UPLAND,
Calif., April 9, 2024 /PRNewswire/
-- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's
Miracle" or the "Company"), a leader in vertical farming technology
and infrastructure, has engaged international investor relations
specialists MZ Group (MZ) to lead a comprehensive strategic
investor relations and financial communications program.
The engagement follows the Company's recently completed Nasdaq
listing via business combination with Lakeshore Acquisition II
Corp., a special purpose acquisition company. Nature's Miracle
commenced trading on March 12,
2024.
MZ Group will work closely with Nature's Miracle's seasoned
public company management team to develop and implement a
comprehensive capital markets strategy designed to increase the
company's visibility throughout the investment community. The
campaign will highlight Nature's Miracle as a one-stop provider of
equipment and services to Controlled Environment Agriculture
("CEA") customers in North
America, which includes the vertical farming sector and the
indoor cultivation of an ever-increasing range of specialty crops
for a range of applications from food to health.
MZ has developed a distinguished reputation as a premier
resource for institutional investors, brokers, analysts, and
private investors and maintains offices worldwide. Shannon Devine, Managing Director at MZ North
America, and Rory Rumore, Director,
will advise the Nature's Miracle team in all facets of investor
relations including, but not limited to, the coordination of
roadshows and investment conferences across key cities,
articulating the Company's investment story and building brand
awareness with financial and social media outlets.
Shannon Devine commented: "As the
Company makes its public Company debut, we look forward to
partnering with the senior leadership team during this pivotal
time. We continue to see positive momentum for the CEA industry,
which brings agriculture inside with a technology-based approach
towards cultivating crops under optimal growing conditions.
Compared to traditional farming, CEA requires 90% less water and
yields up to 30x more over the same land area. Indoor approaches to
agriculture are becoming increasingly important due to global water
shortages, high energy costs and geopolitical conflicts. CEA is
also expanding due to growing consumer demand for
low-environmental-impact food, local food systems, and improved
accessibility to high-quality produce with a shorter supply chain.
Maximize Market Research recently reported that the global
commercial greenhouse market was valued at $50 billion in 2021 and projected to reach
$76 billion by 2030. Taken together,
this creates an exciting opportunity, and we look forward to
sharing Nature's Miracle with our network of institutional, family
offices and retail investors."
Rory Rumore added: "Nature's
Miracle is addressing today's agricultural challenges with an
integrated approach to products and solutions for the CEA market.
The Company's indoor farming and cultivation solution set includes
horticultural LED lighting, irrigation systems, power distribution
systems, environmental control systems, materials and equipment,
containerized mobile growth systems, grow media consumables,
fertilizers and disinfectants. The company harnesses cutting-edge
technology and an efficient low-cost manufacturing option to design
and build scalable container and vertical farms and micro module
plant factories. These systems significantly benefit the Company's
customer base by reducing initial investment costs and are designed
for efficiency through its all-in-one platforms for growers."
"Nature's Miracle offers innovative products and technologies
that deliver sustainable, high-yield farming solutions in both
urban and traditional agricultural settings," said James Li, Chairman and Chief Executive Officer
of Nature's Miracle. "We are strategically growing our footprint
across the North American market with innovative products and
solutions for indoor, greenhouse, hydroponic and vertical growers
that will drive the next agricultural revolution. 2024 has been a
milestone year, with our recent entrance to the public markets and
growing the number of CEA customers. We are encouraged by the
visibility of our efficient solutions since we've entered the
public markets and are focused on ramping sales of our products and
services organically while remaining selective to adjacent
acquisition opportunities. We look forward to working with Shannon,
Rory and the entire team at MZ Group to communicate our business
milestones going forward," concluded Li.
For more information on Nature's Miracle, please visit
www.nature-miracle.com. To schedule a conference call with
management, please email your request to NMHI@mzgroup.us or call
Shannon Devine at 203-741-8811.
