Nature's Miracle Holding announces up to $20M in financing

Nature's Miracle Holding has made a deal with GHS Investments LLC to raise money by selling shares.

According to this deal, Nature's Miracle can ask GHS to invest up to $20 million to buy the company's common stock. This can happen over a period of 24 months, starting right after a registration statement is filed with the Securities and Exchange Commission (SEC). The details of how this will work are outlined in the agreement.

As part of the deal, Nature's Miracle has already given GHS 1,503,759 shares of common stock. Additionally, GHS has invested $250,000 in the company's Series A preferred stock, which can be converted into common stock at a rate of $0.112 per share. Nature's Miracle plans to file a registration statement to officially register all these securities and will also file a form 8-K to provide more details about these transactions.