General Information

AgriFORCE Growing Systems Ltd. is an agriculture-focused technology company that is developing systems that are intended to deliver innovative, reliable and financially robust solutions for high value crops through its proprietary facility design and automation intellectual property to businesses and enterprises. The company intends to operate in the plant-based pharmaceutical, nutraceutical and other high-value crop markets using its unique proprietary facility design and hydroponics-based automated growing system that enable cultivators to effectively grow crops in a controlled environment.

The company calls its facility design and automated growing system the “AgriFORCE grow house.” The company has designed its AgriFORCE grow house to produce in virtually any environmental condition and to optimize crop yields to as near their full genetic potential possible while substantially eliminating the need for the use of pesticides and/or irradiation.

*Revenue and net loss figures are for the year ended Dec. 31, 2020.

(Note: AgriFORCE Growing Systems Ltd. increased the number of units in its IPO at pricing on July 7, 2021, by pricing 2.72 million units, up from 2.27 million units, at $5 – the bottom of its $5-to-$7 price range – to raise $13.6 million. Each unit consists of one common share and one Series A warrant to purchase one common share. The stock will trade under the symbol “AGRI” and the warrants will trade under the symbol “AGRIW” on NASDAQ, starting Thursday, July 8, 2021.)

Industry: Prefabricated Metal Buildings & Components
Employees: 5
Founded: 2017
Contact Information
Address 777 Hornby Street, Suite 600 Vancouver, BC V6Z 1S4 Canada
Phone Number (604) 757-0952
Web Address
Financial Information
Market Cap $72.6mil
Revenues $0.11 mil (last 12 months)
Net Income $-3.22 mil (last 12 months)
IPO Profile
Symbol AGRI
Exchange NASDAQ
Shares (millions): 2.7
Price range $5.00 - $5.00
Est. $ Volume $13.6 mil
Manager / Joint Managers EF Hutton
CO-Managers -
Expected To Trade: 7/8/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change