Agrify
AGFY

$0.2515

2.75%

Market Cap: $3.58M

About: Agrify Corp is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market. Its proprietary micro-environment-controlled Agrify Vertical Farming Units (VFUs) enable cultivators to produce high-quality products The products offered by the company include Integrated Grow Racks, LED Grow Lights, Hydroponics, and Vertical Farming Units.

Employees: 141

Industrials Agricultural Services

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

231% more capital invested

Capital invested by funds: $63.4K [Q1] → $210K (+$147K) [Q2]

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

38% more funds holding

Funds holding: 16 [Q1] → 22 (+6) [Q2]

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

0.85% more ownership

Funds ownership: 2.47% [Q1] → 3.32% (+0.85%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for AGFY.

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Financial journalist opinion

Agrify Corporation Announces Results for Second Quarter 2024 and Amended Results for First Quarter 2024

TROY, Mich., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the second quarter ended June 30, 2024.

Agrify Corporation Announces Results for Second Quarter 2024 and Amended Results for First Quarter 2024

Agrify Reminds Stockholders to Vote Before the Proxy Voting Deadline for the Upcoming Annual Meeting of Stockholders

BILLERICA, Mass., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced cultivation and extraction solutions for the cannabis industry, would like to remind stockholders to cast their votes for the proposals that will be voted on at the Company's annual meeting of stockholders (the "Meeting") in advance of the proxy voting deadline for voting by telephone or electronically of 11:59 p.m.

Agrify Reminds Stockholders to Vote Before the Proxy Voting Deadline for the Upcoming Annual Meeting of Stockholders

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Why Is Agrify (AGFY) Stock Up 70% Today?

Agrify (NASDAQ: AGFY ) stock is rocketing higher on Monday alongside heavy pre-market trading of the cannabis hardware and software cultivation company's shares. This has more than 17 million shares of AGFY stock changing hands as of this writing.

Why Is Agrify (AGFY) Stock Up 70% Today?

Agrify Corporation Announces $500K Turnkey Extraction Equipment Deal with Grotech Farms LLC in Bridgeton, NJ

TROY, Mich., June 11, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a $500K Turnkey Hydrocarbon Extraction and Lab Equipment Package with Grotech Farms LLC (“Grotech” or the “Customer”), an annual licensed cannabis operator founded by Miriam Porter and partners.

Agrify Corporation Announces $500K Turnkey Extraction Equipment Deal with Grotech Farms LLC in Bridgeton, NJ

Agrify Corporation Regains Compliance with Nasdaq Stockholders' Equity Requirement

TROY, Mich., May 28, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that after the recent $13.8 million debt-to-equity conversions by CP Acquisitions, LLC and GIC Acquisition, LLC, two entities affiliated with Raymond Chang, Chairman and CEO of Agrify, Agrify has received confirmation from Nasdaq that it has regained compliance with the stockholders' equity requirement of minimum of $2.5 million in Listing Rule 5550(b)(1).

Agrify Corporation Regains Compliance with Nasdaq Stockholders' Equity Requirement

Agrify Corporation Announces Approximately $13.8 Million Debt-to-Equity Conversion

TROY, Mich., May 22, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced an approximately $13.8 million debt-to-equity conversion by CP Acquisitions, LLC and GIC Acquisitions LLC.

Agrify Corporation Announces Approximately $13.8 Million Debt-to-Equity Conversion

Agrify Corporation Announces Results for First Quarter 2024

Company achieves near break-even quarterly results TROY, Mich., May 21, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the first quarter ended March 31, 2024.

Agrify Corporation Announces Results for First Quarter 2024

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