Core Viewpoint - Nature's Miracle Holding Inc. has entered into a non-binding Memorandum of Understanding (MOU) with ZO Motors North America LLC to enhance emergency response capabilities and expand into the electric vehicle market in South America [1][4]. Group 1: MOU Details - The MOU serves as a foundation for collaborative projects, including the Nature's Miracle Mobile E-Farm Project and the Colombia Bus Project, with plans to purchase 60 basic ambulances and 20 advanced ambulances from ZMNA [2]. - The collaboration aims to deliver up to 2,000 electric vehicles (EVs), including electric buses, to the Colombian market [2]. Group 2: Recent Developments - This MOU follows a recent purchase order from the National Transport Chamber of Colombia for the introduction of up to 2,000 EVs [3]. - In October 2024, the company announced plans to order electric trucks for conversion into mobile vertical farms, further diversifying its EV portfolio [3]. Group 3: Company Statements - The Chairman and CEO of Nature's Miracle emphasized that the MOU represents a significant step in expanding EV sales in South America and aims to leverage ZO Motors' expertise in customized EV development [4].

ONTARIO, Calif., Jan. 17, 2025 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today issued the following statement in response to the delisting notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq"), which indicated that the Nasdaq Hearings Panel has determined to delist the Company's common stock and warrants from Nasdaq due to the Company's failure to comply with minimum shareholder' ...

ONTARIO, Calif., Jan. 14, 2025 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced that on January 13, 2025, the Company received written notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Nasdaq Hearings Panel has determined to delist the Company's common stock and warrants from Nasdaq due to the Company's failure to comply with minimum shareholder's ...

ONTARIO, Calif., Jan. 13, 2025 /PRNewswire/ -- Nature's Miracle Holding, Inc. (Nasdaq: NMHI) ("Nature's Miracle"), a growing agriculture technology company providing equipment and services to growers,  announced that it entered into a Securities Purchase Agreement ("SPA") with a single institutional investor ("Investor") on January 10, 2025. The SPA allows Nature's Miracle, subject to customary conditions, to sell up to $29.7 million in the aggregate of a newly-designated class of convertible preferred stoc ...

Core Viewpoint - Nature's Miracle Holding Inc. is diversifying its portfolio by acquiring a 90% equity interest in J&Y Marigold Ltd., which is developing a Bitcoin mining facility with a total anticipated power load of 14 megawatts [1][3]. Acquisition Details - The acquisition involves a total purchase price of up to $5.32 million, with phase I (9 MW) expected to close in Q1 2025 and phase II (5 MW) in Q2 2025 [2]. - Upon completion, the Bitcoin mining facility is projected to be operational in the first half of 2025 [2][3]. Strategic Importance - This acquisition is seen as a transformative step for the company, allowing it to expand beyond its core focus on agriculture technologies and solidify its presence in the cryptocurrency industry [3]. - The global cryptocurrency market is experiencing significant growth, driven by increased adoption and institutional interest, making Bitcoin mining a critical component for network security and economic opportunities [3]. Company Background - Nature's Miracle is an agriculture technology company that provides products and services in the Controlled Environment Agriculture (CEA) industry and has recently ventured into electric vehicle and Bitcoin businesses [4].

ONTARIO, Calif., Dec. 3, 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 Daphne Y. Huang has been appointed Chief Financial Officer and George Yutuc, has stepped down from serving as Chief Financial Officer (CFO) and will now serve as the Company's Chief Operating Officer (COO). These strategic leadership appointments aim to advance the Company's long-term growth strategy ...

Upon Completion of the Investment, this facility will have a 50MW capacity for Bitcoin Mining ONTARIO, Calif., Nov. 25, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), announced today it has formed NM Data Inc., a Nevada Corporation and 100% subsidiary, to develop and acquire Bitcoin mining facilities. NM Data has signed an agreement to invest up to $3 million in Future Tech Incorporated ("Future Tech"), an Ohio-based company, to develop and build up ...

Core Viewpoint - Nature's Miracle Holding Inc. has announced a debt-to-equity conversion agreement that will reduce its debt by $2.0 million and increase stockholder equity by the same amount, aligning management interests with shareholders [1][3]. Group 1: Debt Conversion Details - The company management and other debt holders have signed agreements to convert $2.0 million of debt into equity at a price of $0.088 per share, based on the closing price on November 19, 2024 [1]. - James Li, Chairman and CEO, is converting $577,000 of his personal loans into equity, demonstrating commitment to the company's future [2]. - Jonathan Zhang, President, is converting outstanding trade payables due to Uninet Inc. into equity, further supporting the debt reduction strategy [2]. Group 2: Company Overview - Nature's Miracle is a leader in vertical farming technology and infrastructure, providing equipment and services to the Controlled Environment Agriculture (CEA) industry, including vertical farming in North America [4]. - The company offers hardware for designing, building, and operating indoor growing environments, including greenhouses and indoor spaces, through its subsidiaries [4].

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), on November 12, 2024 closed its previously announced underwritten public offering of (a) 25,133,631 units (the "Units"), with each Unit consisting of (i) one share of common stock, par value $0.0001 per share (the "Common Stock"), (ii) one Series A Warrant to purchase one share of Common Stock (the "Series A Warrant"), and (iii) one Series B Warrant to purchase such number of share ...

ONTARIO, Calif., Nov. 19, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced that on November 21, 2024, effective at 12:01 a.m. Eastern Time, it will effectuate a 1-for-30 reverse split of its common stock. The Company's common stock will begin trading on a split-adjusted basis when the market opens on November 21, 2024, under its current trading symbol "NMHI". The new CUSIP numb ...