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SOL Global Investments Corp. is a diversified international investment and private equity holding company with key business segments in electric mobility, digital asset technology, esports & gaming, new age wellness, and residential commercial real estate. The Company has investments in innovative companies like Damon Motors Inc., Tevva Motors Ltd., Kiwi Campus Inc., Navier, Core Scientific, Andretti Acquisition Corp., and Build a Rocket Boy. SOL Global is focused on supporting the growth and success of its portfolio companies across various industries.
SOL Global Investments Corp. has successfully reduced its credit facility from
SOL Global Investments Corp. has announced a reduction in its credit facility from
SOL Global Investments Corp. (CSE: SOL, OTCQ: SOLCF) announced on March 4, 2022, the sale of 170,000 common shares of KWESST Micro Systems Inc. Following this transaction, SOL Global's stake in KWESST fell to approximately 9.95%, down from 10.29%. As a result, SOL Global is no longer obligated to file early warning reports under National Instrument 62-103 unless its holding exceeds 10% again. The filing delay was due to an administrative error. SOL Global operates in various sectors including retail, agriculture, and media technology.
SOL Global Investments Corp. has reduced its credit facility from
SOL Global Investments Corp. announced on February 3, 2022 the disposal of 1,300,000 Common Shares of Atmofizer Technologies Inc., reducing its holding to less than 10% of the issued shares. Prior to this disposition, SOL owned 7,139,200 Common Shares, constituting 10.30% of Atmofizer. Following the transaction, SOL holds 5,839,200 Common Shares and 1,299,999 Warrants, approximately 8.71% of the issued shares on a partially diluted basis. SOL Global is no longer obligated to file early warning reports unless its ownership surpasses 10% again.
SOL Global Investments Corp. has successfully reduced its credit facility from
The company acknowledges that forward-looking information is subject to inherent risks and uncertainties, regarding its ability to maintain repayment schedules and service existing debt.
SOL Global Investments Corp. has successfully repaid $2.5 million towards its $50 million credit facility, reducing the principal to $32.5 million. This repayment highlights the company’s commitment to managing its debt responsibly. SOL Global plans to continue these regular principal payments, which is a positive step towards improving its financial stability. The company emphasizes ongoing updates regarding the Credit Facility, reassuring stakeholders about its repayment strategy.
SOL Global Investments Corp. (CSE: SOL, OTCQ: SOLCF) announced the acquisition of 62,500 common shares of Atmofizer Technologies Inc. (ATMO) on December 20, 2021, at an average price of CAD$2.618 per share. This transaction increased SOL Global's ownership in ATMO from 8.34% to 8.42% on a non-diluted basis. SOL Global also holds 1,299,999 warrants, allowing for potential ownership of 10.00% of ATMO shares if exercised. The company's investment strategy remains flexible, with intentions to adjust holdings based on market conditions.
SOL Global Investments Corp. has reduced its credit facility from
SOL Global Investments Corp. has successfully repaid an additional
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