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China-based agricultural supplier Farmmi launches proposed public offering (FAMI:NASDAQ)

  • Chinese agricultural supplier and U.S. logistics provider Farmmi (FAMI) announced Sunday that it plans to launch a public offering of its Class A ordinary shares.
  • The company intends to use the net proceeds from this offering for general corporate and working capital needs.
  • The company’s Class A ordinary shares are trading on the Nasdaq Capital Market under the symbol “FAMI”.
  • The offering is subject to market conditions.

 

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