AgriFORCE Growing Systems (AGRI) announced the company’s Board of Directors has approved a reverse stock split of the company’s issued and outstanding common shares whereby every nine (9) shares of its outstanding common shares will automatically be combined into one common share. The reverse split was approved by the company’s shareholders on June 6, 2025 and will be effective as of the commencement of trading on July 28, 2025 at the open of market. As of the close of business on July 23, 2025, we had 7,851,398 shares of stock issued and outstanding. Post reverse split, this would equate to 872,377 shares. The reverse stock split is being implemented for the purpose of complying with the closing bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AGRI:
- AgriFORCE enters MOU to acquire minority stake in payment services provider
- AgriFORCE enters MOU to acquire 4.49% minority equity stake in VASU
- AgriFORCE Growing Systems expands Alberta mining, treasury strategy
- AgriFORCE Growing Systems launches Alberta compute site
- AgriFORCE announces installation, commissioning of miners at Oyen site