Big Lake Capital's Note Conversion Boosts Nature's Miracle Holdings With Common Stock Acquisition

Big Lake Capital's Major Move: A Remarkable Note Conversion



In a significant financial maneuver, Nature's Miracle Holding Inc. (NMHI), renowned for its innovative vertical farming technology, announced that Big Lake Capital, LLC, under the leadership of CEO Tie "James" Li, has successfully converted a convertible promissory note worth $671,984 into shares of common stock.

Specifically, the conversion has resulted in the issuance of approximately 3,425,706 shares at a conversion price of $0.1980, aligning with the terms laid out in the convertible promissory note signed on April 11, 2025. This strategic action not only strengthens the financial foundation of Nature's Miracle but also enhances Big Lake Capital’s investment in the burgeoning sector of controlled environment agriculture.

The initial funding agreement between Big Lake Capital and Nature's Miracle encompasses a broader commitment of up to $2,000,000, with the first tranche of $600,000 already funded. This funding arrangement mandates a 10% interest payment monthly and spans a term of one year. Of note, Big Lake Capital retains the option to convert any additional amounts funded, along with accrued interests, into common stock at a specified conversion rate, reinforcing a promising partnership for project expansion and sustainability in agriculture technology.

Following the successful conversion, Nature's Miracle no longer holds outstanding obligations under the note, paving the way for further capital infusion of up to $1,342,428 under the same agreement. This ability to raise additional funds signifies a robust pathway for company growth and operational scalability.

Nature's Miracle has established itself as a vital player in the agriculture technology space, dedicated to providing products and services that cater to the controlled environment agriculture industry across the United States. As a publicly traded entity, its shares are available on the OTCQB market under the ticker symbol "NMHI," offering investors a glimpse into the company's forward-thinking strategies and growth potential.

The implications of this move are vast, demonstrating not only Big Lake Capital’s confidence in Nature's Miracle’s business model but also the potential for innovative agricultural practices to take center stage amidst rising global food demands. Companies like Nature's Miracle are positioned at the forefront of agricultural technology, employing sustainable practices essential for addressing the challenges posed by climate change and conventional farming methods.

In conclusion, Big Lake Capital's conversion of its note into NMHI common stock signifies a strategic investment both for business growth and for an innovative partnership that holds potential for reshaping the agricultural landscape. Stakeholders and market watchers will undoubtedly be keen to observe how these developments translate into tangible outcomes for both Big Lake Capital and Nature's Miracle in the coming months and years ahead.

Topics Consumer Products & Retail)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.