Sichenzia Ross Ference LLP Represents Aegis Capital in $7.4 Million Underwritten Public Offering of Farmmi, Inc.

Press Release – New York, NY – March 24, 2021 – Sichenzia Ross Ference LLP announced today that it represented Aegis Capital Corp. as sole book runner in the underwritten public offering of 6,469,467 ordinary shares, of Farmmi, Inc. (NASDAQ: FAMI), a leading agricultural products supplier, processor and retailer of Shiitake mushrooms and other edible fungi, at a price to the public of $1.15 per share for gross proceeds of $7.4 million. FAMI has granted the underwriter an option to purchase an additional 15 percent of the ordinary shares offered in the public offering solely to cover over-allotments, if any, exercisable for 25 days, after the closing of this offering, which would bring total gross proceeds to approximately $8.6 million.

The ordinary shares are being offered by FAMI, pursuant to an effective shelf registration statement on Form F-3 (No. 333-254036) previously filed with the U.S. Securities and Exchange Commission and declared effective by the SEC on March 16, 2021.

The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Darrin M. Ocasio, Jay Yamamoto, Huan Lou and law clerk Zachary Weiss.

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Sichenzia Ross Ference Carmel LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry. In addition to handling routine to complex commercial matters, SRFC’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations. The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation. Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies. The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA). These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct. Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records. The firm complements its core practice areas with an established commercial real estate and trusts and estates practice.

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Sichenzia Ross Ference LLP Represents Aegis Capital in $7.4 Million Underwritten Public Offering of Farmmi, Inc.

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