Filing Details

Accession Number:
0001213900-22-081793
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-21 16:30:13
Reporting Period:
2022-12-20
Accepted Time:
2022-12-21 16:30:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1800637 Agrify Corp AGFY Agricultural Services (700) 300943453
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1831402 Nobu Raymond Chang C/O Agrify Corporation
76 Treble Cove Road, Building 3
Billerica MA 01862
Ceo And Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-12-20 2,307,692 $0.65 2,361,538 No 4 P Indirect By RTC3 2020 Irrevocable Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By RTC3 2020 Irrevocable Family Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants (right to buy) Acquisiton 2022-12-20 4,615,384 $0.00 4,615,384 $0.65
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,615,384 No 4 P Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 12,955 Indirect By NXT3J Capital, LLC
Common Stock 1,500 Direct
Footnotes
  1. The reported securities were purchased by the reporting person for a combined purchase price of $0.65 per share of common stock and two warrants in connection with the issuer's underwritten public offering that closed on December 20, 2022.
  2. Held by RTC3 2020 Irrevocable Family Trust, of which the reporting person retains the authority to remove the independent trustee. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  3. NXT3J Capital, LLC is an entity controlled by the reporting person, and the reported securities may be deemed to be indirectly beneficially owned by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  4. Each warrant will be exercisable during the period beginning on the date when approval for such exercise is obtained from the issuer's stockholders and ending five years thereafter, at an exercise price of $0.65.