Grow Capital, Inc. announced that it has received $0.2 million in funding
August 31, 2019
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On August 1, 2019, Grow Capital, Inc. (OTCPK:GRWC) closed the transaction. The company has entered into a securities purchase agreement with two individual accredited investors to issue 1,215,278 common shares for gross proceeds of $200,000 pursuant to Regulation D. The purchase agreements contain customary representations, warranties and covenants of the parties. The company issued securities pursuant to registration under Section 4(a)(2) of the Securities Act of 1933, as amended in the Securities Act and Rule 506(b) under Regulation D.
Grow Capital, Inc. is a software, technology and financial services holding company. The Company identifies, acquires, and incubates upstarts in the financial technology sector (FinTech) to provide its shareholders access to investment opportunities in small and medium-sized businesses. The Companyâs segments include Bombshell Technologies and Corporate, PERA and Appreciation. Bombshell Technologies and Corporate segment provides software which delivers customized back-office compliance, multi-pay commission processing, and new client application submission system, along with digital engagement marketing services centric to financial services. PERA segment provides leads for insurance agents to connect retirement professionals and public employees to trusted insurance advisors. Appreciation segment provides full-service retirement planning. The Companyâs subsidiaries include Resort at Lake Selmac, Inc. and Bombshell Technologies, Inc.