FAMI

It will skyrocket

Farmmi Announces Pricing of $1.0 Million Registered Direct Offering
By Farmmi, Inc. Aug 23, 2024 Updated 21 hrs ago
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LISHUI, China, Aug. 23, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (Nasdaq: FAMI), an agriculture products supplier in China, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase 3,433,167 ordinary shares of the Company (the "Ordinary Shares") in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the investors Series A warrants to purchase up to 3,433,167 Ordinary Shares. The combined effective offering price for each Ordinary Share and accompanying Series A warrant is $0.30. The Series A warrants are immediately exercisable, expire five years from issuance, and have an initial exercise price of $0.75 per share, which exercise price is subject to standard adjustments for dividends, splits and similar events and is also subject to adjustment for certain dilutive issuances, upon reset following certain capitalization events (including a reverse stock split) and upon reset on a Reset Date (as defined in the Series A warrant). The gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be approximately $1.0 million before deducting the placement agent's fees and other estimated offering expenses payable by the Company.

The offering is expected to close on or about August 26, 2024, subject to the satisfaction of customary closing conditions.

$FAMI nothing but a scam.
Please don’t be fooled by all scammers.

SCAM SCAM trash ?

Scam Chinese garbage ??

Chinese garbage ?️ junk ?️?????

1000 % tomorrow morning ✅✅

On fire 3++++

It will pump over the next couple days they will drop all the news they held back watch and see

Holy smokes! Just checking this mf stock 3 weeks later after losing 2k and now I see nothing alse deads ????☠️☠️☠️??