Flow Capital Announces Early Repayment of KOVO HealthTech Investment
TORONTO, April 24, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces the early repayment of its investment in KOVO HealthTech Corporation (“KOVO”).
- TORONTO, April 24, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces the early repayment of its investment in KOVO HealthTech Corporation (“KOVO”).
- Kovo repaid Flow Capital’s loan investment of US$1,500,000 (C$2,020,350).
- In addition to the return of the principal invested, Flow also received prepayment fees of approximately US$159,452 (C$214,766).
- Flow Capital invites growing technology companies, seeking covenant light founder-friendly growth capital, to apply for funding directly on their website at www.flowcap.com/apply .