- AgriFORCE Growing Systems Ltd. (AGRI) announced it will be renamed **AVAX One** and plans to launch as the first NASDAQ-listed company with a dedicated strategy to maximize ownership of **AVAX**, the native token of the Avalanche network.  **[1826397_0001493152-25-014385_ex99-1.htm:0]** 
- The company aims to raise approximately **$550 million**, which includes a successfully raised approximately **$300 million PIPE** (subject to shareholder approval), with the goal of owning more than **$700 million** worth of AVAX tokens.  **[1826397_0001493152-25-014385_ex99-1.htm:0]** 
- **Hivemind Capital Partners, LLC** will serve as the Asset Manager for the company's digital asset strategy, managing proceeds from the PIPE Financing and any other funds raised or allocated for this purpose.  **[1826397_0001493152-25-014385_ex10-3.htm:0]** 
- While **Jolie Kahn** will continue as Chief Executive Officer and **Chris Polimeni** as Chief Financial Officer, most current directors will be replaced upon the closing of the offering.  **[1826397_0001493152-25-014385_form8-k.htm:2]**  The company also intends to continue its Bitcoin mining business.  **[1826397_0001493152-25-014385_form8-k.htm:2]**

AgriFORCE Growing Systems to Relaunch as AVAX One with a $550 Million Capital Raise and Avalanche Focus

- **AgriFORCE Growing Systems Ltd. (Nasdaq: AGRI)** will be renamed **AVAX One** and plans to become the first NASDAQ-listed company with a dedicated strategy to maximize ownership of **AVAX**, the native token of the Avalanche network.  **[1826397_20250922NY79629:0]** 
- The company aims to raise approximately **$550 million** through a capital raise strategy, which includes a **$300 million PIPE** (subject to shareholder approval) and up to an additional **$250 million** from equity-linked instruments.  **[1826397_20250922NY79629:0]** 
- The goal of this capital raise is to own more than **$700 million** worth of AVAX tokens.  **[1826397_20250922NY79629:0]** 
- **AVAX One** will continue to operate its existing AgriFORCE business, which focuses on digital infrastructure and clean power through its TerraHash Digital™ division.  **[1826397_20250922NY79629:1]**

AGRIFORCE GROWING SYSTEMS (AGRI)