Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies
Avant Technologies (OTCQB:AVAI) has entered an Equity Financing Agreement with GHS Investments, securing up to $20 million in registered common stock purchases. This agreement provides Avant with a financial safety net as it continues developing AI data center infrastructure solutions and explores expansion into other technology sectors, including biotechnology.
CEO Kenneth L. Waggoner views this agreement as an "insurance policy" that supports Avant's current efforts and potential growth. The company aims to attract institutional investors with its expansion plans, while the GHS equity line offers backup capital if needed. GHS, a leading private investment group, specializes in supporting high-potential small-cap companies in emerging market sectors.
Avant Technologies (OTCQB:AVAI) ha firmato un Accordo di Finanziamento Equity con GHS Investments, garantendo fino a 20 milioni di dollari nell'acquisto di azioni comuni registrate. Questo accordo fornisce ad Avant una rete di sicurezza finanziaria mentre continua a sviluppare soluzioni per l'infrastruttura dei centri dati AI ed esplora l'espansione in altri settori tecnologici, inclusa la biotecnologia.
Il CEO Kenneth L. Waggoner considera questo accordo come una "polizza assicurativa" che supporta gli attuali sforzi di Avant e il potenziale di crescita. L'azienda mira ad attrarre investitori istituzionali con i suoi piani di espansione, mentre la linea di equity di GHS offre capitale di riserva se necessario. GHS, un gruppo di investimento privato di punta, è specializzato nel supportare aziende small-cap ad alto potenziale in settori di mercato emergenti.
Avant Technologies (OTCQB:AVAI) ha entrado en un Acuerdo de Financiamiento de Capital con GHS Investments, asegurando hasta 20 millones de dólares en compras de acciones comunes registradas. Este acuerdo proporciona a Avant una red de seguridad financiera mientras continúa desarrollando soluciones de infraestructura de centros de datos de IA y explora la expansión a otros sectores tecnológicos, incluida la biotecnología.
El CEO Kenneth L. Waggoner ve este acuerdo como una "póliza de seguro" que respalda los esfuerzos actuales de Avant y su potencial de crecimiento. La compañía busca atraer inversionistas institucionales con sus planes de expansión, mientras que la línea de capital de GHS ofrece capital de respaldo si es necesario. GHS, un grupo de inversión privado líder, se especializa en apoyar a empresas small-cap de alto potencial en sectores de mercado emergentes.
Avant Technologies (OTCQB:AVAI)는 GHS Investments와 지분 자금 조달 계약을 체결하여 최대 2천만 달러의 등록된 보통주 매입을 확보했습니다. 이 계약은 Avant가 AI 데이터 센터 인프라 솔루션을 개발하고 생명공학을 포함한 다른 기술 분야로의 확장을 모색하는 동안 금융 안전망을 제공합니다.
CEO Kenneth L. Waggoner는 이 계약을 Avant의 현재 노력과 성장 가능성을 지원하는 "보험 정책"으로 보고 있습니다. 회사는 확장 계획을 통해 기관 투자자를 유치하는 것을 목표로 하고 있으며, GHS의 지분 라인은 필요할 경우 백업 자본을 제공합니다. GHS는 고급 소형주 기업을 지원하는 데 전문화된 주요 개인 투자 그룹입니다.
Avant Technologies (OTCQB:AVAI) a signé un Accord de Financement par Équité avec GHS Investments, garantissant jusqu'à 20 millions de dollars d'achats d'actions ordinaires enregistrées. Cet accord fournit à Avant un filet de sécurité financière alors qu'il continue de développer des solutions d'infrastructure de centre de données d'IA et explore une expansion dans d'autres secteurs technologiques, y compris la biotechnologie.
Le PDG Kenneth L. Waggoner voit cet accord comme une "police d'assurance" qui soutient les efforts actuels d'Avant et son potentiel de croissance. L'entreprise vise à attirer des investisseurs institutionnels avec ses plans d'expansion, tandis que la ligne de capitaux de GHS offre des fonds de secours si nécessaire. GHS, un groupe d'investissement privé de premier plan, se spécialise dans le soutien d'entreprises de petite capitalisation à fort potentiel dans des secteurs de marché émergents.
Avant Technologies (OTCQB:AVAI) hat eine Eigenkapitalfinanzierungsvereinbarung mit GHS Investments abgeschlossen, die bis zu 20 Millionen Dollar durch den Kauf von registrierten Stammaktien sichert. Diese Vereinbarung bietet Avant ein finanzielles Sicherheitsnetz, während das Unternehmen weiterhin Infrastruktur-Lösungen für KI-Datenzentren entwickelt und eine Expansion in andere Technologiesektoren, einschließlich Biotechnologie, erkundet.
CEO Kenneth L. Waggoner sieht dieses Abkommen als eine "Versicherungspolice", die die aktuellen Bemühungen und das Wachstumspotenzial von Avant unterstützt. Das Unternehmen zielt darauf ab, institutionelle Investoren mit seinen Expansionsplänen zu gewinnen, während die GHS-Eigenkapitallinie bei Bedarf Backup-Kapital bietet. GHS, eine führende private Investmentgruppe, hat sich auf die Unterstützung von kleinen, wachstumsstarken Unternehmen in aufstrebenden Marktsektoren spezialisiert.
- Secured up to $20 million in potential funding through an Equity Financing Agreement with GHS Investments
- Exploring expansion into additional technology sectors, including biotechnology
- Potential to attract institutional investors with expansion plans
- Potential dilution of existing shareholders' equity if the company issues new shares under the agreement
- Uncertainty regarding the timing and amount of stock purchases, as it's at Avant's discretion
LAS VEGAS, NV / ACCESSWIRE / July 30, 2024 / Avant Technologies, Inc. (OTCQB:AVAI) ("Avant"), an emerging technology company developing solutions in artificial intelligence (AI) data center infrastructure, today announced that it has entered an Equity Financing Agreement ("Investment Agreement") with GHS Investments (GHS). Pursuant to the Investment Agreement, GHS has agreed to purchase up to
Avant's Chief Executive Officer, Kenneth L. Waggoner, said of the Investment Agreement, "This relationship with GHS serves as an insurance policy, of sorts, as we continue our efforts to deliver infrastructure solutions to AI and big data companies, organizations, and institutions. It also covers us as we begin to explore broadening our footprint in the technology sector beyond AI.
"Our expectation is to attract institutional investors as we present our plan to expand into other technologies, including the biotechnology sector to high-level investors. The equity line from GHS offers Avant the necessary capital should it become necessary. We appreciate the confidence that GHS has placed in Avant and our future in the technology industry."
GHS is a leading private investment and management group providing financial solutions for high-potential small-cap companies. GHS has made investments into multiple successful portfolio companies in the small cap space that are seeking capital to measurably grow and scale their existing businesses to take advantage of emerging market sectors.
About Avant Technologies, Inc.
Avant Technologies, Inc. is at the forefront of AI innovation, specializing in the development and deployment of advanced data processing solutions. With a focus on pushing the boundaries of what is possible in AI and machine learning, Avant serves a diverse range of industries, driving progress and efficiency through state-of-the-art technology.
More information about Avant can be found at https://avanttechnologies.com
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Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date after the date of the press release.
Contact:
Avant Technologies, Inc.
info@avanttechnologies.com
SOURCE: Avant Technologies, Inc.
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FAQ
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