AgriFORCE Growing Systems Ltd (AGRI) Announces 1:50 Reverse Stock Split

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW), an intellectual property focused agtech company, today announced the Company’s Board of Directors has approved a reverse stock split of the Company’s issued and outstanding common shares whereby every fifty (50) shares of its outstanding common shares will automatically be combined into one (1) common share. The reverse split was approved by the Company’s shareholders on October 4, 2023 and will be effective as of the commencement of trading on October 11, 2023. The reverse stock split is being implemented for the purpose of complying with the closing bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

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