Former Agridime CEO Jed Wood plead guilty to one count of wire fraud on March 25, 2026, an offense that carries a potential sentence of up to 20 years’ imprisonment. The facts underlying Mr. Wood’s plea of guilty, which are admitted as true by Mr. Wood, are contained in a factual resume that is posted below. Mr. Wood’s sentencing is currently set for July 9, 2026, but that may be continued given that the criminal trial of the remaining four defendants is not set to take place until September 2026.