ENGLEWOOD CLIFFS, N.J., Jan. 21, 2026 /PRNewswire/ — PFG Holding Corporation is excited to announce that it was the successful bidder in the foreclosure auctionENGLEWOOD CLIFFS, N.J., Jan. 21, 2026 /PRNewswire/ — PFG Holding Corporation is excited to announce that it was the successful bidder in the foreclosure auction

PFG Holding Corp to Acquire the Assets of Pro Farm Group Inc.

ENGLEWOOD CLIFFS, N.J., Jan. 21, 2026 /PRNewswire/ — PFG Holding Corporation is excited to announce that it was the successful bidder in the foreclosure auction for the assets of Pro Farm Group, Inc. held on January 20th, 2026. The transaction is due to close on February 18th, 2026.

Importantly, PFG Holding Corporation does not expect this transaction to affect employees’ day-to-day roles or employment status. The new owners also intend to honor Pro Farm’s existing commercial contracts and continue operating the business in the ordinary course.

“We are excited to be the new owners of Pro Farm and to support the company as it enters a new chapter of continuity, stability, and growth,” said Noah Kolatch, Principal at Jasper Lake Ventures One LLC, the majority shareholder of PFG Holding Corporation. “We believe in Pro Farm’s potential as a fully integrated innovation and commercial leader in biologicals serving growers globally. Our immediate priority is continuity—maintaining service levels for customers, being a reliable partner to suppliers, and supporting and retaining the talented people who make Pro Farm successful. Following the closing, the business is expected to have a simplified capital structure, and we intend to invest additional resources to support the team, ensure a smooth transition, and build on Pro Farm’s strong foundation.”

About PFG Holding Corporation

PFG Holding Corporation is owned by a group of long-term investors with deep experience in agriculture and specialty inputs. The ownership group is committed to providing stability and capital to support Pro Farm’s employees and customers and to invest in the company’s long-term growth.

https://profarmgroup.com/

Contact:

Noah Kolatch

info@jasperlp.com

Photo: https://mma.prnewswire.com/media/2866384/PFG_Holding_Corp.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pfg-holding-corp-to-acquire-the-assets-of-pro-farm-group-inc-302666743.html

SOURCE PFG Holding Corp

Market Opportunity
Harvest Finance Logo
Harvest Finance Price(FARM)
$15.63
$15.63$15.63
-2.06%
USD
Harvest Finance (FARM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

US regulators move toward unified crypto oversight as sec project crypto gains CFTC support

US regulators move toward unified crypto oversight as sec project crypto gains CFTC support

SEC PROJECT CRYPTO signals a shift as US regulators align SEC and CFTC oversight toward clearer rules for digital assets and markets.
Share
The Cryptonomist2026/01/30 19:21
SoFi Stock Jumps as Fintech Tops $1 Billion in Quarterly Revenue for First Time

SoFi Stock Jumps as Fintech Tops $1 Billion in Quarterly Revenue for First Time

TLDR SoFi Technologies reported fourth-quarter revenue of $1.01 billion, up 37% year-over-year, marking the first time quarterly revenue exceeded $1 billion The
Share
Blockonomi2026/01/30 21:23
Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

The post Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Forward Industries, the largest publicly traded Solana treasury company, has filed a $4 billion at-the-market (ATM) equity offering program with the U.S. SEC  to raise more capital for additional SOL accumulation. Forward Strategies Doubles Down On Solana Strategy In a Wednesday press release, Forward Industries revealed that the 4 billion ATM equity offering program will allow the company to issue and sell common stock via Cantor Fitzgerald under a sales agreement dated Sept. 16, 2025. Forward said proceeds will go toward “general corporate purposes,” including the pursuit of its Solana balance sheet and purchases of income-generating assets. The sales of the shares are covered by an automatic shelf registration statement filed with the US Securities and Exchange Commission that is already effective – meaning the shares will be tradable once they’re sold. An automatic shelf registration allows certain publicly listed companies to raise capital with flexibility swiftly.  Kyle Samani, Forward’s chairman, astutely described the ATM offering as “a flexible and efficient mechanism” to raise and deploy capital for the company’s Solana strategy and bolster its balance sheet.  Advertisement &nbsp Though the maximum amount is listed as $4 billion, the firm indicated that sales may or may not occur depending on existing market conditions. “The ATM Program enhances our ability to continue scaling that position, strengthen our balance sheet, and pursue growth initiatives in alignment with our long-term vision,” Samani said. Forward Industries kicked off its Solana treasury strategy on Sept. 8. The Wednesday S-3 form follows Forward’s $1.65 billion private investment in public equity that closed last week, led by crypto heavyweights like Galaxy Digital, Jump Crypto, and Multicoin Capital. The company started deploying that capital this week, announcing it snatched up 6.8 million SOL for approximately $1.58 billion at an average price of $232…
Share
BitcoinEthereumNews2025/09/18 03:42