ONTARIO, Calif., Jan. 14, 2025 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced that on January 13, 2025, the Company received written notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Nasdaq Hearings Panel has determined to delist the Company's common stock and warrants from Nasdaq due to the Company's failure to comply with minimum shareholder's equity requirement under Nasdaq Listing Rule 5550(b)(1). The Notice indicated that trading in the Company's common stock and warrants will be suspended on Nasdaq, effective at the open of business on January 15, 2025.

ONTARIO, Calif., Jan. 13, 2025 /PRNewswire/ -- Nature's Miracle Holding, Inc. (Nasdaq: NMHI) ("Nature's Miracle"), a growing agriculture technology company providing equipment and services to growers,  announced that it entered into a Securities Purchase Agreement ("SPA") with a single institutional investor ("Investor") on January 10, 2025. The SPA allows Nature's Miracle, subject to customary conditions, to sell up to $29.7 million in the aggregate of a newly-designated class of convertible preferred stock to the Investor. 

ONTARIO, Calif., Dec. 16, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, announced today that the Company, through its wholly owned subsidiary NM Data Inc., has entered into a Stock Purchase Agreement dated December 14, 2024 (the "Agreement"), to acquire a 90% equity interest in J&Y Marigold Ltd. ("J&Y Marigold"), a Toronto-based company currently developing a Bitcoin mining facility with anticipated power load of 14 megawatts ("MW"). The acquisition demonstrates Nature's Miracle's ambition to diversify its portfolio by venturing into emerging, high-growth industries. By securing a controlling stake in J&Y Marigold, the Company aims to further strengthen its Bitcoin mining capacity and position itself at the forefront of the cryptocurrency revolution, aligning its business model with cutting-edge technologies that are shaping the future of global finance.

ONTARIO, Calif., Dec. 3, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, announced today that Daphne Y. Huang has been appointed Chief Financial Officer and George Yutuc, has stepped down from serving as Chief Financial Officer (CFO) and will now serve as the Company's Chief Operating Officer (COO). These strategic leadership appointments aim to advance the Company's long-term growth strategy and enhance operational efficiency.

Upon Completion of the Investment, this facility will have a 50MW capacity for Bitcoin Mining

ONTARIO, Calif., Nov. 25, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), announced today it has formed NM Data Inc., a Nevada Corporation and 100% subsidiary, to develop and acquire Bitcoin mining facilities. NM Data has signed an agreement to invest up to $3 million in Future Tech Incorporated ("Future Tech"), an Ohio-based company, to develop and build up to 50MW of Bitcoin mining and data center hosting facilities at Stryker, Ohio. With the $3 million investment, NM Data, Inc will own 51% of Future Tech, Inc.

ONTARIO, Calif., Nov. 20, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, announced today that the Company's management team and other debt holders have signed agreements to convert $2.0 million of debt to equity at a price of $0.088 per share, the closing price at the end of November 19, 2024.

To demonstrate alignment with shareholders, James Li, Chairman and CEO, is converting $577,000 of his personal loans into equity. Additionally, Jonathan Zhang, President, is converting the remaining outstanding trade payables due to Uninet Inc., a supplier to the Company, into equity.

ONTARIO, Calif., Nov. 19, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced that on November 21, 2024, effective at 12:01 a.m. Eastern Time, it will effectuate a 1-for-30 reverse split of its common stock. The Company's common stock will begin trading on a split-adjusted basis when the market opens on November 21, 2024, under its current trading symbol "NMHI". The new CUSIP number of the Company's common stock following the reverse stock split will be 63903P 209.

~ Revenue Growth of 13.5% to $3.1 Million from Q3 2023~

ONTARIO, Calif., Nov. 14, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced its financial results for the third quarter ended September 30, 2024.

Third Quarter 2024 Financial and Business Updates

Revenue for the third quarter of 2024 increased 13.5% to $3.1 million compared to $2.7 million in the same year ago period.Gross profit of $228,113 and $158,768 for the third quarter of 2024 and 2023, respectively.Gross margin expanded by 160 basis points to 7.5% from 5.9% in the third quarter of 2023.Net loss of $2.8 million as compared to net loss of $0.4 million in the third quarter of 2023.Adjusted EBITDA for the third quarter of 2024 was a loss of $1.1 million compared to a loss of $0.2 million in the same year ago period.Completed $2.1 million of debt reduction with forgiveness agreement from Uninet Global Inc. which improved its shareholder equity position.Delivered first shipment of Efinity brand dehumidifier product to Fiacre Inc., a major indoor grower in the San Francisco Bay Area.Received record $2.4 million purchase order of Efinity LED grow lights from a top indoor grower.Entered a sales order agreement with What Rebates for $5.1 million of grow light products for use by the U.S. energy rebate market that will contribute to 2024 full year revenue.Closed an underwritten public offering for gross proceeds of $1.2 million in July.

