Nature’s Miracle and Agrify Corporation Announces Signing of the Definitive Merger Agreement
ONTARIO, Calif., May 16, 2024 (GLOBE NEWSWIRE) — Nature’s Miracle Holding Inc. (NASDAQ:NMHI; NMHIW) (“Nature’s Miracle” or the “Company”), a leader in vertical farming technology and infrastructure, and Agrify Corporation (NASDAQ:AGFY) (“Agrify”), announced today that both parties have signed a definitive agreement and plan of merger (“Agreement”) in which a new wholly-owned subsidiary of Nature’s Miracle will merge with and into Agrify, with Agrify surviving the merger as a wholly-owned subsidiary of Nature’s Miracle. The signing of the definitive agreement directly follows the previously announced term sheet for the merger.