RSLGH, LLC - 25 Aug 2025 Form 4 Insider Report for Agrify Corp (AGFY)

Reporting relationship: 10%+ Owner
Issuer ticker: AGFY
Reported as of: 25 Aug 2025
Net transaction value: +$68,702,310,000,000
SEC form: 4
Accepted by SEC: 27 Aug 2025, 17:00:04 UTC
Prior SEC filing: 29 May 2025
Next SEC filing: 03 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Bret Kravitz, Corporate Secretary, on behalf of RSLGH, LLC

Key filing fact

RSLGH, LLC filed Form 4 for Agrify Corp (AGFY) on 27 Aug 2025.

Key facts

This page summarizes RSLGH, LLC's Form 4 filing for Agrify Corp (AGFY).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 27 Aug 2025, 17:00.

Change

Previous filing in this sequence was filed on 29 May 2025.
Current net transaction value: +$68,702,310,000,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0002043397 Primary reporting owner

RSLGH, LLC

Relationship: 10%+ Owner
Address: 325 WEST HURON STREET,, SUITE 700, CHICAGO
Signature: /s/ Bret Kravitz, Corporate Secretary, on behalf of RSLGH, LLC
Signature date: 27 Aug 2025

CIK 0001795139

Green Thumb Industries Inc.

Relationship: 10%+ Owner
Address: 325 WEST HURON STREET, SUITE 700, CHICAGO
Signature: /s/ Bret Kravitz, Corporate Secretary, on behalf of Green Thumb Industries Inc.
Signature date: 27 Aug 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AGFY transaction Derivative

Secured Convertible Note

Other

Transaction value: $68,702,310,000,000
Shares: +1,526,718
Change %
Price: $45000000.00
Shares after: $45,000,000
Date: 25 Aug 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,526,718
Exercise price: $29.48
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On 8/25/2025, the Issuer issued a Secured Convertible Note (the "Note") to RSLGH, LLC (the "Investor") with an original principal amount of $45 million. The Note bears interest at 10% per annum, which may be payable in cash, common stock or pre-funded warrants with an exercise price of $0.001 per share. The Note is secured by the Issuer's assets and ranks senior to all other indebtedness except that the Note ranks on parity with the Secured Convertible Note issued to the Investor on November 5, 2024 and the Secured Convertible Notes issued on May 22, 2025. The Note may be converted into Common Stock at a conversion price of $29.475 per share or, at the election of the holder, into pre-funded warrants at a conversion price of $29.474 per share, subject to certain conditions. The Note includes a beneficial ownership limitation of 49.99% with respect to the Investor and exercise is subject to stockholder approval under applicable Nasdaq listing rules, to the extent required.

Footnote F2

The Investor is the direct beneficial owner of the Note. The Investor is an indirectly wholly-owned subsidiary of Green Thumb Industries Inc. ("Green Thumb"). Green Thumb is the sole shareholder of GTI23, Inc., which is the sole member of VCP23, LLC, which is the sole shareholder of For Success Holdings Company. For Success Holdings Company is the sole member of Wellness Mgmt, LLC, which is the sole member of Investor.