AgriFORCE Growing Systems Ltd. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
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FORWARD-LOOKING STATEMENTS
This Form 8-K and other reports filed by Registrant from time to time with the Securities and Exchange Commission (collectively, the “Filings”) contain or may contain forward-looking statements and information that are based upon beliefs of, and information currently available to, Registrant’s management as well as estimates and assumptions made by Registrant’s management. When used in the Filings the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan” or the negative of these terms and similar expressions as they relate to Registrant or Registrant’s management identify forward-looking statements. Such statements reflect the current view of Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Registrant’s industry, Registrant’s operations and results of operations and any businesses that may be acquired by Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Although Registrant believes that the expectations reflected in the forward-looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, Registrant does not intend to update any of the forward-looking statements to conform these statements to actual results.
Item 5.07 Submission of Matters to a Vote of Securityholders
On June 6, 2025, AgriForce Growing Systems, Ltd. (the “Company”), held a special meeting of stockholders (the “Meeting”). The Inspector of Elections determined that there were 1,405,374 represented of the 2,520,646 common shares of the Company at the meeting amounting to 55.75 % of voting shares. At the Meeting, the Company’s stockholders approved the following proposals:
1. APPROVAL OF THE DEBT FINANCING AND ISSUANCE OF SHARES PURSUANT TO THE COMPANY’S JANUARY 2025 DEBT FINANCING.
| For | Against | Abstain | Broker Non-Vote | |||
| 484,470 | 106,414 | 163,909 | 650,581 |
2. APPROVAL OF REVERSE STOCK SPLIT IN THE RANGE OF 1:15 TO 1:100
| For | Against | Abstain | ||
| 1,120,370 | 277,258 | 7,746 |
3. INCREASE IN NUMBER OF SHARES UNDER THE 2024 EQUITY INCENTIVE PLAN TO 3 MILLION.
| For | Against | Abstain | Broker Non-Vote | |||
| 471,039 | 113,547 | 170,207 | 650,581 |
Item 9.01 Exhibit
| Item 104 | Inline XBRL |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Date: June 6, 2025 | ||
| AGRIFORCE GROWING SYSTEMS, LTD. | ||
| By: | /s/ Jolie Kahn | |
| Name: | Jolie Kahn, CEO | |