Favo Capital, INC
Market Movers (8-K)
Stewards, Inc. announced the closing of a $5.0 million secured convertible note financing and the refinancing of its multifamily property, Block 40 / 1818 Park, with a $69 million senior loan and a $10 million mezzanine loan.
Capital raise
New Public Companies (S-1)
This document details a loan agreement between Block 40 Property, LLC and Deutsche Bank AG, New York Branch, outlining terms for an $84 million loan facility.
Stewards, Inc. (formerly Favo Capital, Inc.) has filed an S-1/A amendment with the SEC to register for resale up to 20,621,250 shares of its common stock by selling stockholders.
Capital raise
Worse than expected
Stewards, Inc. (formerly Favo Capital, Inc.) filed Amendment No. 3 to its Form S-1/A, detailing the resale of up to 20,621,250 shares of common stock by selling stockholders.
Capital raise
Worse than expected
Stewards Inc. filed an S-1/A, outlining its diversified financial services model, recent real estate acquisition, and digital asset integration plans amidst ongoing net losses and substantial debt.
Delay expected
Worse than expected
Capital raise
Stewards Inc. expands into real estate and digital assets, reporting continued losses while pursuing a Nasdaq uplisting and affiliate-backed financing.
Worse than expected
Delay expected
Capital raise