Grow Capital, Inc. (GRWC) Provides Progress Update
Grow Capital (OTCPINK: GRWC) has provided an update on its strategic initiatives and Form 211 progress. The company's Form 211 is currently under initial review by a broker-dealer under SEC Rule15c2-11 and FINRA OTC Compliance Unit. GRWC is completing updates to reflect recent corporate activity and expects to respond promptly to open items.
The company has expanded its team by engaging new executives, including technical and professional consultants, to execute its 2025 business plans. GRWC is also proceeding with previously announced acquisitions to enhance its product offerings. The company operates through its subsidiaries Bombshell Technologies, PERA , and PERA Administrators
Grow Capital (OTCPINK: GRWC) ha fornito un aggiornamento sulle sue iniziative strategiche e sui progressi del Modulo 211. Il Modulo 211 dell'azienda è attualmente sotto revisione iniziale da parte di un broker-dealer secondo la Regola SEC 15c2-11 e l'Unità di Conformità OTC di FINRA. GRWC sta completando gli aggiornamenti per riflettere le recenti attività aziendali e si aspetta di rispondere prontamente agli elementi aperti.
L'azienda ha ampliato il proprio team coinvolgendo nuovi dirigenti, inclusi consulenti tecnici e professionali, per attuare i propri piani aziendali per il 2025. GRWC sta anche procedendo con acquisizioni precedentemente annunciate per migliorare la propria offerta di prodotti. L'azienda opera attraverso le sue filiali Bombshell Technologies, PERA e PERA Administrators.
Grow Capital (OTCPINK: GRWC) ha proporcionado una actualización sobre sus iniciativas estratégicas y el progreso del Formulario 211. El Formulario 211 de la compañía está actualmente bajo revisión inicial por parte de un corredor-dealer según la Regla SEC 15c2-11 y la Unidad de Cumplimiento OTC de FINRA. GRWC está completando actualizaciones para reflejar la reciente actividad corporativa y espera responder rápidamente a los elementos abiertos.
La empresa ha ampliado su equipo al contratar nuevos ejecutivos, incluidos consultores técnicos y profesionales, para ejecutar sus planes de negocio para 2025. GRWC también está procediendo con adquisiciones previamente anunciadas para mejorar su oferta de productos. La compañía opera a través de sus subsidiarias Bombshell Technologies, PERA y PERA Administrators.
Grow Capital (OTCPINK: GRWC)는 전략적 이니셔티브 및 양식 211 진행 상황에 대한 업데이트를 제공했습니다. 회사의 양식 211은 현재 SEC 규칙 15c2-11 및 FINRA OTC 준수 부서에 의해 중개업체의 초기 검토 중에 있습니다. GRWC는 최근 기업 활동을 반영하기 위해 업데이트를 완료하고 있으며, 열린 항목에 신속하게 응답할 것으로 기대하고 있습니다.
회사는 2025년 사업 계획을 실행하기 위해 기술 및 전문 컨설턴트를 포함한 새로운 경영진을 영입하여 팀을 확장했습니다. GRWC는 또한 제품 제공을 향상시키기 위해 이전에 발표된 인수 절차를 진행하고 있습니다. 이 회사는 자회사인 Bombshell Technologies, PERA 및 PERA Administrators를 통해 운영됩니다.
Grow Capital (OTCPINK: GRWC) a fourni une mise à jour sur ses initiatives stratégiques et l'avancement du Formulaire 211. Le Formulaire 211 de l'entreprise est actuellement en cours de révision initiale par un courtier selon la Règle SEC 15c2-11 et l'Unité de Conformité OTC de la FINRA. GRWC finalise des mises à jour pour refléter les récentes activités de l'entreprise et s'attend à répondre rapidement aux éléments ouverts.
L'entreprise a élargi son équipe en engageant de nouveaux cadres, y compris des consultants techniques et professionnels, pour exécuter ses plans d'affaires pour 2025. GRWC progresse également dans les acquisitions précédemment annoncées pour améliorer son offre de produits. L'entreprise opère par l'intermédiaire de ses filiales Bombshell Technologies, PERA et PERA Administrators.
