 NEW YORK, April 06, 2020 GLOBE NEWSWIRE -- iFresh, Inc. iFresh or the Company IFMK, a leading Asian American grocery supermarket chain and online grocer, announced today that it has completed a private placement financing with two individual investors, bringing gross proceeds of approximately 2.5 million from the sales of an aggregate of 1,783,167 shares of common stock of the Company at a per share price of 1.402. With an in-house proprietary delivery network, online sales channel and strong relations with farms that produce Chinese specialty vegetables and fruits, iFresh is able to offer fresh, high-quality specialty produce at competitive prices to a growing base of customers. 