Farmmi, Inc. (FAMI) News
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Latest FAMI News From Around the Web
Below are the latest news stories about FARMMI INC that investors may wish to consider to help them evaluate FAMI as an investment opportunity.
Farmmi, Inc. Enters into Strategic Cooperation Agreement Aimed to Further Expand Its Logistic Services BusinessFarmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that the Company's subsidiary, FARMMI USA INC. ("Farmmi USA"), has reached an agreement in principle with Mazon Technology LLC for strategic cooperation in warehousing and logistics services that could potentially bring in $10 million in annual orders for Farmmi USA. The Company considers it a new major operational development for Farmmi USA since the launch of the trial operation |
Farmmi Receives NASDAQ Minimum Bid Price Requirement ExtensionFarmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that on October 22, 2024, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 21, 2025. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's ordinary shares needs to be |
Farmmi Announces Pricing of $1.0 Million Registered Direct OfferingFarmmi, 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 |
Farmmi Announces The Launching of Its New Warehousing And Distribution Center Services in North AmericaFarmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced a successful opening of the Company's warehouse and distribution center in Los Angeles, California. On the first day of its operations on August 12, 2024, the distribution center received warehousing orders for 28 shipping containers. With the grand opening of the warehousing and logistics center, the Company has started a new chapter of its business and development. |
Farmmi, Inc. Expands North America OperationsFarmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company's subsidiary, FARMMI USA INC., has signed a sublease agreement and acquired the right to use a large distribution and storage center in United States to further expand its global business. This marks a significant development for Farmmi's U.S. operations. |
Farmmi Receives Agricultural Products Sales AwardFarmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company's subsidiary, Zhejiang Farmmi Food Co., Ltd., has received the certificate of "An Agricultural Products Sales King" awarded by the Lishui municipal authority. |
Be Wary Of Farmmi (NASDAQ:FAMI) And Its Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key... |
Farmmi Receives NASDAQ Notification Regarding Minimum Bid RequirementsFarmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that on April 22, 2024, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 32 consecutive bus |