The Online Investor

Slideshow IPOs

By The Online Investor Staff, updated Thu., Feb. 22, 9:40 AM

Slide #2. Farmmi, Inc. Initial Public Offering

Company: Farmmi, Inc.
Proposed Symbol: FAMI
Shares Offered: 1,680,000
Price Per Share: $4.00
Over-Allotment: 252,000
Description: Farmmi, Inc. (the "Company"), a leading agriculture products supplier in China, today announced the pricing of its initial public offering ("IPO") of 1,680,000 ordinary shares at a price to the public of $4.00 per share for a total of $6,720,000 in gross proceeds. In addition, Farmmi, Inc. has granted the underwriters a 45-day option to purchase up to an additional 252,000 ordinary shares at the public offering price, less underwriting discounts and commissions. This offering is being conducted on a firm commitment basis. All of the ordinary shares are being offered by the Company. The shares are scheduled to begin trading on The NASDAQ Capital Market ("NASDAQ") on February 16, 2018 under the ticker symbol "FAMI." The offering is expected to close on February 21, 2018, subject to customary closing conditions.

IPOs: Farmmi, Inc.

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