Why Is AgriFORCE Growing (AGRI) Stock Down 31% Today?
AGRIAgriFORCE Growing Systems .(AGRI) InvestorPlace·2024-05-07 21:01

AgriFORCE Growing (NASDAQ:AGRI) stock is falling hard on Tuesday after the agriculture-focused technology company announced an offering for its shares. According to its filing with the Securities and Exchange Commission (SEC), the company is expecting 432,528,740 shares of AGRI stock to be sold in this offering. It’s worth pointing out that this is a secondary offering from shareholders in AgriFORCE Growing. That’s worth pointing out as it means AgriFORCE Growing won’t see any proceeds connected to this off ...