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Nature's Miracle Holding Inc. ("NMHI") Raised $2 Million Through Convertible Preferred Shares Issuance
Prnewswireยท 2025-09-24 13:44
Group 1 - Nature's Miracle Holding Inc. has signed a $2 million convertible preferred investment agreement with an Asia-based private investor, issuing 2,000 Series D Preferred Shares convertible at $0.1180 per share [1] - The initial tranche of $500,000 was received on September 19, 2025, with the remaining $1.5 million expected to close before November 15, 2025 [1] - Proceeds from the investment will be utilized for working capital [1] Group 2 - Nature's Miracle Holding Inc. operates in the agriculture technology sector, providing products and services to the Controlled Environment Agriculture (CEA) industry in the U.S. [2] - The company is also involved in electric vehicle distribution and bitcoin mining, and is exploring the use of XRP digital treasury programs [2] - Nature's Miracle's common stock trades on the OTCQB market under the symbol "NMHI" [2]