Core Points - Nature's Miracle Holding Inc. announced a conversion of $1,692,250 in accrued compensation and debt into 12,967,440 shares at a price of $0.1305 per share, reflecting the company's closing stock price on July 24, 2025 [1][2] - The management team, including CEO James Li, President Zhiyi Zhang, and CFO George Yutuc, converted a total of $1,132,250 into shares, with Li converting $673,476 for 5,160,739 shares [2][3] - The conversion is expected to reduce the company's liabilities and strengthen shareholder equity, alongside a recent $100 million distribution deal with Faraday Future and a $20 million XRP Treasury Program [3] Company Overview - Nature's Miracle is a growing agriculture technology company focused on providing products and services in the Controlled Environment Agriculture (CEA) industry in the U.S. [4] - The company's common stock trades on the OTCQB market under the symbol "NMHI" [4]
Nature's Miracle Holding Inc. ("NMHI") Management and a Lender Invested $1.69 Million in NMHI Shares through Liability and Debt Conversion