Trending...
- Speranza Dental Implant Centers Opens Their First Location
- Pikmykid Partners with Vivi to Enhance School Emergency Communication and Safety
- New Frontier Aerospace Successfully Tests Its Revolutionary Mjölnir Rocket Engine
RENO, Nev. - nvtip -- NFiniTi Inc. (OTC Pink: NFTN), a Nevada-based corporation, today announced the execution of a $20 million Equity Line of Credit (ELOC) Agreement with RH2 Equity Partners, a Delaware limited partnership, effective May 20, 2025. This agreement provides NFiniTi with flexible access to capital over a two-year commitment period to support its strategic growth objectives.
Agreement Details
Under the ELOC, NFiniTi may, at its discretion, issue and sell up to $20 million of newly issued common stock shares to RH2 Equity Partners, subject to a maximum issuance of 19.99% of the company's outstanding shares without shareholder approval. The purchase price will be based on market conditions, with Rapid Purchase Notices priced at 50% of the lowest intraday trade price or VWAP Purchase Notices at 60% of the lower of the lowest closing or average daily trading price over a specified pricing period.
Leadership Perspective
"This Equity Line of Credit equips NFiniTi with a strategic tool to access capital efficiently, empowering us to advance our business strategy and seize growth opportunities," said Brian Johnston, Chief Executive Officer of NFiniTi Inc. "We are grateful for RH2 Equity Partners' confidence in our vision and their commitment to supporting our growth."
More on nvtip.com
Transaction Terms
The ELOC is supported by a Registration Rights Agreement, requiring NFiniTi to file a Form S-1 Registration Statement within 30 days to register the resale of shares issued under the agreement. The transaction includes provisions to ensure compliance with securities laws and to maintain NFiniTi's listing on the OTC Pink Market.
Contact Information
For further details, please contact:
NFiniTi Inc.
80 W. Liberty Street, Suite 880
Reno, NV 89501
About NFiniTi Inc.
NFiniTi Inc. is a Nevada-based corporation focused on innovative solutions in the Ready to Drink Alcoholic Beverage Industry. Quoted on the OTC Pink Market under the symbol "NFTN," the company is dedicated to driving growth and delivering value to its stakeholders.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws. These statements, which are not historical facts, are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially. NFiniTi undertakes no obligation to update these statements except as required by law.
Agreement Details
Under the ELOC, NFiniTi may, at its discretion, issue and sell up to $20 million of newly issued common stock shares to RH2 Equity Partners, subject to a maximum issuance of 19.99% of the company's outstanding shares without shareholder approval. The purchase price will be based on market conditions, with Rapid Purchase Notices priced at 50% of the lowest intraday trade price or VWAP Purchase Notices at 60% of the lower of the lowest closing or average daily trading price over a specified pricing period.
Leadership Perspective
"This Equity Line of Credit equips NFiniTi with a strategic tool to access capital efficiently, empowering us to advance our business strategy and seize growth opportunities," said Brian Johnston, Chief Executive Officer of NFiniTi Inc. "We are grateful for RH2 Equity Partners' confidence in our vision and their commitment to supporting our growth."
More on nvtip.com
- $10,000 Buy-In WSOP Main Event Giveaway + More with Jamie Gold and MyStandard
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- Battery Coin Ignites $5B Token Presale to Power Bitcoin Ethical AI and Hemp Battery
- Generative Engine Optimization (GEO) by Emanuel Rose Earns Top 25 Ranking on Amazon
Transaction Terms
The ELOC is supported by a Registration Rights Agreement, requiring NFiniTi to file a Form S-1 Registration Statement within 30 days to register the resale of shares issued under the agreement. The transaction includes provisions to ensure compliance with securities laws and to maintain NFiniTi's listing on the OTC Pink Market.
Contact Information
For further details, please contact:
NFiniTi Inc.
80 W. Liberty Street, Suite 880
Reno, NV 89501
About NFiniTi Inc.
NFiniTi Inc. is a Nevada-based corporation focused on innovative solutions in the Ready to Drink Alcoholic Beverage Industry. Quoted on the OTC Pink Market under the symbol "NFTN," the company is dedicated to driving growth and delivering value to its stakeholders.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws. These statements, which are not historical facts, are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially. NFiniTi undertakes no obligation to update these statements except as required by law.
Source: NFiniTi Inc.
0 Comments
Latest on nvtip.com
- Rebels Wireless Inc. Launches iPhone Buying Service in Las Vegas dba "Sell iPhone
- Suzanne Harp named Managing Director in Texas, USA
- $10 Million Acquisition of GXR World Sports Assets Energizes Global Launch of Sports.com Super App by Online Lottery-Sports Game Provider: Lottery.com
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Investor Spotlight: Cycurion, Inc. (N A S D A Q: CYCU) Secures $69M in Contracts Amid Surging Demand for AI-Powered Cybersecurity Solutions
- $328 Million Global Stroke Rehab Market Opportunity Awaits AI Telehealth Leader Following Selection for NIH Funded Phase 3 Clinical Study: VSee Health
- Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities: ASTI
- VoodooSoft Unveils SiriusLLM: The World's First ChatGPT-Like AI Malware Detection Engine
- This Ain't Press. This Is Pressure — Star Command by RansomXX is Out Now
- An Exclusive VIP Reception Honoring Vocal Prodigy Alliana Lili Yang's Remarkable Achievements and Magazine Cover Spotlight
- Joyce Carol Oates Returns to Hard Case Crime With DOUBLE TROUBLE
- New AI Academy Helps Therapists Embrace Tech Without Losing Their Humanity
- IQSTEL Surges Toward $400M Run Rate with $101.5M in Revenue—Reinforces Billion-Dollar Vision Backed by Fintech, AI, and Cybersecurity
- Alpha Modus Files 7th IP Action Against Rackspace Following $3M CEO Investment and Strategic Partnership Expansion
- Mortgage Rates And Demand Are Stuck In A Holding Pattern
- Coker Completes Acquisition of Healthcare Cost Solutions, a Leading Expert in Technology-Enabled Compliance Services
- Keepy Uppy™ by Ollyball Wins Prestigious 2025 Influencer Award from Clamour & The Toy Association; Announces Fall 2025 Launch at Target Stores
- K2 Integrity's U.S. and EMEA Teams Recognized in Chambers and Partners 2025 Guides
- A rare chance to own a multi-family property in the heart of Bay Ridge
- Kia President and CEO Ho Sung Song honored at 2025 Autocar Awards