Agriforce growing systems provides update on acquisition of delphy, a leading european agriculture/horticulture and agtech consulting firm

Vancouver, british columbia, may 12, 2022 (globe newswire) -- agriforce growing systems ltd. (“the company") (nasdaq: agri; agriw), an ip-focused agtech company dedicated to advancing sustainable cultivation and crop processing across multiple verticals, today announced that following the recent definitive agreement to acquire delphy groep bv (delphy), a netherlands-based agtech consultancy firm, the parties have mutually agreed to extend the closing date until the end of july 2022, in order to allow both parties more time to complete certain closing conditions, including finalization of the delphy audit. agriforce and delphy remain fully committed to the transaction.
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