UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-39946 AGRIFY CORPORATION (Exact name of registrant as specified in its charter) | Nevada | 30-0943453 | | --- | --- | ...

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. In connection with the termination of the merger, Agri ...

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. Given unfavorable market conditions, a decision was reached to terminate the planned merger.In connection with the te ...

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. In connection with the termination of the merger, Agr ...

This Is How To Make Money In The Cannabis SectorMarijuana stock investors see the future of cannabis as being even more profitable in the market. But what is triggering this speculation surrounding investing in cannabis? The cannabis industry has come a long way over the years with over 50% of the USA having established cannabis markets. Even with no federal reform set in place companies have been seeing great success. When continuous growth and money is being made it creates excitement among those who inve ...

NEW YORK, May 16, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Agrify Corporation (NASDAQ: AGFY), relating to its proposed merger with Nature's Miracle Holding Inc. Under the terms of the agreement, Agrify shareholders will each be issued 0.45 of a share o ...

ONTARIO, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Nature's Miracle Holding Inc. (NASDAQ: NMHI; NMHIW) (“Nature’s Miracle” or the “Company”), a leader in vertical farming technology and infrastructure, and Agrify Corporation (NASDAQ: AGFY) (“Agrify”), announced today that both parties have signed a definitive agreement and plan of merger (“Agreement”) in which a new wholly-owned subsidiary of Nature’s Miracle will merge with and into Agrify, with Agrify surviving the merger as a wholly-owned subsidiary of Na ...

Core Insights - The initial public offerings are increasing, but 2024 has been disappointing for investors in merger stocks due to failed deals like iRobot and Southwest Airlines [1] - Despite setbacks, there are still promising merger stock opportunities, with two expected to close soon and one presenting significant upside potential [1] Group 1: Agrify Corp (AGFY) - Agrify Corp is highlighted as a merger arbitrage opportunity and a penny stock, with a current market cap of $4.25 million, set to merge with Nature's Miracle, valued at approximately $22.5 million [2][3] - The merger deal is priced at $6.35 million, translating to $0.4185 per share of Agrify, representing a nearly 40% premium over its current share price [3] - Nature's Miracle aims to integrate Agrify's AI-powered cannabis cultivation technology, which could lead to significant growth as cannabis legalization progresses [3] Group 2: Six Flags Entertainment (SIX) - Six Flags is in the process of merging with Cedar Fair, with the deal expected to close within the first half of 2024, likely within 45 days [5] - Current Six Flags investors will receive a special one-time dividend of $1 per share upon conversion at a 0.58 exchange ratio, with Deutsche Bank estimating a target share price of $29, an 8% premium over current pricing [6] Group 3: Banco De Sabadell (BNDSY) - BBVA has made a $12.87 billion bid for Banco De Sabadell, which was initially rejected, leading to a hostile takeover attempt [7] - The current per-share price of Banco De Sabadell is approximately $4.78, indicating a 16% potential upside if the takeover is successful [7] - The situation presents significant volatility, with potential for share price surges depending on the outcome of the takeover attempt [7]

Ancillary Companies Shaping the Future of CannabisThis week, several marijuana stocks are drawing attention due to their volatility and potential for growth. The cannabis industry in the U.S. has seen remarkable progress, particularly with more states legalizing its use. According to recent statistics, the U.S. cannabis market is expected to grow substantially. By 2025, sales are projected to surpass $30 billion, indicating a robust expansion from current levels. Furthermore, recent headlines have highlight ...

Combined Entity is Expected to Become the Leading Provider of CEA Products and SolutionAGRIFY Brings Industry-Leading Cultivation and Extraction Solution ServiceImmediately Realizable Financial and Operational Synergies UPLAND, Calif., April 17, 2024 (GLOBE NEWSWIRE) --  Nature's Miracle Holding Inc. (NASDAQ:NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced it has entered into a term sheet to acquire 100% of all the outstanding shares of ...