14:31:55 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Flow Capital Corp (2)
Symbol FW
Shares Issued 32,089,863
Close 2023-12-28 C$ 0.49
Market Cap C$ 15,724,033
Recent Sedar Documents

Flow Capital receives $6M (U.S.) Echobox repayment

2024-01-04 15:31 ET - News Release

Mr. Alex Baluta reports

FLOW CAPITAL ANNOUNCES REPAYMENT OF ECHOBOX INVESTMENT

Flow Capital Corp. has been repaid its $6-million (U.S.) ($7,935,600) investment in Echobox Ltd.

Echobox is a fast-growing, research-focused company offering publishers of all sizes the most advanced technologies to help automate and optimize their content. Its technology currently publishes over 10 million pieces of content and reaches billions of readers each year.

"We were thrilled to be a partner with them on their growth journey and to provide them the capital needed to accelerate their growth," said Alex Baluta, chief executive officer of Flow Capital. "With the help of our capital, companies are able to execute on their growth plans and avoid taking on excessively dilutive financing. We are glad we had the opportunity to partner with the team at Echobox and we wish them continued success and growth in the future," Mr. Baluta continued.

"We remain committed to identifying and supporting high-performing companies. The capital returned from the Echobox investment will be reinvested into new opportunities, in pursuit of interest income and warrant-based equity gains, creating more value for Flow Capital shareholders," said Mr. Baluta.

Flow Capital invites growing technology companies, seeking covenant light founder-friendly growth capital, to apply for financing directly on its website.

About Flow Capital Corp.

Flow Capital is a diversified alternative asset investor and adviser, specializing in providing minimally dilutive capital to emerging growth businesses.

47 Colborne Street, Suite 303,

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