Verde Bio signs LOI to acquire two biodiesel plants for $7M total; shifts toward renewables

VERDE BIO HOLDINGS, INC.

LOI to buy Fort Myers, FL plant ($4M, appraised $11.6M) and Wilson, NC plant ($3M, appraised $16.6M).
Plants each produce 5M gallons/year of biodiesel; Verde plans to boost Wilson capacity to 6M gal/yr.
Entered $1M preferred financing with GHS Investments; $500K initial draw to fund acquisitions.
Strategy expands to alternative energy; oil & gas remains core; name/ticker change and uplist considered.
Acquisitions expected to close in 60-90 days; plants to be revenue-producing shortly after.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.