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Agroz Inc. (AGRZ) completed its initial public offering of 1.25 million ordinary shares at $4.00 per share, the agricultural technology company announced. The company’s shares began trading on the Nasdaq Capital Market on October 1, 2025.
The offering generated approximately $5 million in gross proceeds before underwriting discounts and expenses. Agroz granted underwriters a 45-day option to purchase up to 187,500 additional shares at the offering price, less underwriting discounts.
The company plans to use net proceeds for capital expenditures, operating expenses, research and development, marketing, and potential acquisitions. No specific acquisition targets have been identified.
Agroz operates as a vertically integrated agricultural technology company that designs, builds, manages and operates indoor controlled environment agriculture vertical farms. The company grows pesticide-free vegetables for consumers and businesses while using its proprietary Agroz OS system for farm management.
US Tiger Securities Inc. served as sole book runner for the offering. Sichenzia Ross Ference Carmel LLP acted as U.S. legal counsel to Agroz, while Greenberg Traurig LLP represented US Tiger.
The Securities and Exchange Commission declared the company’s Form F-1 registration statement effective on September 17, 2025. The offering information is based on the company’s press release statement.