Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
AgriFORCE shareholders approve $300 million investment deal, expected to be completed by October 30, becoming AVAX treasury company

AgriFORCE shareholders approve $300 million investment deal, expected to be completed by October 30, becoming AVAX treasury company

金色财经2025/10/27 21:21

Jinse Finance reported that AgriFORCE Growing Systems (NASDAQ: AGRI) announced that the company has received shareholder approval to complete the previously announced transaction, becoming the first publicly listed company focused on the Avalanche ecosystem. This transaction includes a private investment in public equity (PIPE) of approximately $300 million led by Hivemind Capital, which is expected to be completed by October 30. After the transaction is completed, the company will be renamed AVAX One and will change its stock ticker to reflect its strategic focus on the Avalanche ecosystem. AVAX One plans to hold over $700 million worth of AVAX tokens through a digital asset treasury strategy, aiming to build an institutional-grade Avalanche access platform. The company will continue to operate its existing AgriFORCE business, focusing on energy-driven digital infrastructure and clean energy technology.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
The probability of the Federal Reserve cutting interest rates by 25 basis points in October is currently reported at 97.8%.
2
Ethereum Fusaka hard fork activated on final testnet, expected to launch on mainnet in December

Crypto prices

More
Bitcoin
Bitcoin
BTC
$112,994.65
-1.21%
Ethereum
Ethereum
ETH
$3,983.26
-3.55%
Tether USDt
Tether USDt
USDT
$1
+0.02%
XRP
XRP
XRP
$2.59
-1.84%
BNB
BNB
BNB
$1,100.65
-3.78%
Solana
Solana
SOL
$193.8
-2.72%
USDC
USDC
USDC
$0.9999
+0.00%
Dogecoin
Dogecoin
DOGE
$0.1925
-4.81%
TRON
TRON
TRX
$0.2947
-1.42%
Cardano
Cardano
ADA
$0.6437
-3.99%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter