With plans to use these proceeds for acquisitions, jumpstart the Coyni stable coin custodial revolver and apply additional working capital toward the Company’s future growth, this is a significant milestone in executing the Company’s growth plans.
The note will mature 24 months from the closing date, with the initial conversion price equal to over an 80% premium to the market price of the Company’s common stock on October 29th, 2021. EF Hutton, division of Benchmark Investments, LLC, is acting as the exclusive placement agent or the offering.
“The fintech sectors is exploding, and GreenBox has a unique ability to stay ahead of the curve by continually developing customized payment solutions, improving upon traditional processes that are backed by proprietary blockchain ledger technology,” says Peter Goldstein, Chief Executive Officer, Exchange Listing. “With their solid management team and this financing secured, GreenBox has an exciting future ahead.”
“Our partner at Exchange Listing provided valuable analysis of the opportunities laid out for the company, “ explains Ben Errez, Chairman, GreenBox POS. “their superb insights, expertise and professional connections assisted in making the right choices for us.”
Exchange Listing provides companies with cost-effective and efficient direct access to one-stop solutions in the strategic planning and implementation of listing and uplisting on senior exchanges such as the Nasdaq or NYSE. Focusing on company-specific structuring to meet listing requirements, Exchange Listing serves as the primary point of contact with the exchange, investment bankers and lawyers throughout the listing process. With extensive experience in investment banking, securities law, corporate governance and business management, Exchange Listing and it strategic partners facilitates clients’ listing and capital market objectives.
About Exchange Listing
Exchange Listing provides growth companies with direct access to a one-stop solution in the strategic planning and implementation of listing on a senior exchange such as NASDAQ or NYSE in a cost effective and efficient process. We assist clients in going public whether through an initial public offering, listing from another marketplace, merger or direct offering. We serve as the primary point of contact with the exchange, investment bankers, lawyers and other service providers. Our founders, strategic partners and advisors are entrepreneurs with backgrounds in investment banking, securities law, corporate governance and business management and have served as officers and directors of public and private companies. We pride ourselves in taking a hands-on role with our clients throughout the listing process.
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