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Firm Capital Secures $22 Million in Share Offering

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Firm Capital Secures $22 Million in Share Offering

Firm Cap Mortgage Invest (TSE:FC) has released an update.

Firm Capital Mortgage Investment Corporation successfully closed a $22 million financing deal through the sale of common shares, which will be used to repay existing debts. This transaction was managed by a consortium of underwriters, emphasizing the company’s ongoing efforts to manage its capital and enhance shareholder value through strategic financial movements.

For further insights into TSE:FC stock, check out TipRanks’ Stock Analysis page.

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