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Benzinga

Business

Shivani Kumaresan

Farmmi Raises $6M Via Equity Offering

FAMI Farmmi Inc New York

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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