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Nature's Miracle Holding Inc. Announces $2.0 Million Debt to Equity Conversion by Management and Related Debt Holders
Nature's Miracle Holding (NASDAQ: NMHI) announced a $2.0 million debt-to-equity conversion agreement with management and debt holders at $0.088 per share. Chairman and CEO James Li is converting $577,000 of personal loans, while President Jonathan Zhang is converting outstanding trade payables from Uninet Inc. into equity. The conversion aims to reduce company debt and increase stockholder equity by $2.0 million, demonstrating management's commitment to the company's long-term development.
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