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For more information please contact:
Investment Banking
Ted Roth
President &
Head of Investment Banking
(949) 720-5753
troth@roth.com
Hershel Gerson
Managing Director &
Co-Head of Consumer
Investment Banking
(310) 445-5875
hgerson@roth.com
Adam Roth
Director
(858) 335-5500
aroth@roth.com
Jacob Frank
Director
(949) 720-7135
jfrank@roth.com
Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703
agurewitz@roth.com
Nazan Akdeniz
Senior Vice President
(949) 720-5740
nakdeniz@roth.com
Lou Ellis
Senior Vice President
(949) 720-5739
lellis@roth.com |
Transaction Information
Agrify Corporation (NasdaqCM: AGFY), a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace, has closed its initial public offering of 6,210,000 shares of common stock, which includes an additional 810,000 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at the public offering price of $10.00 per share, resulting in the gross proceeds for Agrify Corporation of approximately $62.1 million.
The shares of common stock began trading on the Nasdaq Capital Market under the symbol "AGFY" on January 28, 2021.
Roth Capital Partners acted as joint book-running manager for the offering.
About Agrify Corporation
We are a developer of premium grow solutions for the indoor agriculture marketplace. We use data, science, and technology to empower our customers to be more efficient, more productive, and more intelligent about how they run their businesses. Our highly advanced and proprietary hardware and software solutions have been designed to help our customers achieve the highest quality, consistency, and yield, all at the lowest possible cost. For more information, please visit
www.agrify.com.
(Source: Company Press Release | 01.27.21)
About Roth Capital Partners
Roth Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and
their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading,
market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and
maintains offices throughout the U.S. For more information on ROTH, please visit
www.roth.com. |
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Date of Announcement: 02.17.21
The material, information and facts discussed in this announcement other than the information regarding Roth Capital Partners, LLC
("Roth") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any
companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or
estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be
reproduced in any form without the express written permission of Roth. Copyright 2021. |
