Breaking News: (Nasdaq: NMHI) Nature's Miracle Announces Agreement with Traxon Technologies to Distribute OSRAM General Lighting Luminaires in the U.S

(Nasdaq: NMHI) Nature's Miracle Announces Agreement with Traxon Technologies to Distribute OSRAM General Lighting Luminaires in the U.S. Breaking NEWS!  (Nasdaq: NMHI) 10XProTrader Member, This is Kevin Vander with "10XProTrader" presenting another value proposition ripe for the taking. We are proud to deliver you your new breakout alert for the Thursday 6/6 trading session, [(Nasdaq: NMHI) Nature's Miracle Holding Inc.]( [Breaking NEWS!]( [Nature's Miracle Announces Agreement with Traxon Technologies to Distribute OSRAM General Lighting Luminaires in the U.S.]( ~ Granted U.S. Distributor Rights of OSRAM branded General Lighting Luminaires for Horticulture Applications ~ ~ Company Diversifies Lighting Portfolio with Premium Osram LED Luminaire Line to Complement EfinityUSA's Mid-Range LED Line ~ ~ Sales to Commence in Third Quarter of 2024 ~ ONTARIO, Calif., June 6, 2024 /PRNewswire/ -- Nature's Miracle Holdings Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced that it has signed a strategic agreement with Traxon Technologies Limited ("Traxon") to distribute OSRAM general lighting luminaires for horticulture lighting applications in the U.S. Traxon Technologies, together with its control brand, e:cue, is a global leader in solid state lighting and control systems providing complete, sustainable and intelligent lighting solutions. Prior to December 2022, Traxon was the LED lighting division under ams OSRAM, a global leader in innovative light and sensor solution more than 100 years of industry experience and Traxon is now a licensee of Osram general lighting products. With this agreement, Nature's Miracle will be the exclusive authorized distributor and seller of OSRAM General Lighting Luminaires for horticulture applications in the U.S., recognized for its innovative smart sensor technology and LED lighting that adapts to controlled environments to yield optimal crop growth combined with energy efficiency and cost savings. Nature's Miracle expects sales of this new line to begin in the third quarter of 2024. Under the Agreement, minimum sales are expected to be reach at least $8 million in 2026. Management Comments James Li, Chairman and Chief Executive Officer of Nature's Miracle, commented, "We are thrilled to partner with Traxon as the exclusive distributor of its industry leading Osram branded luminaires in the United States for horticulture lighting applications. Nature's Miracle is well-positioned as a leader in designing and sourcing products for controlled environments in the agriculture industry. The Osram General Lighting Luminaire line will be instrumental to achieve the scale and progress we seek in our objective of supplying innovative products that optimize the operational efficiency of vertical farms." Mr. Li continued, "The first half of 2024 has been a transitional period for Nature's Miracle as we entered the public markets at a challenging time for emerging growth companies. We are highly encouraged by today's agreement which expands our product offering, our largest revenue source, to further drive top line growth. Looking forward, Nature's Miracle's strategic focus will include sourcing additional distribution agreements, similar to today's announcement with Traxon, while we continue to make progress on the research and development of our MiracleTainer series container farm product and parallel offerings to create a robust portfolio of solutions that meet the needs of our enterprise customer's development of comprehensive vertical farms. With the addition of OSRAM luminaires as a catalyst, we are encouraged with the path forward for Nature's Miracle into the second half of 2024 as we continue to increase our market share of indoor farming." About Nature's Miracle Holdings Inc. Nature's Miracle ([www.Nature-Miracle.com]( is a growing agriculture technology company providing equipment and services to growers in the Controlled Environment Agriculture ("CEA") industry which also include vertical farming in North America. Nature's Miracle offers hardware to design, build and operate various indoor growing settings including greenhouse and indoor-growing spaces. Nature's Miracle, through its two wholly-owned subsidiaries (Visiontech Group, Inc. and Hydroman, Inc.), provides grow lights as well as other hydroponic products to hundreds of indoor growers in North America. Nature's Miracle has also developed a robust pipeline to build commercial-scale greenhouse in the U.S. and Canada to meet the growing needs of fresh and local vegetable products. Nature's Miracle has established its first manufacturing footprint in North America with its grow-light assembly plant in Manitoba, Canada and is expected to set up additional manufacturing/assembly facilities in North America. 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 proposed business combination between Lakeshore and Nature's Miracle, the benefits of the transaction, the amount of cash the transaction will provide Nature's Miracle, the anticipated timing of the transaction, 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 transaction may not be completed in a timely manner or at all, which may adversely affect the price of Lakeshore's securities; (ii) the risk that the transaction may not be completed by Lakeshore's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Lakeshore; (iii) the failure to satisfy the conditions to the consummation of the transaction, including the approval of the business combination agreement by the stockholders of Lakeshore, the satisfaction of the minimum cash amount following any redemptions by Lakeshore's public stockholders and the receipt of certain