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#3 -_ 1 (1)

May 7, 2025

Source: Armory Securities, LLC

Armory Securities, LLC is pleased to announce that Revol Greens, a leading Controlled Environment Agriculture (“CEA”) greenhouse-based lettuce producer with over $200MM invested across four U.S. growing locations, has secured new financing and restructured existing indebtedness. The new financing provides additional liquidity for Revol Greens to execute its growth initiatives. Armory Securities served as the exclusive placement agent to Revol Greens for the transaction, assisting with both securing new financing and restructuring.

Revol Greens, founded in 2017, is committed to transforming the lettuce and leafy greens industry through sustainable greenhouse-based production. With advanced growing techniques, Revol Greens reduces water usage, eliminates the need for unnecessary chemicals, and ensures year-round supply of fresh, locally grown produce.

Operating state-of-the-art greenhouses in Minnesota, California, Georgia, and Texas, the company aims to provide high-quality, sustainably grown greens to a broad customer base, including top U.S. retailers, food service providers, and quick-service restaurants.

The financing placed by Armory Securities included an asset-based revolving line of credit. With a strong operational team, scalable business infrastructure, and newly streamlined operations, Revol Greens is well-positioned to accelerate its growth and profitability.