Flow Capital Announces the Buyout of Its Investment in Spiridon Technologies Ltd
Retrieved on:
Thursday, April 8, 2021
TORONTO, April 08, 2021 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (Flow Capital or the Company) announces that Spiridon Technologies Ltd. (Spiridon) has agreed to a buyout of Flow Capitals royalty investment for US$425,000 in cash proceeds.
Key Points:
- TORONTO, April 08, 2021 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (Flow Capital or the Company) announces that Spiridon Technologies Ltd. (Spiridon) has agreed to a buyout of Flow Capitals royalty investment for US$425,000 in cash proceeds.
- The team at Spiridon is bringing together a number of relevant technologies and is building a strong business.
- Flow Capital is glad to have been a part of their growth, and we wish them well in their next phase, said Alex Baluta, CEO Flow Capital.
- Flow Capital Corp. is a diversified alternative asset investor, specializing in providing minimally dilutive capital to high-growth businesses.