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The latest update is out from Hampton Financial ( (TSE:HFC) ).
Hampton Financial Corporation has completed a non-brokered private placement of debentures totaling $3 million, with a maturity of five years and an annual interest rate of 11%. The proceeds will be used to retire a maturing convertible debenture and for general corporate purposes, impacting the company’s financial flexibility and operational capabilities.
More about Hampton Financial
Hampton Financial Corporation is a private equity firm focused on building shareholder value through strategic investments. Its subsidiary, Hampton Securities Limited, offers family office, wealth management, institutional services, and capital markets activities. The company also provides investment banking services, including capital raising and mergers and acquisitions advice, and offers commercial financing services through its subsidiary Oxygen Working Capital.
Average Trading Volume: 4,750
Technical Sentiment Signal: Sell
Current Market Cap: C$21.24M
For an in-depth examination of HFC stock, go to TipRanks’ Stock Analysis page.