Amount Raised
$135 Million
Description
Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced that it has entered into a debt financing agreement for up to $135 million in a Senior Secured Note facility (the “Note”) with an institutional lender (the “Lender”). The proceeds will be used for working capital and general corporate purposes.
FundzWatch™ Score
79
Medium Activity
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