Technology-driven plant nutrition company RLF AgTech’s Public Offer has opened to interested investors with the company looking to raise up to $10 million before costs offering up to 50,000,000 shares an issue price of $0.20 per share.
The ag-tech company combines plant science with advanced chemistry and manufacturing processes to produce high-quality plant nutrition produces for commercial agriculture. RLF’s Plant Proton Delivery Technology enables farmers to grow higher-yielding, better quality, and more nutritious produce.
The IPO is being handled by Discovery Capital Partners who are Lead Manager for the listing.
The public offer is open from 28 February til 3 March, with shares expected to commence trading under the code ‘RLF’ on or before 5 April 2022.
RLF Managing Director Ken Hancock said: “We are delighted to be able to open our Offer to investors, the proceeds of which will help us continue to expand our team and to market our PDD Tech based products. RLF is one of the leaders in the technological revolution happening in agriculture and we are committed to helping farmers. I’d like to thank all of our investors for the support we have received and I look forward to welcoming our new investors.”
Interested investors can view the prospectus here.
