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Farmmi, Inc.Bullish
Farmmi, Inc. reported a 60.4% year-over-year decline in revenue to $6.4 million for the first half of fiscal year 2026, resulting in a net loss of $37.6 million. The company recognized a $31.7 million allowance for credit losses on supplier advances and a $7 million impairment loss on long-term investments following its strategic decision to exit certain operations in the PRC. With a cash balance of only $0.2 million as of March 31, 2026, there is substantial doubt regarding the company's ability to continue as a going concern.…more
Farmmi, Inc.
A SCHEDULE 13G/A filing has been submitted for Farmmi, Inc. S.H.N. Financial Investments Ltd. reported its beneficial ownership status in the company, reflecting changes in the existing shareholding structure.…more
Farmmi, Inc.
Farmmi received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its closing share price remained below $1.00 for 30 consecutive business days, requiring remediation by February 8, 2027. Additionally, the company entered into an exchange agreement with Atlas Sciences on August 11, 2026, issuing 1,581,027 Class A ordinary shares to satisfy a $200,000 promissory note.…more
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