Business Warrior Secures $25 Million Equity Line of Credit from Keystone Capital

Rhea-AI Summary

Business Warrior Corp. (OTC PINK:BZWR) has secured a $25 million equity line of credit with Keystone Capital, aimed at facilitating future acquisitions and expanding operations. The company plans to draw funds over 24 months to enhance growth opportunities. CEO Rhett Doolittle expressed gratitude for the financial community's support and emphasized the win-win situation for investors and small businesses. The agreement will involve filing a registration statement on Form S-1 for common shares under the equity line.

Positive

• Secured a $25 million equity line of credit, enhancing financial flexibility.
• Funds will support future acquisitions and operational scaling.

Negative

• None.

New line of credit will be used for future acquisitions, scaling up operations and growing the Business Warrior team

PHOENIX, AZ / ACCESSWIRE / March 29, 2022 / Business Warrior Corp. (OTC PINK:BZWR), the source for small businesses in America to get more customers, today announces it has signed a letter of intent for a $25 million equity line of credit with Keystone Capital. The Company expects to use the funds from the line of credit to facilitate future acquisitions, continue to scale operations, and contribute to more growth opportunities.

"We are very grateful for the support we've received from the financial community for Business Warrior's long-term vision," states Company CEO Rhett Doolittle. "Thanks to this new line of credit, Business Warrior is well-positioned to support small businesses and local communities with our products and solutions."

Keystone Capital has agreed to enter into a $25 million equity line of credit agreement with the Company to further support its growth strategy. The equity line agreement will allow Business Warrior to draw up to $25 million over 24 months. The Company will file a registration statement on Form S-1 to register its common shares under the equity line.

"This equity line of credit represents the investment community's long-term belief in the value of what we're doing at Business Warrior," explains Doolittle. "More importantly, it's a win-win-win situation; a win for us, a win for our investors, and a win for small businesses across the United States."

About Business Warrior

Business Warrior is an open source technology company providing Small Businesses in the United States with a suite of data driven marketing and next-generation funding solutions to boost local market dominance. Founded in 2014, Business Warrior is singularly focused on offering locally-targeted lead generation marketing and funding solutions that fuel small business growth. By using next generation machine-learning and native software, Business Warrior has made growth funding and conversion marketing accessible for thousands of under-resourced and under-funded small business owners. For more information, visit BusinessWarrior.com.

Forward Looking Statements:

This press release and the offering materials may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Forward-looking statements are neither historical facts nor assurances of future performance. They are based on the current beliefs of, assumptions made by, and information currently available to the company's management regarding the future of the company's business, future plans and strategies, anticipated events and trends, the economy and other future conditions. When used in the offering materials, the words "aim," "estimate," "project," "believe," "anticipate," "intend," "envision," "estimate," "expect," "future," "goal," "hope," "likely," "may," "plan," "potential," "seek," "should," "strategy," "will" and similar references to future periods are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management's current views with respect to future events and are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict (many of which are outside of the company's control) and could cause the company's actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. All subsequent written and oral forward-looking statements concerning the company, the offering or other matters, are expressly qualified in their entirety by the cautionary statements above. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

Investor Relations:

Tanner Otts
Investors@BusinessWarrior.com
(855) 884-5805

SOURCE: Business Warrior Corporation

View source version on accesswire.com:
https://www.accesswire.com/695024/Business-Warrior-Secures-25-Million-Equity-Line-of-Credit-from-Keystone-Capital

FAQ

What is the purpose of Business Warrior's $25 million equity line of credit?

The $25 million equity line of credit aims to facilitate future acquisitions and support the scaling of Business Warrior's operations.

When was the equity line of credit agreement announced?

The equity line of credit agreement was announced on March 29, 2022.

What is the stock symbol for Business Warrior?

The stock symbol for Business Warrior is BZWR.

Who is providing the equity line of credit to Business Warrior?

The equity line of credit is provided by Keystone Capital.

How will Business Warrior use the $25 million credit?

Business Warrior plans to use the $25 million credit for future acquisitions, scaling operations, and growth opportunities.