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Agrify Priced, Nasdaq: AGFY

Provides turnkey indoor farming solutions.

Industry: Industrials

Latest Trade: $10.55 -1.28 (-10.8%)

First Day Return: +27.4%

Return from IPO: +18.3%

Industry: Industrials

We are a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace. We believe we are the only company with an automated and fully integrated grow solution in the industry. We also believe our Agrify "Precision Elevated" cultivation solution is vastly differentiated from anything else on the market in that it combines our seamlessly integrated hardware and software offerings with a wide range of associated services such as consulting, engineering, and construction to form what we believe is the most complete solution available from a single provider. The totality of our product mix and service capabilities form an integrated ecosystem in what has historically been an extremely fragmented market for the various components needed for indoor agriculture. Despite the fact that the indoor agriculture space is rapidly growing, our grower customers face some significant obstacles to their operations that pose a serious threat to their long-term profitability. We believe that our turnkey, fully integrated Agrify “Precision Elevated” cultivation solution is the key to resolving many of the challenges our customers encounter. With years of indoor agriculture industry experience and extensive domain expertise, our team is able to work closely with cultivators across various commercial segments including fruits, vegetables, hemp and cannabis.
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IPO News for Agrify
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IPO Data
IPO File Date 12/22/2020
Offer Price $10.00
Price Range $8.00 - $10.00
Offer Shares (mm) 5.4
Deal Size ($mm) $54
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/27/2021
Offer Price $10.00
Price Range $8.00 - $10.00
Offer Shares (mm) 5.4
Deal Size ($mm) $54
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Burlington, MA
Founded 2016
Employees 40
Website www.agrify.com