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D. Boral Capital Facilitates FAVO Capital's $2.0M Private Placement

Eli GrantMonday, Dec 16, 2024 9:23 am ET
4min read


FAVO Capital, Inc. (OTC PINK:FAVO), a leading provider of alternative financing solutions in the Private Credit Sector, has successfully raised $2.0 million through a private placement led by D. Boral Capital. The investment bank, known for its strategic advisory and financing solutions, served as the exclusive placement agent for FAVO Capital's offering. This article explores the significance of this transaction and the strategies employed by both parties to attract investors.

D. Boral Capital's extensive network and expertise played a pivotal role in attracting investors to FAVO Capital's private placement. By leveraging its unique access to capital from various regions, including the USA, Asia, Europe, UAE, and Latin America, D. Boral Capital was able to connect FAVO Capital with investors who might not have otherwise been accessible. Additionally, D. Boral Capital's proven track record in providing exceptional strategic advisory to clients across the globe likely contributed to investors' confidence in FAVO Capital's prospects.

The private placement involved the issuance of 8,000,000 shares of common stock and warrants to purchase up to 8,000,000 shares of common stock at a purchase price of $0.25 per share and accompanying warrant. The gross proceeds were expected to be approximately $2.0 million before deducting the placement agent's fees and other estimated offering expenses. The warrants were immediately exercisable from the date of issuance at an initial exercise price of $0.40 per share, subject to adjustments as set forth therein, and will expire five years from the date of issuance. This investment product offered investors the opportunity to participate in FAVO Capital's growth and expansion in the alternative finance sector, while also providing potential upside through the exercise of the warrants.

FAVO Capital intends to allocate the raised funds to drive growth and improve its financial position. The company is a rapidly growing alternative finance company that offers personalized solutions to emerging, small, and medium-sized businesses. FAVO Capital aims to be efficient, flexible, and durable, with a focus on long-term growth and sustainability. The raised funds will be used to expand the company's offerings, invest in technology and infrastructure, and strengthen its balance sheet. FAVO Capital is committed to growing as a dominant player in the Private Credit Sector and achieving its NASDAQ uplisting goal.

To enhance its chances of achieving a NASDAQ uplisting, FAVO Capital may employ several strategies. These include strengthening financial performance, diversifying revenue streams, enhancing corporate governance, building strategic partnerships, improving market visibility, and addressing regulatory requirements. By implementing these strategies, FAVO Capital can enhance its chances of achieving a NASDAQ uplisting and unlocking new opportunities for growth.

In conclusion, D. Boral Capital's role as the exclusive placement agent for FAVO Capital's private placement has facilitated the company's growth and expansion in the alternative finance sector. The investment bank's extensive network and expertise, combined with FAVO Capital's compelling investment opportunity, attracted investors to the private placement. As FAVO Capital continues to grow and improve its financial position, it is well-positioned to achieve its long-term goals, including a NASDAQ uplisting.


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