Farmmi announces a proposed public offering of ordinary shares

LISHUI, China, March 19, 2021 / PRNewswire / – Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ: FAMI), a supplier of agricultural products in China, today announced its intention to offer ordinary shares for sale as part of a subscribed public offering. The Company intends to use the net proceeds of this offering for general business and working capital purposes. The Offer is subject to market conditions and there can be no assurance that the Offer will be able to be completed or not, nor the actual size or terms of the Offer.

Aegis Capital Corp. acts as the only accounting manager of the offer.

This offering is being made in accordance with a registration statement in effect on Form F-3 (No. 333-254036) previously filed with the US Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on March 16, 2021. A preliminary prospectus supplement and accompanying prospectus outlining the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Electronic copies of the preliminary prospectus supplement and accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., attention: Syndicate Department, 810 7th Avenue, 18th Floor, New York, NY 10019, by e-mail to [email protected], or by phone at (212) 813-1010. Before investing in this offering, interested parties should read the entire Prospectus Supplement and the accompanying prospectus as well as any other documents the Company has filed with the SEC which are incorporated by reference in this Supplement. prospectus and the accompanying prospectus, which provide more information. about the company and this offer.

This press release does not constitute an offer to sell or the solicitation of an offer to buy and there will be no sale of such securities in any state or jurisdiction where such an offer, solicitation or sale would be illegal prior to ‘registration or qualification under the securities laws of those states or jurisdictions.

About Farmmi, Inc.
Based in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is a leading agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms and other edible mushrooms. For more information about the company, please visit: http://ir.farmmi.com.cn/.

Forward-looking statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including the potential impact of COVID -19 on our activities inside and outside China. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections regarding future events and financial trends that the Company believes could affect its financial condition, results of operations, business strategy. and his financial needs. Investors may identify these forward-looking statements by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan” “,” Believe “,” potential “,” continue “,” is / are likely to “or other similar expressions. The Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that these expectations will prove to be correct, and the company cautions investors that actual results may differ materially from expected results.

SOURCE Farmmi, Inc.

Related links

http://ir.farmmi.com.cn/