Farmmi, Inc. ("Farmmi" or the "Company") (Nasdaq: FAMI) today announced that the Company has signed an acquisition framework agreement with the shareholders of FOUR SEASONS HOLDING GROUP BRAZIL LTDA. (the "Target Company") for the purpose of acquiring 100% of the equity interests in the Target Company. The proposed transaction is intended to further expand the Company's business presence in the agricultural supply chain sector in Brazil and globally.

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