Agrify
AGFY

$0.28

0.69%

Market Cap: 4M

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 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

23% more funds holding

Funds holding: 13 [Q4 2023] → 16 (+3) [Q1 2024]

2.94% less ownership

Funds ownership: 5.4% [Q4 2023] → 2.47% (-2.94%) [Q1 2024]

43% less capital invested

Capital invested by funds: $110K [Q4 2023] → $63.4K (-$46.9K) [Q1 2024]

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Research analyst outlook

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

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Financial journalist opinion

3 Vertical Farming Stocks Growing Profits Indoors

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3 Vertical Farming Stocks Growing Profits Indoors

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Top Ancillary Cannabis Stocks Poised for Growth in July 2024

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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

Nature's Miracle Mutually Agrees to Terminate Plan to Merge with Agrify Corp.

ONTARIO, Calif. , May 20, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, announced today that both Nature's Miracle and Agrify Corporation (NASDAQ: AGFY) ("Agrify"), have mutually agreed to terminate the previously announced plan to merge, originally announced on May 16, 2024.

Nature's Miracle Mutually Agrees to Terminate Plan to Merge with Agrify Corp.

Agrify Corporation Mutually Agrees to Terminate Plan to Merge with Nature's Miracle

TROY, Mich., May 20, 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 Agrify Corporation and Nature's Miracle Holdings Inc. (NASDAQ: NMHI) (“Nature's Miracle”) have mutually agreed to terminate the agreement and plan of merger, previously announced on May 16, 2024, given unfavorable market conditions.

Agrify Corporation Mutually Agrees to Terminate Plan to Merge with Nature's Miracle

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