Favo Capital Files Its Initial Application With The NASDAQ Stock Exchange
FAVO Capital (OTC PINK:FAVO) has announced filing its initial application with the Nasdaq Stock Exchange, marking a significant step towards uplisting from OTC Markets. The announcement follows a successful first round closing of its Private Placement Offering Bridge Raise with D. Boral Capital as the exclusive placement agent.
The company, specializing in alternative financing solutions for small to medium-sized businesses in the Private Credit sector, aims to increase visibility, liquidity, and access to a larger investor pool through the Nasdaq listing. FAVO reports that its audits are in the final stages of completion as it progresses toward its Nasdaq debut.
FAVO Capital (OTC PINK:FAVO) ha annunciato di aver presentato la sua domanda iniziale per il Nasdaq Stock Exchange, segnando un passo significativo verso l'adeguamento dagli OTC Markets. L'annuncio segue una chiusura di successo della prima fase della sua Offerta di Private Placement Bridge Raise con D. Boral Capital come agente di collocamento esclusivo.
L'azienda, specializzata in soluzioni di finanziamento alternative per piccole e medie imprese nel settore del Credito Privato, mira ad aumentare la visibilità, la liquidità e l'accesso a un pool di investitori più ampio attraverso la quotazione al Nasdaq. FAVO riporta che i suoi audit sono nelle fasi finali di completamento mentre avanza verso il debutto al Nasdaq.
FAVO Capital (OTC PINK:FAVO) ha anunciado la presentación de su solicitud inicial ante el Nasdaq Stock Exchange, marcando un paso significativo hacia la subida de los OTC Markets. Este anuncio sigue al cierre exitoso de la primera ronda de su Oferta de Colocación Privada Bridge Raise con D. Boral Capital como agente exclusivo de colocación.
La empresa, especializada en soluciones de financiamiento alternativo para pequeñas y medianas empresas en el sector de Crédito Privado, busca aumentar la visibilidad, la liquidez y el acceso a una mayor base de inversores a través de la cotización en el Nasdaq. FAVO informa que sus auditorías se encuentran en las etapas finales de finalización mientras avanza hacia su debut en el Nasdaq.
FAVO Capital (OTC PINK:FAVO)는 Nasdaq Stock Exchange에 초기 신청서를 제출했다고 발표하며, OTC 마켓에서 상장 전환을 향한 중요한 단계를 의미합니다. 이 발표는 D. Boral Capital과의 독점 배치 대리인으로서의 성공적인 첫 라운드 폐쇄 후 이루어졌습니다.
이 회사는 사모 채권 부문에서 중소기업을 위한 대체 자금 조달 솔루션을 전문으로 하며, Nasdaq 상장을 통해 가시성, 유동성 및 더 많은 투자자 풀에 대한 접근을 증가시키는 것을 목표로 하고 있습니다. FAVO는 Nasdaq 데뷔를 향해 진행하면서 감사가 최종 단계에 있다고 보고하고 있습니다.
FAVO Capital (OTC PINK:FAVO) a annoncé avoir déposé sa demande initiale auprès de la Nasdaq Stock Exchange, marquant une étape significative vers le passage des marchés OTC. Cette annonce fait suite à la clôture réussie de la première phase de son Offre de Placement Privé Bridge Raise avec D. Boral Capital en tant qu'agent de placement exclusif.
L'entreprise, spécialisée dans des solutions de financement alternatives pour les petites et moyennes entreprises dans le secteur du crédit privé, vise à accroître la visibilité, la liquidité et l'accès à un plus grand pool d'investisseurs grâce à la cotation au Nasdaq. FAVO informe que ses audits sont en phase finale de réalisation alors qu'il progresse vers ses débuts au Nasdaq.
FAVO Capital (OTC PINK:FAVO) hat die Einreichung seines ursprünglichen Antrags an der Nasdaq Stock Exchange bekannt gegeben, was einen bedeutenden Schritt in Richtung eines Aufstiegs von den OTC-Märkten darstellt. Diese Ankündigung folgt einem erfolgreichen Abschluss der ersten Runde seiner Private Placement Offering Bridge Raise mit D. Boral Capital als exklusivem Platzierungsagent.