governmental and regulatory approvals; (iv) the lack of a third-party valuation in determining whether or not to pursue the proposed transaction; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement; (vi) the effect of the announcement or pendency of the transaction on Nature's Miracle's business relationships, operating results and business generally; (vii) risks that the proposed transaction disrupts current plans and operations of Nature's Miracle; (viii) the outcome of any legal proceedings that may be instituted against Nature's Miracle or Lakeshore related to the business combination agreement or the proposed transaction; (ix) the ability to maintain the listing of Lakeshore's securities on a national securities exchange; (x) 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; (xi) the ability to implement business plans, forecasts and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities; (xii) the risk of downturns in the market and Nature's Miracle's industry including, but not limited to, as a result of the COVID-19 pandemic; (xiii) costs related to the transaction and the failure to realize anticipated benefits of the transaction or to realize estimated pro forma results and underlying assumptions, including with respect to estimated stockholder redemptions; (xiv) risks and uncertainties related to Nature's Miracle's business, including, but not limited to risks relating to the uncertainty of the projected financial information with respect to Nature's Miracle; risks related to Nature's Miracle's limited operating history, the roll-out of Nature's Miracle's business and the timing of expected business milestones; Nature's Miracle's ability to implement its business plan and scale its business; Nature's Miracle's ability to develop products and technologies that are more effective or commercially attractive than competitors' products;; risks relating to Nature's Miracle's being unable to renew the leases of their facilities and warehouses; Nature's Miracle's ability to grow the size of its organization and management in response of the increase of sales and marketing infrastructure; risks relating to potential tariffs or a global trade war that could increase the cost of Nature's Miracle's products; risks relating to product liability lawsuits that could be brought against Nature's Miracle;; Nature's Miracle's ability to formulate, implement and modify as necessary effective sales, marketing, and strategic initiatives to drive revenue growth; Nature's Miracle's ability to expand internationally; acceptance by the marketplace of the products and services that Nature's Miracle markets; and government regulations and Nature's Miracle's ability to obtain applicable regulatory approvals and comply with government regulations. The foregoing list of factors is not exclusive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of proxy statement, when available, and other documents filed by Lakeshore from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and neither Nature's Miracle nor Lakeshore 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. Neither Lakeshore nor Nature's Miracle gives any assurance that either Lakeshore or Nature's Miracle, or the combined company, will achieve its expectations. ---------------------------------------------------------------------- Sure, the large caps are doing well...even setting record highs. However, the smallcap indexes have not fared as well, especially when daily headlines bring with them the power to change market direction in a matter of seconds. In other words, once the "risk-off" sentiment hits, look out below. But, as we continue to teach, market volatility exposes opportunities. At $0.70 and despite its over 37% rally since May 20th Nature's Miracle Holdings (NASDAQ: NMHI) stock presents a compelling one. For those following this company, it's no secret that its shares got whacked after its planned merger with Agrigy Corp. fell through. Still, investors should not rule out the two revisiting that mutually accretive opportunity once company valuations and market conditions stabilize. While the company didn't say that specifically, the combination does make sense. And it could be a significant value driver if and when it does consummate. Seizing On An Apparent Valuation Disconnect That's speculative. But, what isn't is that the selloff following the deal's breakdown appears to be over emphasized. In fact, investors have been seizing on the low price since, as evidenced by the rally that started a day after the announcement that sent share prices lower. The increase is well-deserved. Why? Because Nature's Miracle's growth isn't dependent on closing acquisitions. They have plenty of other value drivers to support higher share prices, with an additional one added last week. This one can be a revenue game-changer. That's not an overly enthusiastic assessment, either. [By announcing it has launched its "Efinity" brand name dehumidifier, Nature's Miracle becomes one of only three companies in the U.S. to comprehensively service the indoor-growing market.]( Moreover, it's not a standalone value driver. The two Efinity dehumidifier models are complementary products under the umbrella of its similarly named LED lighting business. That adds significant cross-sell opportunities to the brand's large and fast-growing customer base.  [Efinity Brand Humidifier Expected To Add $20 Million In New Revenues]( [Nature's Miracle management is indeed optimistic following the launch. Shipments beginning in Q3 are expected to add $20 million in new revenues as they initially target the low-hanging sales opportunities in a U.S. industrial humidifier market estimated at $500 million. Keep in mind that these sales add to existing revenue, which has also increased since its public market debut.]