San Francisco - February 18, 2016 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQB: MERR), and The Betty Mills Company ("Betty Mills") are pleased to announce that Merriman is assisting Betty Mills in a private offering to raise $5,000,000 through the Digital Capital Network ("DCN"). With the DCN, Betty Mills will be able to directly offer the investment opportunity to their client base through general solicitation. By specifically targeting their clients, Betty Mills can offer their customers an opportunity to become owners in the company.
"We are excited to launch our first General Solicitation transaction with The Betty Mills Company using our DCN to facilitate distribution," commented Jon Merriman, CEO of Merriman Capital. "The company has built a very strong online business and looks to be poised for even more rapid growth given their range of products in health care. Their broad customer base also makes them an ideal candidate for a general solicitation transaction."
About Betty Mills Betty Mills is an e-commerce retailer and one of America's leading suppliers in the cleaning, sanitary and medical supply categories. The Company is listed on the Internet Retailers Top 1,000 ecommerce websites in the U.S., and is ranked number 195 of the Top 500 Business-to-Business (B2B) Internet Retailers.
The Company is uniquely positioned to become the leading online retailer of Cleaning, Sanitary and Medical Supplies and currently serves customers in health care markets, corporate, education and government agencies with approximately 180,000 products.
About Merriman Capital, Inc. Merriman Capital, Inc. ("MC") is a full service investment bank and broker-dealer providing comprehensive advisory, fund raising and M&A services for fast growing public and private companies, and equity and options executions services to sophisticated investors. The firm is also a leader in providing entrepreneurial, independent investment banking teams with a compliant, flexible and highly collegial platform. Merriman Capital facilitates capital formation through its proprietary digital network (
http://www.digitalcapitalnetwork.com - the "DCN"), a private placement marketplace that enables highly targeted, diligent and compliant execution of transactions primarily targeted toward Family Offices.
Merriman Capital, Inc. is the wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQB: MERR).The Digital Capital Network, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. All securities are offered through Merriman Capital, Inc., a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/
Note to Investors This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2015. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2015, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com.
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At Merriman: Adriana Piltz
Chief Operating Office
(646) 292-1424
apiltz@merrimanco.com
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
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