Das Unternehmen, das sich auf alternative Finanzierungslösungen für kleine und mittelständische Unternehmen im Bereich der Privatkredite spezialisiert hat, zielt darauf ab, die Sichtbarkeit, Liquidität und den Zugang zu einem größeren Investorenpool durch die Nasdaq-Notierung zu erhöhen. FAVO berichtet, dass sich die Prüfungen in den letzten Zügen befinden, während es auf sein Debüt an der Nasdaq hinarbeitet.
- Successfully completed first round of Private Placement Offering Bridge Raise
- Filed initial application for Nasdaq uplisting
- Audits are in final stages of completion
- None.
LAUDERHILL, FL / ACCESSWIRE / December 19, 2024 / FAVO Capital, Inc. (OTC PINK:FAVO), a leading provider of alternative financing solutions in the Private credit Sector, is thrilled to announce that it has filed its initial application with the Nasdaq Stock Exchange, marking a major milestone for the company as it prepares for its uplisting from the OTC Markets. This filing comes off the back of a successful first round closing of its Private Placement Offering Bridge Raise with D. Boral Capital, LLC as the exclusive placement agent for the offering.
"We are excited to take this next step towards listing on the Nasdaq Stock Exchange," said Vincent Napolitano, CEO of FAVO Capital. "This filing represents a significant achievement for our team and brings us one step closer to achieving our goal of providing innovative investment opportunities for our clients."
FAVO as a leading Private Credit provider that specializes in providing much needed funding solutions to emerging small to medium size companies across America has earned a reputation as a trusted B2B partner for our customers and investors alike.
As Favo continues to grow and expand its offerings, listing on the Nasdaq Stock Exchange will provide the company with increased visibility, liquidity and access to a larger pool of potential investors who wish to participate in one of the fastest growing sectors - Private Credit.
Shaun Quin, FAVO Capital President, added "Whilst the excitement amongst the team is at an all-time high, we are mindful of the journey ahead and the challenges that face us in executing on this goal. 2024 has been a win on so many levels and I believe 2025 will be the defining moment we have planned for, for so many years".
With its initial application filed and audits in the final stages of completion, FAVO is positioned for continued success and growth in the months ahead. The company looks forward to sharing more updates with its stakeholders as it progresses toward its Nasdaq Debut.
Glen Steward, FAVO Capital Chief Strategy Officer, added "I could not be prouder of the team and their achievements to date. Not only as a Director but also as the Founder and Chairman of Stewards Investment Capital. Our team made a substantial investment in FAVO for this exact reason, as they continue to hit milestones after milestone and align with the long term strategic vision which better serves our valued investors."
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
More About FAVO Capital, Inc.
FAVO Capital, Inc. (OTC PINK:FAVO) is a rapidly growing alternative finance company headquartered in Fort Lauderdale, FL. The Company offers personalized alternative finance solutions to emerging, small, and medium-sized businesses. "FAVO" is "Honeycomb" in Latin - The Honeycomb (Hexagon) is the most efficient shape in the universe. FAVO intends to be Efficient, Flexible & Durable.
For more information visit: www.favocapital.com
Contact:
Email: info@favocapital.com
Tel: 833.328.6477
Website: www.favocapital.com
Safe Harbor/Forward-Looking Statements
This press release contains certain forward-looking statements including, but not limited to, statements, estimates, and projections of future trends and of the anticipated future performance constitute "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, as amended, including, without limitation, statements regarding the Series' expectations, beliefs, or future strategies that are signified by the words "expects," "anticipates," "intends," "believes," or similar language. These forward-looking statements concern the Company's operations, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results may differ materially from expected results. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of this press release FAVO Capital, Inc and its Management Team expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements, unless specifically required by law or regulation.
SOURCE: Favo Capital, Inc.
View the original press release on accesswire.com
FAQ
What is the current status of FAVO Capital's Nasdaq uplisting application?
When did FAVO Capital file its Nasdaq uplisting application?
What financing milestone did FAVO achieve before filing for Nasdaq uplisting?
How will the Nasdaq uplisting benefit FAVO Capital?
What is FAVO Capital's primary business focus?
