Agrify Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

May 24, 2023

https://www.globenewswire.com/news-release/2023/05/23/2674806/0/en/Agrify-Receives-Nasdaq-Notification-of-Non-Compliance-with-Listing-Rule-5250-c-1.html

BILLERICA, Mass., May 23, 2023 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that on May 17, 2023, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying Agrify that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2023, with the Securities and Exchange Commission (“SEC”).

Read more at globenewswire.com

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