Farmmi Inks Agreement To Acquire Four Seasons Holding Group Brazil; Financial Terms Undisclosed

Farmmi, Inc.

Farmmi, Inc.

FAMI

0.00

Farmmi, Inc. ("Farmmi" or the "Company") (Nasdaq: FAMI) today announced that the Company has signed an acquisition framework agreement with the shareholders of FOUR SEASONS HOLDING GROUP BRAZIL LTDA. (the "Target Company") for the purpose of acquiring 100% of the equity interests in the Target Company. The proposed transaction is intended to further expand the Company's business presence in the agricultural supply chain sector in Brazil and globally.