Deal Flow
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Transaction tear sheetData as of Nov 7, 2026
M&A · Industrials · Agricultural Services

Nature's Miracle Holding Inc. to acquire Agrify Corp

Announced Apr 22, 2024 · Terminated May 20, 2024

Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock

Transaction

Acquirer
Nature's Miracle Holding Inc. (NMHI)
Target
Agrify Corp (RYM)
Buyer type
Strategic
Offer price per share
—
Enterprise value
—
Status
Terminated May 20, 2024

Deal protections

Not yet read from the merger agreement.

Advisors

To the acquirer
Not disclosed
To the target
Not disclosed

Sector context · Industrials

Comparable deals
81 in the prior 24 months
Premium
Sector median 41.0%
EV / Adj. EBITDA
Sector median 11.5x
Break fee
Sector median 2.8%

Timeline

  1. AnnouncedApr 22, 2024
  2. TerminatedMay 20, 2024
Sources
  • 8-K · Apr 22, 2024
  • 8-K · May 16, 2024

Adj. EBITDA is operating income + D&A + impairment, restructuring, deal costs and stock compensation, less any large gain on a sale, last twelve months, from the target's filings. Calculated by Castle, so it can differ from a bank's adjusted figure.

Prepared with Castle from public SEC EDGAR filings. Figures are extracted automatically; verify against the source documents. Not investment advice.