News Releases

23 MARCH 2022

Agrify Announces Record Fourth Quarter and Fiscal Year 2021 Results

2021 Revenue Increased 395% Year-Over-Year to $59.9 Million Fourth Quarter Revenue Increased 481% Year -Over-Year to $25.3 Million BILLERICA, Mass. , March 23, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced cultivation
14 MARCH 2022

Agrify Secures $135 Million Debt Facility

Strengthens Balance Sheet and Enables Agrify to Continue to Accelerate Growth BILLERICA, Mass. , March 14, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of premium cultivation and extraction solutions for the cannabis and hemp
7 MARCH 2022

Agrify to Participate in the 34th Annual Roth Conference

BILLERICA, Mass. , March 07, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced that Raymond Chang , Chief Executive Officer, and
2 MARCH 2022

Agrify to Host Fourth Quarter and Fiscal Year 2021 Results Conference Call

BILLERICA, Mass. , March 02, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced it will host a conference call to review its financial
2 FEBRUARY 2022

Agrify Acquires Lab Society 

Lab Society is a Leader in Distillation and Solvent Separation  Solutions for the Cannabis Extraction Industry with $10 Million in Annual Revenue Acquisition Further Solidifies Agrify as the Largest and Most Comprehensive Provider of High-Quality Extraction Solutions for the Cannabis and Hemp
26 JANUARY 2022

Agrify Corporation Announces $27.3 Million Private Placement

BILLERICA, Mass., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative and vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced that it has entered into
20 JANUARY 2022

Agrify Announces Record Bookings of Over $250 Million in Fourth Quarter 2021

Q4 2021 Bookings $150 Million Greater Than Prior Guidance of $100 Million BILLERICA, Mass., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative and vertically integrated provider of premium cultivation and extraction solutions for the
5 JANUARY 2022

Agrify Completes Acquisition of PurePressure, the Leader in Solventless Extraction and Advanced Ice Water Hash Processing, Two of the Fastest Growing Segments within the Extraction Market

Acquisition Positions Agrify as the Largest and the Most Powerful Cannabis and Hemp Extraction Solution Provider in the World BILLERICA, Mass., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative and vertically integrated provider of
4 JANUARY 2022

Agrify Enters Into a 10-Year Agreement with Gold Leaf For Its Total Turn-Key Solution

Over $140 Million in Revenue Expected Over the First Three Years of Cultivation and Over $400 Million in Total Revenue Projected for the 10-Year Term of the Agreement Expands Agrify’s Footprint to Lucrative and Fast-Growing Florida Cannabis Market BILLERICA, Mass., Jan.
3 JANUARY 2022

Agrify to Participate in the 2022 ICR Conference

BILLERICA, Mass., Jan. 03, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative and vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry, today announced that Raymond Chang, Chief
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