FORT LAUDERDALE, FL / ACCESSWIRE / June 18, 2024 / FAVO Capital, Inc. (OTC PINK:FAVO), a leading provider of alternative financing solutions, is pleased to announce the engagement of EF Hutton to act as lead underwriter, deal manager and investment banker in preparation for the Company’s proposed firm commitment public offering and application to the NASDAQ.
EF Hutton, with its extensive experience and proven track record in investment banking, will provide investment banking services to FAVO Capital, Inc. The partnership aims to enhance FAVO’s capital structure, uplist to a major exchange, explore potential acquisitions, and drive overall growth.
Vincent Napolitano, FAVO Capital’s CEO stated, “We are excited to align ourselves with EF Hutton, a trusted name in investment banking. Mr. Napolitano continued, “This engagement marks a significant milestone for FAVO, and we believe that having our securities traded on the NASDAQ will enable us to broaden our global exposure and give us access to a larger base of investors worldwide.
Shaun Quin, FAVO Capital President added, “We believe that a listing to the Nasdaq will provide current investors with additional liquidity and prospective investors with better access to participate in our growth and expansion.”
No assurance can be given as to the outcome or timing of these efforts. The Company does not intend to make any further announcements concerning this process unless and until the Company determines that disclosures are necessary and appropriate.
More About FAVO Capital, Inc.
FAVO Capital, Inc. (FAVO: OTC Markets) 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. “FAVO” is “Honeycomb” in Latin – The Honeycomb (Hexagon) is the most efficient shape in the universe. FAVO intends to be Efficient, Flexible & Durable.
For more information visit: www.favocapital.com
More about EF Hutton LLC
EF Hutton LLC is an investment bank headquartered in New York, NY that provides strategic advisory and financing solutions to middle market and emerging growth companies. EF Hutton has a proven track record of providing exceptional strategic advisory to clients across the globe in any sector, with unique access to capital from the USA, Asia, Europe, UAE, and Latin America. EF Hutton continues to be a leader on Wall Street, having contributed to deal closings in an aggregate transaction value of over $18.0 billion across more than 270 transactions through a variety of product types.
For more information visit: www.efhutton.com