About MZ
MZ North America is the US division of MZ Group, a global
investor relations leader with over 250 employees and 800 clients
across 12 different exchanges. For over 25 years, MZ has
implemented award winning investor relations programs and developed
a reputation for delivering tangible, measured results via its
robust suite of services. MZ's one-stop-shop platform serves
management teams at public and private companies, including SPACs
and IPOs. The platform leverages strategic financial
communications, industry-leading investment community outreach,
public relations, financial media, ESG consulting and software, a
market intelligence desk, and technology solutions spanning
investor relations websites, conference call/webcasting, video
production and XBRL/Edgar filing services. MZ maintains a global
footprint with professionals located throughout every time zone in
North America, and in Taipei and São Paulo. MZ's growth continues to
accelerate with innovative products and services for its client
base of high-quality companies. For more information, please visit
www.mzgroup.us.
About Nature's Miracle Holding Inc.
Nature's Miracle is an integrated agriculture technology company
providing equipment and services to the Controlled Environment
Agriculture industry. Through its two wholly-owned subsidiaries
Visiontech Group, Inc. and Hydroman, Inc., the company offers
products including horticultural lighting, irrigation systems,
power distribution systems, materials and equipment to indoor,
greenhouse, hydroponic and vertical growers. Nature's Miracle has
also developed cost-effective solutions for greenhouse systems,
automated vertical farming, and modular container grow systems.
Nature's Miracle founder James Li
who led the launch, operation and successful $500 million sale of China Hydroelectric
Corporation (NYSE: CHC), and Director Jonathan Zhang, built EfinityUSA, a
well-recognized and respected brand in the indoor farming and
controlled environment field. For more information please visit
www.Nature-Miracle.com.
Forward-Looking Statements
Except for historical information contained herein, this press
release contains certain "forward-looking statements" within the
meaning of the federal U.S. securities laws with respect to the MOU
and business of Nature's Miracle; other future references such as
the anticipated synergies resulting from the transactions
contemplated by the MOU, the services and markets of Nature's
Miracle, our expectations regarding future growth, results of
operations, performance, future capital and other expenditures,
competitive advantages, business prospects and opportunities,
future plans and intentions, results, level of activities,
performance, goals or achievements or other future events. These
forward-looking statements generally are identified by words such
as "anticipate," "believe," "expect," "may," "could," "will,"
"potential," "intend," "estimate," "should," "plan," "predict," or
the negative or other variations of such statements, reflect our
management's current beliefs and assumptions and are based on the
information currently available to our management. Forward-looking
statements are predictions, projections and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to risks and
uncertainties. Many factors could cause actual results or
developments to differ materially from those expressed or implied
by such forward-looking statements, including but not limited to:
(i) the risk that the business and revenue prospects of Nature's
Miracle may not materialize which may adversely affect the price of
Nature's Miracle's securities; (ii) the occurrence of any
unforeseen event that would impact continued listing of Nature's
Miracle's securities on the Nasdaq exchange; (iii) changes in the
competitive industries in which Nature's Miracle operates,
variations in operating performance across competitors, changes in
laws and regulations affecting Nature's Miracle's business and
changes in the combined capital structure; (iv) the ability to
implement business plans, forecasts and other expectations after
the completion of the proposed transactions contemplated by the
MOU; (v) the risk of downturns in the market and Nature's Miracle's
industry including, but not limited to market prices of indoor
grower's produce, transportation costs, competition with outdoor
growers and demand in the consumer marketplace. For additional
details on the uncertainties that may cause our actual results to
be materially different than those expressed in our forward-looking
statements, please review our prospectus/proxy statement included
in our Registration Statement on Form S-4 on file with the
Securities and Exchange Commission at www.sec.gov, particularly the
information contained in the section entitled "Risk Factors."
Forward-looking statements speak only as of the date on which they
are made, and neither Nature's Miracle assume any obligation to
update or revise any forward-looking statements or other
information contained herein, whether as a result of new
information, future events or otherwise. You are cautioned not to
put undue reliance on these forward-looking statements. Nature's
Miracle does not give any assurance that the Company will achieve
its expectations.
Company Contact
George
Yutuc
Chief Financial Officer
George.yutuc@nature-miracle.com
Investor Relations Contact
Shannon Devine/Rory
Rumore
MZ North America
Main: 203-741-8811
NMHI@mzgroup.us
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SOURCE Nature's Miracle Holding Inc.