( [Q1/2024 revenues were $2.2 million, primarily from grow light sales. While the 14% gross margins enable that income to fall faster to its bottom line, the company noted expectations that adding the Efinity dehumidifier will enhance its topline growth and margin expansion. That's not all. It strengthens its brand reputation by offering customers a full range of branded indoor growing products, including its industry-leading grow light, MiracleTainer container farm system, and growing medium, including Dutch Coco and Dutch Wool.]( That combined offering enables the company to potentially capture a sizable share of an indoor farming sector whose growth trajectory continues to steepen. That expectation is reachable. Remember, Nature's Miracle has already penetrated the industry segment with impressive and well-received products. Factoring in its newest launch, Nature's Miracle looks better positioned than ever to exploit its market leadership position and enhance its status as a one-stop shopping provider of technology, products, and solutions for the industry.  Targeting Sales In A Multi-Billion Dollar Vertical Farming Market They are certainly doing the right things with the right products at the right time. The vertical farming industry, not just hydroponic indoor growing, is experiencing a massive increase in interest, necessitated by the need for sustainable farming methods that address environmental issues and those related to food security. Focused on driving sales in North America, NMHI targets about 40% of the revenue opportunities, [which, according to Statista forecasts, can put roughly $2.2 billion of the global $5.6 billion market into play.]( Earning even a tiny percentage of that opportunity could send NMHI share prices soaring, especially considering that revenue-to-price ratios would factor in the company having only about 26.4 million outstanding shares and just 8.18 million in the float on June 7th.  Accretive Value Drivers Enhance The Bull's Case [In March, the company announced a Memorandum of Understanding (MOU) with Future Tech Inc. (FTC), an Ohio-based financial technology, data systems, and energy integrator company with access to 100 MW of electricity in Ohio. This deal is more than innovative in its intent; it's disruptive by aiming to integrate vertical farming facilities with AI computing data centers.Â]( This collaboration is significant because it allows NMHI to partner with AI Computing Data Center providers to co-locate vertical farming facilities in places with favorable electricity supplies. If successful, it expedites the ability to more quickly tap into the indoor growing markets, with those in Ohio, Illinois, and Michigan already in its crosshairs. [The company could get a big push in that direction with plans to participate in the bitcoin industry's annual BITMAIN World Digital Mining Summit (WDMS) 2024, scheduled for June 16-18, 2024, at the Fontainebleau Las Vegas. More than participate, James Li, Chairman and Chief Executive Officer of Nature's Miracle, will be a keynote speaker at the summit on June 18th, 2024, introducing the topic: "Co-location bitcoin mining with vertical farming: capturing the residual heat and carbon emission." By running parallel vertical farms and digital mining operations, Nature's Miracle business model could benefit significantly from the excess heat and CO2 emissions generated by these digital mining and data centers. It's a unique business fit that can change the vertical mining landscape while using waste as a productive element.]( Harnessing that ability and combining it with the revenue-generating value drivers already contributing to impressive and tangible growth makes the case for investor interest more than warranted—it's justified. Need more proof?  Trading Under-The-Radar Since its March Listing This company has only been trading since March 11th, but since then, it has added value that is more than accretive; it sets the stage for potentially significant growth during the remainder of the year, not only from its arsenal of marketed products but also from a proactive mission to search for assets that can be added to exploit untapped market opportunities. In that respect, the multiple boxes checked that instigate growth must be appreciated. More importantly, they should be appropriately valued. At current prices, those points look missed. However, as noted earlier in this introduction and in others, while value disconnects present opportunities, they can also close quickly. As investors learn more about this newly listed company's intrinsic value and inherent potential, the gap between the current price and fair value could significantly tighten, allowing Nature's Miracle Holding stock to prove that point. Positioned to reshape and serve the demand from an indoor farming sector landscape that's changing out of necessity and pioneering new markets, the sum of the combined parts of Nature's Miracle Holding points toward a share price trajectory of least resistance higher. If the company continues to execute its strategy, perhaps appreciably so. Pay very close attention to your email inbox, your next alert is just around the corner. Yours for greater gains, Kevin Vander Publisher, 10XProTrader.com Investment Research Source Appendix: 1. [( 2. [( 3. [( 4. [( 5. [( 6. [( 7. [( You are receiving this e-mail as part of your subscription to 10XProTrader. Please do not reply to this e-mail as this address is not monitored. Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2023 10XProTrader.com. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular inves∙tment situation. N∙o communication by our employees to you should be deemed as personalized financial advice. 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