Farmmi announces exercise and closing of underwriter's over-allotment option

Lishui, china, april 13, 2021 /prnewswire/ -- farmmi, inc. ("farmmi" or the "company") (nasdaq: fami), an agriculture products supplier in china, today announced that the underwriter of its previously announced underwritten public offering has exercised, in full, its option to purchase an additional 970,419 ordinary shares at a price of $1.15 per ordinary share. total gross proceeds to the company from the offering, including the funds received from the prior closing and exercise of this option, are approximately $8.6 million, before deducting underwriting discounts, commissions and other offering expenses payable by the company.
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