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Nature's Miracle raises USD 1.2 million in post-IPO equity funding
Vertical Farming
Jul 30, 2024
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Vertical Farming

Vertical Farming

Jul 30, 2024

Nature's Miracle raises USD 1.2 million in post-IPO equity funding

Funding

  • Nature's Miracle Holding Inc., a Nasdaq-listed, controlled environment agriculture technology company, has raised USD 1.2 million through a post-IPO public equity offering involving 5,000,000 shares at a price of USD 0.24 per share.

  • While the company did not disclose specifics on how the funds would be utilized, it reports that the underwriter was granted an option to purchase the company's common stock and/or warrants exercisable within 45 days following the closing of the offering.

  • EF Hutton LLC acted as the sole book-running manager for the offering.

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