Mr. Peter Deeb reports
HAMPTON AGREES TO ISSUE SHARES FOR DEBT
Hampton Financial Corp. has reached agreements to settle all obligations under Hampton debentures in the aggregate principal amount of $4-million and to settle a quarterly interest payment under Hampton debentures in the aggregate principal amount of $5.2-million in exchange for the issuance to the debentureholders of subordinate voting shares of Hampton at the deemed price of 40 cents per share. Hampton expects that the debt settlement transactions will close on or before Dec. 31, 2025, and would result in the issuance of an aggregate of 10,528,141 subordinate voting shares to the debentureholders. The transactions are subject to the approval of the TSX Venture Exchange. This measure will serve to strengthen Hampton's balance sheet and reduce the cash cost of financing its operations. The company expects this to have a meaningful impact on 2026 results.
About Hampton Financial Corp.
Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments.
Through its wholly owned subsidiary, Hampton Securities Ltd. (HSL), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO (Canadian Investment Regulatory Organization) and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario and Quebec. In addition, the company, through HSL, provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad. HSL's corporate finance group provides early-stage, growing companies the capital they need to create value for investors. HSL continues to develop its wealth management, advisory team and principal-agent programs, which offer to the industry's most experienced wealth managers a unique and flexible operating platform that provides additional freedom, financial support and tax effectiveness as they build and manage their professional practices.
Through its wholly owned subsidiary, Oxygen Working Capital (OWC), the company offers factoring and other commercial financing services to clients across Canada.
The company is exploring opportunities to diversify its sources of revenue by way of strategic investments in both complementary business and non-core sectors that can leverage the expertise of its board and the diverse experience of its management team.
We seek Safe Harbor.
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