• Home
  • News

Sichenzia Ross Ference Carmel LLP Represents Nature’s Miracle Holding Inc. in Closing of $3 Million Public Offering

nature's miracle inc. logo

Press Release – New York, NY – November 14, 2024 – Sichenzia Ross Ference Carmel LLP announced today that it represented Nature’s Miracle Holding Inc. (Nasdaq: NMHI; NMHIW), a leader in vertical farming technology and infrastructure, in approximately $3 million public offering of (a) 25,133,631 units (the “Units”), with each Unit consisting of (i) one share of common stock, par value $0.0001 per share (the “Common Stock”), (ii) one Series A Warrant to purchase one share of Common Stock (the “Series A Warrant”), and (iii) one Series B Warrant to purchase such number of shares of Common Stock as determined on the Reset Date (as defined in the Series B Warrant) (the “Series B Warrant”), at a public offering price of $0.1118 per Unit and (b) 1,700,000 pre-funded units (the “Pre-Funded Units”), with each Pre-Funded Unit consisting of (i) one pre-funded warrant exercisable for one share of Common Stock, (ii) one Series A Warrant, and (iii) one Series B Warrant, at a public offering price of $0.1117 per Pre-Funded Unit, for the aggregate gross proceeds of approximately $3 million, prior to deducting underwriting discounts and other offering expenses.

Boral Capital LLC acted as the sole book running manager for the offering.

The Sichenzia Ross Ference Carmel LLP team was led by partners Huan Lou, David Manno,  and Jeffrey Cahlon, and associate Ronghong Dai.