TerraNova Capital Equities announces three transactions totaling $45 Million
TerraNova Capital Equities announces three significant financial transactions totaling $45 Million. The company acted as sole advisor for: a $20 Million revolving credit facility for Danimer Scientific (NYSE: DNMR), secured through Mountain Ridge Capital and backed by accounts receivable and inventory; a $10 Million financing for Inuvo (NYSE American: INUV) arranged with SLR Digital to support its AI-powered marketing technology; and a $15 Million lender finance facility for Flow Capital Corp to expand their venture debt portfolio.
TerraNova Capital Equities annuncia tre importanti operazioni finanziarie per un totale di 45 milioni di dollari. L'azienda ha agito come unico advisor per: una linea di credito revolving da 20 milioni di dollari per Danimer Scientific (NYSE: DNMR), garantita attraverso Mountain Ridge Capital e supportata da crediti e inventario; un finanziamento da 10 milioni di dollari per Inuvo (NYSE American: INUV) organizzato con SLR Digital per supportare la sua tecnologia di marketing basata sull'IA; e una struttura di finanziamento da 15 milioni di dollari per Flow Capital Corp per espandere il loro portafoglio di debito per le imprese.
TerraNova Capital Equities anuncia tres transacciones financieras significativas que suman un total de 45 millones de dólares. La empresa actuó como asesor exclusivo para: una línea de crédito revolving de 20 millones de dólares para Danimer Scientific (NYSE: DNMR), asegurada a través de Mountain Ridge Capital y respaldada por cuentas por cobrar e inventario; un financiamiento de 10 millones de dólares para Inuvo (NYSE American: INUV) organizado con SLR Digital para apoyar su tecnología de marketing impulsada por inteligencia artificial; y una facilidad de financiamiento de 15 millones de dólares para Flow Capital Corp para expandir su cartera de deuda de riesgo.
TerraNova Capital Equities는 총 4,500만 달러에 달하는 세 가지 중요한 금융 거래를 발표했습니다. 이 회사는 다음의 유일한 자문 역할을 수행했습니다: 다니머 사이언티픽(Danimer Scientific, NYSE: DNMR)을 위한 2천만 달러 규모의 리볼빙 신용 시설으로, 마운틴 리지 캐피탈(Mountain Ridge Capital)을 통해 담보가 제공되며, 외상매출금 및 재고로 뒷받침됩니다; 인유보(Inuvo, NYSE American: INUV)를 위한 1천만 달러 규모의 자금 조달, SLR 디지털과 협력하여 인공지능 기반 마케팅 기술을 지원합니다; 그리고 플로우 캐피탈(Flow Capital Corp)을 위한 1,500만 달러 규모의 대출 금융 시설, 벤처 채무 포트폴리오를 확장하기 위해 설계되었습니다.
TerraNova Capital Equities annonce trois transactions financières importantes totalisant 45 millions de dollars. L'entreprise a agi en tant que conseiller exclusif pour : une facilité de crédit revolving de 20 millions de dollars pour Danimer Scientific (NYSE: DNMR), garantie par Mountain Ridge Capital et soutenue par des créances et des stocks ; un financement de 10 millions de dollars pour Inuvo (NYSE American: INUV), organisé avec SLR Digital pour soutenir sa technologie de marketing pilotée par l'IA ; et une facilité de financement de 15 millions de dollars pour Flow Capital Corp afin d'élargir leur portefeuille de dette de risque.
TerraNova Capital Equities kündigt drei bedeutende Finanztransaktionen in Höhe von insgesamt 45 Millionen Dollar an. Das Unternehmen fungierte als alleiniger Berater für: eine revolvierende Kreditfazilität über 20 Millionen Dollar für Danimer Scientific (NYSE: DNMR), die über Mountain Ridge Capital abgesichert ist und durch Forderungen und Lagerbestände unterstützt wird; eine Finanzierung von 10 Millionen Dollar für Inuvo (NYSE American: INUV), die mit SLR Digital arrangiert wurde, um deren KI-gestützte Marketingtechnologie zu unterstützen; und eine Kreditfinanzierungsfazilität über 15 Millionen Dollar für Flow Capital Corp, um ihr Risikodebt-Portfolio auszubauen.
- Secured $10 Million financing for business growth and AI technology development
- Partnership with SLR Digital for financial backing
- None.
Insights
The
The strategic importance lies in the timing - as the digital marketing landscape shifts away from traditional consumer tracking methods, Inuvo's AI-based audience discovery solution positions them well in the privacy-first future. However, investors should note that while the financing provides operational runway, it will likely impact the company's debt service obligations and financial flexibility.
TerraNova Structured Finance Group acted as the sole advisor to Danimer Scientific, Inc. (NYSE: DNMR) on a
TerraNova is pleased to announce its role as the exclusive advisor to Danimer Scientific in securing a strategic ABL agreement with Mountain Ridge Capital. This
TerraNova Structured Finance Group acted as the sole advisor to Inuvo, Inc. (NYSE American: INUV) on a
TerraNova acted as the sole advisor on a
TerraNova Structured Finance Group acted as sole placement agent for a
This lender finance facility provides Flow Capital with additional capacity for their successful venture debt portfolio. Acting as sole placement agent, TerraNova was able to source cost effective financing, while maintaining generous leverage for our client.
"I am very proud of what John Burns, head of our ABL effort, has accomplished over the past few months" stated Todd Coffin, Senior Managing Director of TerraNova, "He has increased both the volume and quality of financings being completed for TerraNova's clients in the ABL sector."
"Our focus on public companies, as well as private companies with quality reporting, along with our continual refinement of our underwriting standards has generated broader options for our clients and faster growth for TerraNova in the ABL sector", stated John Burns, Director of the ABL program.
About TerraNova Structured Finance:
TerraNova's Structured Finance Group focuses on debt financing and capital structure advice for middle market companies requiring refinancing, growth capital, lines of credit and structured and flexible debt facilities. The bankers in the Structured Finance Group have decades of experience in financing middle market transactions, providing debt structures that meet the needs and pricing requirements of their clients in a timely manner. For further information, please visit our website: www.terracap.com.
CONTACT: John Burns, jburns@terracap.com
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SOURCE TerraNova Capital Equities, Inc.
FAQ
How much financing did Inuvo (INUV) secure in November 2024?
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