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- by finance.yahoo.com
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Radical terminates asset purchase agreement with AgriForce, files lawsuit
Radical Clean Solutions has formally notified AgriForce Growing Systems (AGRI) of the termination of the previously executed asset purchase agreement dated August 16, 2024.The termination was based on what Radical alleges to be multiple material breaches of the agreement by AgriForce. These alleged breaches include:Failure to fund Radical’s monthly operations budget as contractually required; Failure to use commercially reasonable efforts to advance Radical’s business; Failure to support key cer