D. Boral Capital Served as Exclusive Placement Agent to FAVO Capital, Inc. (OTC Pink: FAVO) in connection with its $2.0 Million Private Placement
Summary
Pursuant to a registration rights agreement with the investors, the Company has agreed to file one or more registration statements with the Securities and Exchange Commission (the "SEC") covering the resale of the shares of common stock and the shares issuable upon exercise of the warrants.Vincent Napolitano, FAVO Capitals CEO, stated, "We are pleased with the initial response we have had from investors through D. Boral Capital, a trusted name in investment banking." "Shaun Quin, FAVO Capital President, added, "We believe this significant milestone is testament to the efforts on the entire team. "This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.More About FAVO Capital, Inc.FAVO Capital, Inc. (OTC PINK:FAVO) is a rapidly growing alternative finance company headquartered in Fort Lauderdale, FL. The Company offers personalized alternative finance solutions to emerging, small, and medium-sized businesses. Boral Capital is an investment bank headquartered in New York, NY that provides strategic advisory and financing solutions to middle market and emerging growth companies.