Welcome to our dedicated page for LEGION CAP news (Ticker: LGCP), a resource for investors and traders seeking the latest updates and insights on LEGION CAP stock.
Legion Capital Corporation (LGCP) is a specialized lender offering growth capital to small and medium-sized operators and real estate developers. With a focus on bridge funding, acquisition finance, development, and growth capital, Legion Capital addresses an underserved segment of small business lending. Legion's latest achievement includes the approval of a $75 million Regulation A, Tier II Bond and Preferred Stock offering by the Securities and Exchange Commission. The company is committed to providing alternative investment solutions for investors and meaningful growth capital for real estate development lending. Legion's diversified equity and debt investment products serve investors and financial representatives, offering attractive yields, non-correlation to traditional financial markets, and defined liquidity dates. Through strategic capital deployment and collateralized real estate development loans in Central Florida and other key markets, Legion Capital continues to expand its capital base, demonstrating substantial growth potential and financial stability.
Legion Capital (OTCQB: LGCP) has authorized a repurchase program for up to 2 million shares of its common stock, effective October 18, 2021. The program aims to reflect the company's confidence in its long-term value, as stated by Chairman James Byrd. The repurchase will draw from the company's available cash, which was approximately $4.964 million as of June 30, 2020. The company retains the flexibility to adjust the number of shares bought back based on market conditions and operational needs.
Legion Capital Corporation (OTCQX: LGCP) announced profitable mid-year results for 2021, reporting an operating profit of $13,390, a significant turnaround from a loss of $183,979 a year prior. Income increased by 22% to approximately $1.66 million. Total assets rose by 35% to over $19.4 million, while cash on hand surged from $1.227 million to over $4.964 million. Shareholder equity also experienced substantial growth, increasing from $248,000 to over $3.829 million. The company successfully sold about $24 million of its $40 million Regulation A+ bond offering.
Legion Capital (Ticker Symbol: LGCP) announced its participation in a live presentation at VirtualInvestorConferences.com on October 7, 2021, at 11:30 AM ET. The event allows real-time questions from investors, with an archived webcast available post-event. Founded by Jim Byrd and Shane Hackett, Legion Capital focuses on specialized business lending to small and medium-sized companies, providing crucial funding for early-stage financing in varied sectors. The company aims to fill the gap left by banks in supporting entrepreneurial ventures.
Legion Capital Corporation (OTCQX:LGCP) announced that Chairman James Byrd will present at VirtualInvestorConferences.com on July 8, 2021. The presentation will focus on trends and growth opportunities in the specialized lending sector. Recent highlights include achieving profitability in Q1 2021 and qualifying a $40 million Reg A offering. Investors can engage in real-time Q&A during the event, with an archived webcast available afterwards. Pre-registration is advised for optimal participation.
Legion Capital Corporation (OTCQX:LGCP) announced a free webinar on June 24, 2021, at 1:00 p.m. ET, hosted by CTO J. Bradley Hilton. The session will cover the impact of FinTech on investing, real estate, and blockchain. Hilton, who has an extensive background in technology and business growth, emphasized the importance of innovation for long-term success. The company specializes in business lending, providing customized growth capital solutions to small and medium-sized enterprises. The webinar aims to share insights into Legion's technology strategy.
Legion Capital Corporation (OTCQX:LGCP), a specialized business lender, will attend the 2021 Money Show from June 10-12 in Orlando, FL. The company aims to connect with investors and stakeholders through one-on-one meetings with CEO James Byrd and CTO J. Bradley Hilton, along with site visits of its real estate investments in Central Florida. Legion Capital focuses on providing tailored financial solutions to small and medium-sized businesses, enhancing access to bridge funding and growth capital in an underserved market.
Legion Capital (OTCQX:LGCP) reported unaudited financial results for Q1 2021, achieving record revenue of $819,825, a 55.3% increase year-over-year, alongside a quarterly profit of $11,165. The company's chairman, James Byrd, expressed satisfaction over achieving profitability as a public entity. Legion Capital aims to capitalize on growth opportunities in the Greater Central Florida area. An annual shareholder meeting is scheduled for June 15, 2021, with registration available online.
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