Hyped about $LVT receiving $12M in financing! Yesterday, Levitee Labs ($LVT $LVT.c $LVTTF) announced it entered into a financing agreement up to $12M for further business expansion!
- Secured loan facility arranged by RiverFort Global Capital with the loan from RiverFort Global opportunities
- Proceeds will be utilized to support $LVT's prospective future acquisitions of several assets in the clinic, pharmacy and mental health space, as well as for working capital purposes
This financing from RiverFort is reflective of confidence in their strategy and in the acquisitive growth potential of $LVT
Plus, RiverFort CEO cites $LVT's proven cash generative model with the ability to expand additional working and operational capital as their reason for investing into $LVT.
https://leviteelabs.com/levitee-labs-enters-into-credit-facility-for-up-to-12-million/