Agroz Inc. Successfully Completes Initial Public Offering on NASDAQ

Agroz Inc. Completes Initial Public Offering on NASDAQ

On October 2, 2025, Agroz Inc. (NASDAQ: AGRZ) announced the successful closing of its Initial Public Offering (IPO). This innovative agricultural technology company, known for its sustainable farming practices and controlled environment agriculture (CEA), offered 1,250,000 ordinary shares at a public offering price of $4.00 per share. Following the IPO, Agroz's shares began trading on the Nasdaq Capital Market on October 1, 2025, under the ticker AGRZ.

Key Highlights of the IPO

The IPO raised approximately $5 million in gross proceeds before accounting for underwriting discounts and offering expenses. Additionally, Agroz has granted underwriters a 45-day option to purchase an extra 187,500 ordinary shares at the initial offering price. This is a significant milestone for the company, reflecting the market's confidence in Agroz’s innovative agricultural model.

The funds raised from the IPO will be allocated towards various initiatives including capital expenditures, operational costs, research and development, marketing, and potential acquisitions, though specific acquisition targets have yet to be identified.

The Role of Underwriters

US Tiger Securities, Inc. served as the sole book runner for the offering, while Sichenzia Ross Ference Carmel LLP and Greenberg Traurig, LLP provided legal counsel for the company and the underwriters, respectively. The offering was declared effective by the U.S. Securities and Exchange Commission (SEC) on September 17, 2025.

About Agroz Inc.

Agroz Inc. is at the forefront of agricultural technology, specializing in the design, construction, management, and operation of indoor vertical farms. The company’s mission is to deliver fresh and nutritious vegetables, grown without pesticides, directly to consumers and local businesses. This farm-to-table approach not only enhances food quality but also promotes awareness about sustainable farming practices.

One of Agroz's competitive advantages is its proprietary Agroz OS system. This integrated platform comprises digitally automated hardware and software solutions that facilitate effective management of vertical farm operations. By ensuring optimal growth conditions and streamlining communication processes, Agroz allows for a significant reduction in resource wastage and an increase in productivity.

Future Prospects

Agroz aims to leverage the capital raised from the IPO to bolster its growth trajectory in the competitive agricultural sector. The funds will support ongoing innovation and expansion initiatives, positioning the company for sustainable success in the rapidly evolving market for agricultural technology.

Though the company has laid ambitious plans for its future, it cautions investors with a note on forward-looking statements, emphasizing that actual results may vary from projections due to various factors. As Agroz continues to navigate this dynamic landscape, stakeholders can expect ongoing updates on its strategic moves and industry impacts.

In conclusion, Agroz Inc.'s successful IPO marks an important chapter in its journey towards revolutionizing agricultural practices while ensuring food security and sustainability for future generations. With a strong focus on innovation and community education, the company is well-positioned to lead in vertical farming technology and contribute to a healthier, sustainable food ecosystem.