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Benzinga
Benzinga
Business
Shivani Kumaresan

Farmmi Raises $6M Via Equity Offering

  • Farmmi Inc (NASDAQ:FAMI) has raised about $6 million in gross proceeds from the sale of 30 million of its shares.
  • The shares were sold to various purchasers at $0.20 per share.
  • The company recently disclosed its latest order for dried sliced Shiitake mushrooms for export to New York.
  • Price Action: FAMI shares are trading higher by 2.83% at $0.19 in premarket on the last check Thursday.
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