Grow Capital (OTCPINK: GRWC) hat ein Update zu seinen strategischen Initiativen und dem Fortschritt des Formulars 211 bereitgestellt. Das Formular 211 des Unternehmens befindet sich derzeit in der ersten Überprüfung durch einen Broker-Dealer gemäß SEC-Regel 15c2-11 und der FINRA OTC Compliance-Einheit. GRWC vervollständigt Aktualisierungen, um die jüngsten Unternehmensaktivitäten widerzuspiegeln, und erwartet, umgehend auf offene Punkte zu reagieren.
Das Unternehmen hat sein Team erweitert, indem es neue Führungskräfte, einschließlich technischer und professioneller Berater, engagiert hat, um seine Geschäftspläne für 2025 umzusetzen. GRWC setzt auch die zuvor angekündigten Übernahmen fort, um sein Produktangebot zu verbessern. Das Unternehmen operiert über seine Tochtergesellschaften Bombshell Technologies, PERA und PERA Administrators.
- Form 211 application in progress to return to full trading status
- Strategic expansion of executive team with new technical and professional consultants
- Moving forward with acquisitions to expand product offerings
- Currently unable to have brokers publish competing quotes or provide continuous market making
- Form 211 approval still pending and subject to regulatory requirements
Team expands with addition of professional consultants to drive 2025 business objectives and Form 211 progress continues
The Company's Form 211 is under initial review by a broker-dealer under SEC Rule15c2-11 and subject to ongoing processing by the FINRA OTC Compliance Unit. The Company is presently completing updates to the Form and its various schedules and supporting documents to reflect recent corporate activity and expects to respond promptly to open items. The Company remains optimistic that the process will continue swiftly and smoothly once these updated responses and documents are submitted, enabling brokers to publish competing quotes and provide continuous market making when the final Form 211 is processed and meets the requirements under FINRA Rule 6432 for the broker-dealer to initiate a quotation.
While the Form 211 process advances, Grow Capital's subsidiaries have begun executing their ambitious 2025 business plans. These plans are already yielding positive momentum across the Grow Capital family of companies. In line with these initiatives, Grow has strategically expanded its team, engaging several new executives, including both technical and professional consultants to lead the Company forward. In addition, the Company is moving to close previously announced acquisitions to bolster its product offerings.
"We are encouraged by the progress we've made on the regulatory front and excited about the operational strides our subsidiaries are achieving," said Terry Kennedy, CEO of Grow Capital, Inc. "Once our Form 211 is processed by FINRA, and as we complete key milestones in the execution of our 2025 business plan, we expect to provide regular updates to highlight the exciting developments happening across our portfolio. Grow Capital is committed to delivering long-term value to our shareholders and executing our vision for 2025 and beyond."
Grow Capital remains focused on driving innovation and creating value through its subsidiaries, including Bombshell Technologies, PERA LLC, and PERA Administrators LLC. Each company is actively contributing to the overall success of the Grow Capital ecosystem.
Further updates will be provided as developments occur.
For more information, please contact:
Grow Capital, Inc.
Investor Relations
Email: info@growcapitalinc.com
Website: www.growcapitalinc.com
About Grow Capital, Inc.
Grow Capital, Inc. (OTC: GRWC) is a publicly traded company focused on acquiring, funding, and supporting technology and financial service businesses. Through its subsidiaries, Grow Capital is dedicated to fostering innovation and creating value for its shareholders. To learn more about Grow Capital Inc., visit http://www.growcapitalinc.com.
Media Contact:
Terry Kennedy, CEO
Grow Capital Inc.
2485 Village View Drive, Ste. 190
Phone: 702-272-2019
Stay updated with our progress: https://www.growcapitalinc.com/
Forward Looking Statements Disclaimer: This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Grow Capital, Inc.'s ability to control, including successful processing of a Form 211, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward-looking statements include the words "returning," "looking forward," "seek", "grow", "plan" and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Grow Capital, Inc.'s filings with the OTC Markets, and/or posted on the Company's website
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SOURCE Grow Capital Inc.
FAQ
What is the current status of GRWC's Form 211 application in February 2025?
What strategic changes has GRWC implemented for its 2025 business plan?
Which subsidiaries are currently part of GRWC's portfolio?
What will happen to GRWC's trading status once Form 211 is approved?
