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Pinnacle Food Group Filed Terms, Nasdaq: PFAI

Canada-based provider of small-scale hydroponic growing systems.

Industry: Consumer Staples

We currently sell hydroponic growing systems and technical support services to individual households and community groups and are developing a hydroponic growing system for urban farms. Our hydroponic growing systems include various sensors, growing trays, racks for growing trays, growing baskets, light panels, water tanks and consumables such as seeds, grow sponges and nutrient solutions. We also provide advice, agricultural data intelligence, controllable data applications that assist users to manage growing conditions, environmental design consulting, equipment installation, and agricultural technical support to the users of our equipment. We intend to provide such equipment and services to urban farms (such as organic vegetable farms) by the end of 2024 and to smart greenhouses and large-scale farming systems in 2025. Our core technology is based on real-time remote data monitoring, utilizing off-the-shelf sensors we have purchased from third parties. Based on the data received from the installed sensors and analyzed at a data center using big data structures and machine learning training models developed for us by third parties, we provide data intelligence to users of our hydroponic growing systems through our mobile application.
IPO Data
IPO File Date 02/27/2025
Offer Price
Price Range $4.00 - $5.00
Offer Shares (mm) 1.8
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Craft Capital Management
Company Data
Headquarters Vancouver, Canada
Founded 2015
Employees at IPO 6
Website www.pinnaclefoodinc.com

Pinnacle Food Group (PFAI) Performance

Created with Highcharts 10.3.2Chart context menuPFAI vs. IPO Index (IPOUSA)6. Jan13. Jan20. Jan27. Jan3. Feb10. Feb17. Feb24. Feb3. Mar10. Mar17. Mar24. Mar31. Mar-20%-10%0%+ 10%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index