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AgriFORCE Reports Delay and Changes to its Acquisition of Delphy Groep BV

AgriFORCE Reports Delay and Changes to its Acquisition of Delphy Groep BV. Vancouver, BC, September 27, 2022 Vancouver-based AgriFORCE Growing Systems (NASDAQ: AGRI; AGRIW), an AgTech company, announced that following the definitive agreement to acquire Delphy Groep BV (Delphy), the parties have agreed to extend the closing date as part of an Amended Agreement, to allow for sufficient time to complete a Form 14A for shareholder approval. The Amended Agreement will also reduce the total purchase price and add an earnout provision.

AgriFORCE Growing (AGRI) Reports Further Progress on Planned Acquisition of Delphy, a Leading European Agriculture/Horticulture and AgTech Consulting Firm

AgriFORCE Growing (AGRI) Reports Further Progress on Planned Acquisition of Delphy, a Leading European Agriculture/Horticulture and AgTech Consulting Firm
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AgriFORCE Reports Further Progress on Planned Acquisition of Delphy, a Leading European Agriculture/Horticulture and AgTech Consulting Firm

Reports reduction in upfront purchase price plus addition of earnout reflecting mutual confidence in the outlook and further alignment of interestsVANCOUVER, British Columbia, Sept. 26, 2022 . | September 26, 2022

AgriFORCE Growing Systems Announces Convertible Debt Facility in an Initial Principal Amount of $14 025 Million

AgriFORCE Growing Systems Announces Convertible Debt Facility in an Initial Principal Amount of $14.025 Million. Vancouver, BC, July 7, 2022 AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple verticals, announced it has entered into a definitive agreement for a convertible debt facility of an initial principal amount of $14.025 million (which is subject to a 10% original issue discount) and up to an additional principal amount of $33 million with accredited institutional investors.

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