Accredited Solutions Files $3.6M Reg A Offering to Support Acquisition Strategy and Growth Initiatives
Accredited Solutions, Inc. (OTC: ASII), parent company of Diamond Creek Water, has filed a Regulation A registration statement for a $3.6 million offering. The capital will be used to:
- Fuel the company's acquisition-driven growth plan
- Complement organic growth initiatives
- Redeem outstanding convertible securities at a lower cost
The company has also resolved to increase its number of authorized shares for enhanced financial flexibility. Notably, Accredited Solutions is committed to not pursuing a reverse stock split of its common stock. CEO Eduardo Brito expressed confidence in the company's underestimated intrinsic value and the potential for long-term growth.
Accredited Solutions, Inc. (OTC: ASII), la società madre di Diamond Creek Water, ha presentato una domanda di registrazione secondo la Regola A per un'offerta di 3,6 milioni di dollari. Il capitale sarà utilizzato per:
- Alimentare il piano di crescita aziendale guidato dalle acquisizioni
- Complementare le iniziative di crescita organica
- Riscattare titoli convertibili in circolazione a costi inferiori
La società ha anche deciso di aumentare il numero di azioni autorizzate per una maggiore flessibilità finanziaria. È importante notare che Accredited Solutions è impegnata a non perseguire uno split azionario inverso delle proprie azioni ordinarie. Il CEO Eduardo Brito ha espresso fiducia nel valore intrinseco sottovalutato della società e nel potenziale di crescita a lungo termine.
Accredited Solutions, Inc. (OTC: ASII), la empresa matriz de Diamond Creek Water, ha presentado una declaración de registro bajo la Regulación A para una oferta de 3.6 millones de dólares. El capital se utilizará para:
- Impulsar el plan de crecimiento de la empresa basado en adquisiciones
- Complementar iniciativas de crecimiento orgánico
- Redimir valores convertibles pendientes a un costo más bajo
La empresa también ha decidido incrementar su número de acciones autorizadas para una mejor flexibilidad financiera. Notablemente, Accredited Solutions está comprometida a no realizar un split inverso de acciones de sus acciones ordinarias. El CEO Eduardo Brito expresó confianza en el valor intrínseco subestimado de la compañía y en su potencial de crecimiento a largo plazo.
Accredited Solutions, Inc. (OTC: ASII), Diamond Creek Water의 모회사, 는 360만 달러 규모의 Regulation A 등록 서류를 제출했습니다. 자본금은 다음과 같이 사용될 예정입니다:
- 인수 기반의 성장 계획 촉진
- 유기적 성장 이니셔티브 보완
- 기존의 전환 가능한 증권을 더 낮은 비용으로 상환
회사는 또한 승인된 주식 수를 늘리기로 결정했습니다 재정적 유연성을 높이기 위해. 특히, Accredited Solutions는 자사 보통주에 대한 역 분할을 추구하지 않겠다고 약속했습니다. CEO Eduardo Brito는 회사의 저평가된 내재 가치와 장기 성장 가능성에 대한 확신을 나타냈습니다.
Accredited Solutions, Inc. (OTC: ASII), la société mère de Diamond Creek Water, a déposé une déclaration d'enregistrement selon la Réglementation A pour une offre de 3,6 millions de dollars. Le capital sera utilisé pour :
- Alimenter le plan de croissance de l'entreprise axé sur les acquisitions
- Compléter les initiatives de croissance organique
- Rembourser des titres convertibles en circulation à un coût inférieur
La société a également décidé d'augmenter le nombre d'actions autorisées pour une flexibilité financière accrue. Il est à noter qu'Accredited Solutions est engagée à ne pas poursuivre un plan de division inversée des actions de ses actions ordinaires. Le PDG Eduardo Brito a exprimé sa confiance dans la valeur intrinsèque sous-estimée de la société et son potentiel de croissance à long terme.
Accredited Solutions, Inc. (OTC: ASII), die Muttergesellschaft von Diamond Creek Water, hat eine Registrierungserklärung nach Regulation A für ein Angebot in Höhe von 3,6 Millionen Dollar eingereicht. Das Kapital wird verwendet zur:
- Förderung des akquisitionsgetriebenen Wachstumsplans des Unternehmens
- Ergänzung organischer Wachstumsinitiativen
- Rückzahlung ausstehender wandelbarer Wertpapiere zu geringeren Kosten
Das Unternehmen hat außerdem beschlossen, die Anzahl der autorisierten Aktien zu erhöhen, um die finanzielle Flexibilität zu verbessern. Bemerkenswert ist, dass sich Accredited Solutions verpflichtet hat, keinen umgekehrten Aktiensplit ihrer Stammaktien zu verfolgen. CEO Eduardo Brito äußerte Vertrauen in den unterschätzten inneren Wert des Unternehmens und das Potenzial für nachhaltiges Wachstum.
- Filing of $3.6 million Regulation A offering to support growth and acquisitions
- Strategic allocation of capital for acquisition-driven growth plan
- Redemption of convertible securities at lower cost of capital
- Increase in authorized shares for enhanced financial flexibility
- Commitment to avoid reverse stock split, potentially preserving shareholder value
- Potential dilution of existing shareholders due to increase in authorized shares
- Short-term concerns may arise from decision to not pursue reverse stock split
- Reliance on acquisitions for growth strategy carries inherent risks
NEW YORK, NY, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), the parent company of Diamond Creek Water, an ionized alkaline bottled water distributed in major grocery and convenience store chains, is excited to announce the filing of a Regulation A registration statement for a
The capital raised will be strategically allocated to fuel the Company's acquisition-driven growth plan, complement organic growth initiatives, and redeem certain outstanding convertible securities at a significantly lower cost of capital compared to pre-agreed convertible floating terms. The Globetopper acquisition marks the beginning of a broader growth strategy, with additional acquisitions planned to bolster the Company’s market position and revenue streams. Additionally, the Company has resolved to increase its number of authorized shares to enhance financial flexibility. Importantly, the Company remains committed to not pursuing a reverse stock split of its common stock. While this decision may raise some short-term concerns, the management team is confident that the Company’s intrinsic value is highly underestimated, and that shareholders will recognize this as the best long-term strategy for sustained growth.
“We are very excited about this funding as it will be instrumental in accelerating our growth strategy,” said Eduardo Brito, CEO of Accredited Solutions, Inc. “While we are taking a conservative approach grounded in our financial projections, the opportunities ahead are promising. This capital will allow us to execute on our acquisition strategy while strengthening our balance sheet and delivering value to our shareholders. We are confident that the future holds great potential for Accredited Solutions.”
Relevant Links: https://www.diamondcreekwater.com
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates, and projections about our business, based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and the company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
Accredited Solutions, Inc. Contact: info@diamondcreekwater.com
Follow Us on: X (Twitter): @asii_Inc
Source: Accredited Solutions, Inc. https://www.diamondcreekwater.com
FAQ
What is the purpose of Accredited Solutions' (ASII) $3.6M Reg A offering?
How does Accredited Solutions (ASII) plan to use the funds from its Reg A offering?
Will Accredited Solutions (ASII) pursue a reverse stock split?
What is Accredited Solutions' (ASII) strategy for increasing shareholder value?
