Welcome to our dedicated page for AgriFORCE Growing Systems Ltd. Warrant news (Ticker: AGRIW), a resource for investors and traders seeking the latest updates and insights on AgriFORCE Growing Systems Ltd. Warrant stock.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is an innovative AgTech company dedicated to transforming modern agricultural practices through cutting-edge technology and proprietary intellectual property (IP). The company leverages its expertise to create sustainable agricultural solutions that optimize crop yields and enhance food safety.
Core Business and Innovations:
AgriFORCE’s primary focus is on developing and utilizing its IP assets to drive improvements in the agricultural industry. This includes its proprietary patent-pending facility design and automated growing systems. Their AgriFORCE Brands division is actively involved in the development and commercialization of plant-based ingredients and products, such as Awakened Flour and Awakened Grains, aimed at delivering more nutritious food.
Recent Achievements and Projects:
AgriFORCE has made significant strides, including the acquisition of a 14% stake in Radical Clean Solutions (RCS). RCS specializes in chemical-free Hydroxyl devices that effectively eliminate pathogens, mold, mildew, and volatile organic compounds (VOCs) in various environments like food production facilities and indoor farms. This partnership enables AgriFORCE to exclusively commercialize these devices, which are crucial for reducing food spoilage and ensuring food safety.
Additionally, AgriFORCE's innovative AgriForce/RCS Hydroxyl Devices were selected as one of the top 20 new innovations at EXPO Guanajuato 2023, the largest AgTech exposition in Latin America. The Hydroxyl technology uses hydroxyls, known as
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has launched un(Think) Awakened Flour, a nutritious flour made through a patent-pending process that enhances taste and digestibility. This flour is expected to be available in late 2022 for consumers and businesses in the U.S. and Canada. The proprietary process allows for the careful germination of wheat, maximizing nutritional benefits. AgriFORCE plans to expand its un(Think) Food brand with additional products, including Power Flour expected in 2023 and is establishing operations in Saskatoon, Saskatchewan.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has been granted a patent for its proprietary growing facility design, the AgriFORCE GrowHouse, by the Canadian Intellectual Property Office. This patent covers 20 claims related to innovative features for growing plants, including energy-efficient structures and advanced hydroponics. The design aims to meet Good Manufacturing Practices for pharma-grade crops in extreme weather. The patent strengthens the company's intellectual property portfolio, positioning it as a leader in sustainable AgTech.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) will have its CEO, Ingo Mueller, presenting at the Benzinga All Access event on July 22, 2022, at 11:40 A.M. Eastern Time. The event focuses on AgriFORCE's mission to enhance sustainable cultivation and crop optimization through advanced technology and intellectual property. The live broadcast can be accessed via a provided link, with an archived recording available on AgriFORCE's investor relations website. The company aims to address global food sustainability challenges through innovative agtech solutions.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has appointed Hernando Ruiz-Jimenez as General Manager of un(Think) Foods. His focus will be on the development and commercial launch of innovative wheat flour products that are 100% natural, featuring significantly higher fiber and protein content while reducing carbs by 70%. Ruiz-Jimenez brings a wealth of experience from companies like PepsiCo and Diageo. AgriFORCE is preparing for a pilot test of its branded products by late 2022, aiming to enhance the sustainable food market.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) announced a definitive agreement for a convertible debt facility totaling $14.025 million, potentially increasing to $33 million, aimed at financing the acquisition of Delphy Groep BV. The initial conversion price for the debt is set at $2.22 per share, with a 10% original issue discount. The company expects to receive $12.75 million after fees, and the notes are due in 2.5 years, amortizing over 25 months. This move provides financial flexibility to manage equity dilution while supporting strategic growth.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) will present at "The Future of Food" Food & AgTech conference on June 8, 2022. CEO Ingo Mueller is scheduled to speak at 2:45 p.m. ET, offering insights into sustainable agriculture innovations. The event will be held virtually, with AgriFORCE management available for one-on-one investor meetings. This conference aims to explore revolutionary advances in AgTech and food security, focusing on the four pillars of food availability, access, utilization, and stability. Registration for the event is available on the Investor Summit website.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) announced that CEO Ingo Mueller will present at the H.C. Wainwright Global Investment Conference from May 23-26, 2022, at Fontainebleau Miami Beach, Florida. Mueller's in-person presentation is scheduled for May 25 at 12:00 p.m. ET. The company focuses on sustainable agriculture through advanced AgTech solutions, aiming to serve markets in North America, Europe, and Asia. AgriFORCE's vision is to lead in plant-based foods, promoting a 'Clean. Green. Better.' approach.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has successfully completed the acquisition of Manna Nutritional Group's intellectual property, focusing on patent-pending technologies for converting grains, pulses, and root vegetables into high-protein, fiber-rich consumer products. Lab tests reveal that the new baking flour outperforms conventional options, offering 30 times the fiber and 80% less starch. Initial production is set to launch in Saskatchewan in the second half of 2022, with a pilot product under the un(Think) brand aimed at healthier consumer choices.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) announced an extension to the closing date of its acquisition of Delphy Groep BV until the end of July 2022. This decision aims to ensure the finalization of certain conditions, including the audit of Delphy. Both companies are committed to the transaction, with AgriFORCE's CEO emphasizing the substantial synergies anticipated. Delphy, a Netherlands-based AgTech consultancy, expects the merger to enhance its global footprint and product offerings, fostering growth for both entities.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has been invited to present at the Spring Into Action - Best Ideas Investor Conference, taking place virtually from May 16-20, 2022. The company's management will present on May 17, 2022, at 3:00 p.m. ET, with the session webcast live and available for replay. One-on-one meetings with qualified investors are also scheduled throughout the event. The conference features 36 top ideas recommended by institutional investors, emphasizing innovation in AgTech.
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