AgriForce Growing Systems Ltd. Enters and Terminates Agreements
Ticker: AVX · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1826397
| Field | Detail |
|---|---|
| Company | Agriforce Growing Systems Ltd. (AVX) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $3,080,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, termination
Related Tickers: AGRI
TL;DR
AGRI entered and terminated key deals on Sept 10th - big moves happening.
AI Summary
On September 10, 2024, AgriForce Growing Systems, Ltd. entered into a material definitive agreement and also terminated a material definitive agreement. The company is incorporated in British Columbia and its principal executive offices are located at 800-525 West 8th Avenue, Vancouver, BC, Canada.
Why It Matters
The simultaneous entry into and termination of material definitive agreements suggests significant strategic shifts or renegotiations for AgriForce Growing Systems, Ltd., which could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — The simultaneous entry into and termination of material definitive agreements indicates potential volatility and uncertainty in the company's strategic direction.
Key Players & Entities
- AgriForce Growing Systems, Ltd. (company) — Registrant
- September 10, 2024 (date) — Date of earliest event reported
- 800-525 West 8th Avenue, Vancouver, BC, Canada (location) — Principal executive offices
FAQ
What was the nature of the material definitive agreement entered into by AgriForce Growing Systems, Ltd. on September 10, 2024?
The filing indicates that AgriForce Growing Systems, Ltd. entered into a material definitive agreement on September 10, 2024, but the specific details of this agreement are not provided in the provided text.
What was the reason for the termination of a material definitive agreement by AgriForce Growing Systems, Ltd. on September 10, 2024?
The filing states that AgriForce Growing Systems, Ltd. terminated a material definitive agreement on September 10, 2024, but the reasons for this termination are not detailed in the provided text.
Where are the principal executive offices of AgriForce Growing Systems, Ltd. located?
The principal executive offices of AgriForce Growing Systems, Ltd. are located at 800-525 West 8th Avenue, Vancouver, BC, Canada.
What is the Commission File Number for AgriForce Growing Systems, Ltd.?
The Commission File Number for AgriForce Growing Systems, Ltd. is 001-40578.
In which jurisdiction is AgriForce Growing Systems, Ltd. incorporated?
AgriForce Growing Systems, Ltd. is incorporated in British Columbia.
Filing Stats: 745 words · 3 min read · ~2 pages · Grade level 13.4 · Accepted 2024-09-16 16:38:26
Key Financial Figures
- $3,080,000 — ng an aggregate offering price of up to $3,080,000 from time to time through or to Maxim a
Filing Documents
- form8-k.htm (8-K) — 44KB
- ex99-1.htm (EX-99.1) — 284KB
- 0001493152-24-036407.txt ( ) — 608KB
- agri-20240910.xsd (EX-101.SCH) — 4KB
- agri-20240910_def.xml (EX-101.DEF) — 29KB
- agri-20240910_lab.xml (EX-101.LAB) — 36KB
- agri-20240910_pre.xml (EX-101.PRE) — 26KB
- form8-k_htm.xml (XML) — 5KB
01 above
Item 1.01 above. Item 9.01 Exhibits 99.1 Form of Equity Distribution Agreement 104 Inline XBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: September 16, 2024 AGRIFORCE GROWING SYSTEMS, LTD. By: /s/ Jolie Kahn Jolie Kahn Chief Executive Officer