ONTARIO, Calif., Nov. 12, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), today closed its previously announced underwritten public offering of (a) 25,133,631 units (the "Units"), with each Unit consisting of (i) one share of common stock, par value $0.0001 per share (the "Common Stock"), (ii) one Series A Warrant to purchase one share of Common Stock (the "Series A Warrant"), and (iii) one Series B Warrant to purchase such number of shares of Common Stock as determined on the Reset Date (as defined in the Series B Warrant) (the "Series B Warrant"), at a public offering price of $0.1118 per Unit and (b) 1,700,000 pre-funded units (the "Pre-Funded Units"), with each Pre-Funded Unit consisting of (i) one pre-funded warrant exercisable for one share of Common Stock, (ii) one Series A Warrant, and (iii) one Series B Warrant, at a public offering price of $0.1117 per Pre-Funded Unit, for the aggregate gross proceeds of approximately $3 million, prior to deducting underwriting discounts and other offering expenses.

ONTARIO, Calif., Nov. 8, 2024 /PRNewswire/ -- Nature's Miracle Holdings Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced the pricing of a public offering of (a) 24,137,360 units (the "Units"), with each Unit consisting of (i) one share of common stock, par value $0.0001 per share (the "Common Stock"), (ii) one Series A Warrant to purchase one share of Common Stock (the "Series A Warrant"), and (iii) one Series B Warrant to purchase such number of shares of Common Stock as determined on the Reset Date (as defined in the Series B Warrant) (the "Series B Warrant"), at a public offering price of $0.1118 per Unit and (b) 2,696,271 pre-funded units (the "Pre-Funded Units"), with each Pre-Funded Unit consisting of (i) one pre-funded warrant exercisable for one share of Common Stock, (ii) one Series A Warrant, and (iii) one Series B Warrant, at a public offering price of $0.1117 per Pre-Funded Unit, for the aggregate gross proceeds of approximately $3 million, prior to deducting underwriting discounts and other offering expenses.

Subsidiary Hydroman, Inc. to Become Hydroman Electric Corporation to Align with New Business

ONTARIO, Calif., Nov. 7, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced that its 100% owned subsidiary Hydroman, Inc. will become Hydroman Electric Corporation ("Hydroman Electric").  In conjunction with this update, Hydroman Electric will launch a new business and strategic pivot focusing on marketing and distribution of electric-powered agriculture vehicles and commercial vehicles throughout the United States and South America. This development is accretive to the Company's previously announced agreement with Robostreet in which Nature's Miracle will order approximately 150 electric trucks and broader initiative to diversify its business in the electrification economy.

ONTARIO, Calif., Nov. 4, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced that Nature's Miracle and its 100% subsidiary Visiontech Group, Inc., will participate in the 13th Annual MJBizCon held at the Las Vegas Convention Center on December 3-6, 2024.

The Company will showcase its LED lighting, dehumidifier and other indoor growing technologies in the North Hall at Booth 35009. Throughout the event, the Nature's Miracle team will be available to discuss its various hardware and design components to build and operate greenhouse and indoor-growing spaces.  Parties interested in scheduling a meeting with management, please contact NMHI@mzgroup.us.

~ Nature's Miracle to Receive 150 LS 450 Electric Trucks from Robostreet; 40 Electric Trucks Expected Before End of 2024 ~

~  Electric Trucks will be Converted into Mobile Vertical Farms ~

~ Cost of E-Trucks Expected to be Subsidized by the State of California's Energy Incentive Program ~

ONTARIO, Calif., Oct. 28, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced it has entered into a Cooperation Agreement (the "Agreement") with Robostreet Inc. ("Robostreet") to order a total of 150 LS450 electric trucks from Robostreet. As part of the agreement, Robostreet will coordinate a third-party agency to assist Nature's Miracle in applying for California's incentive program to fund the purchase.

~ Launch of Rebate Division is Expected to Boost Sales and Margins as Program will Offset the Cost of LED Product Installation ~

ONTARIO, Calif., Oct. 24, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced it has launched a wholly owned subsidiary, NM Rebate Inc., to facilitate the Company's energy rebate financing segment.

Due to the Inflation Reduction Act, many utility companies offer rebates to commercial customers who upgrade to more energy efficient lighting, such as LED lights. These rebates can help offset the initial cost of installation and future electric bills. They can also apply to new construction and upgrades, and even LED replacements.