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Nature's Miracle Holding Inc. Announces $2.0 Million Debt to Equity Conversion by Management and Related Debt Holders
NMHINature's Miracle Holding Inc.(NMHI) Prnewswire·2024-11-20 13:30

ONTARIO, Calif., Nov. 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 the Company's management team and other debt holders have signed agreements to convert 2.0millionofdebttoequityatapriceof2.0 million of debt to equity at a price of 0.088 per share, the closing price at the end of November 19, 2024.To demonstrate alignment with shareholders, James Li, Chairman and CEO, is converting $577,000 of hi ...