Farmmi closes USD 3 million follow-on offering priced at USD 0.25 per share

Farmmi, Inc.

Farmmi, Inc.

FAMI

0.00

  • Farmmi closed a firm-commitment underwritten public offering raising about USD 3 million in gross proceeds.
  • Deal included 7,000,000 Class A ordinary shares at USD 0.25, plus pre-funded warrants for 5,000,000 shares priced at USD 0.24999.
  • Pre-funded warrants are immediately exercisable at USD 0.00001 per share, exercisable until fully used.
  • Net proceeds earmarked for general corporate purposes, supported by existing cash, with a focus on working capital.
  • Aegis Capital received a 45-day option to buy up to 1,800,000 additional shares at the offering price, less underwriting discount.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farmmi Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606301055PR_NEWS_USPR_____CN95282) on June 30, 2026, and is solely responsible for the information contained therein.