Gravitas Financial Inc.

Recent News

  • Gravitas Announces New Interim Chief Financial Officer

    Toronto, Ontario--(Newsfile Corp. - November 29, 2019) - Gravitas Financial Inc. (CSE: GFI) ("Gravitas" or the "Company"), is pleased to announce the appointment of Mr. Yongbiao Ding as Interim Chief Financial Officer effective today November 28, 2019.Forward-looking Statements.Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events or our future performance and, in certain cases, can be identified by the use of words such as "will", "shall", "could" occur, or the negative forms of any...

    2019-11-29 8:48 PM ET
  • Gravitas Announces Closing of Previously Announced New India Investment Corp. Transaction

    Toronto, Ontario--(Newsfile Corp. - November 13, 2019) - Gravitas Financial Inc. (CSE: GFI) Further to its news release dated September 29, 2019, Gravitas Financial Inc. ("Gravitas") announces that Gravitas has closed its previously announced transaction relating to the sale of all of its interest in New India Investment Corp. (the "Company"), being 100 common shares (the "Purchased Securities") and certain indebtedness owing by the Company to Gravitas in the amount of approximately $1,265,843 (the "Purchased Indebtedness") pursuant to...

    2019-11-13 2:19 AM ET
  • Gravitas Provides Clarification Regarding New India Transaction

    Toronto, Ontario--(Newsfile Corp. - November 8, 2019) - In connection with Gravitas Financial Inc.'s (CSE: GFI) ("Gravitas") previously announced sale (the "New India Transaction") of all of its interest in New India Investment Corp. to Principle Capital Partners Corporation ("Principle"), Gravitas wishes to disclose that Vikas Ranjan, a director and President of Gravitas, is also a director of Pr

    2019-11-08 2:58 AM ET
  • Gravitas Announces Closing of Previously Announced Transaction

    Toronto, Ontario--(Newsfile Corp. - November 5, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated September 27, 2019, Gravitas Financial Inc. ("Gravitas") announces that Gravitas Financial Services Holdings Inc., a wholly owned subsidiary of Gravitas, has closed its previously announced transaction relating to the sale of all of its interest in Portfolio Analysts Inc., being 80 Class "B" common shares and 800 Class "C" preferred shares (the "Purchased Securities") pursuant to a securities purchase agreement with...

    2019-11-05 11:47 PM ET
  • Gravitas Announces Voting Results for Annual General and Special Meeting and Resignation of CFO

    Toronto, Ontario--(Newsfile Corp. - October 29, 2019) - Gravitas Financial Inc. (CSE: GFI) ("Gravitas" or the "Company") is pleased to announce the following voting results from the Company's annual general and special meeting of shareholders (the "Meeting") held in Toronto, Ontario on October 29, 2019. At the Meeting. each of Vishy Karamadam, Vikas Ranjan, Yongbio (Winfield) Ding, Lawrence Xing, and Brent Houlden were unanimously elected as directors of the Company and MNP LLP was appointed as the auditors of the...

    2019-10-29 10:11 PM ET
  • Gravitas Announces Definitive Agreement Regarding the Sale of Securities in Gravitas Ilium Corp.

    Toronto, Ontario--(Newsfile Corp. - October 18, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated May 28, 2019 announcing the entering into of an accommodation agreement (the "Accommodation Agreement") and related sale and investment solicitation process ("SISP"), Gravitas Financial Inc. ("Gravitas") announces that it has entered into a share purchase agreement effective October 11, 2019 (the "Purchase Agreement") with Ilium Capital Corp. ("Ilium") pursuant to which Ilium will acquire from Gravitas: (i) the issued and outstanding...

    2019-10-18 10:51 PM ET
  • Gravitas Announces Definitive Agreement Regarding the Sale of certain Indebtedness

    Toronto, Ontario--(Newsfile Corp. - October 18, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated May 28, 2019 announcing the entering into of an accommodation agreement (the "Accommodation Agreement") and related sale and investment solicitation process ("SISP"), Gravitas Financial Inc. ("Gravitas") announces that it has entered into a purchase agreement (the "Purchase Agreement") with The Canadian Family Office Network Ltd. ("CFON") pursuant to which CFON will acquire from Gravitas and Gravitas' wholly-owned subsidiary, Global Compliance Network...

    2019-10-18 10:47 PM ET
  • Gravitas Announces Definitive Agreement Regarding the Sale of its Interest in New India Investment Corp.

    Toronto, Ontario--(Newsfile Corp. - September 29, 2019) - Gravitas Financial Inc. (CSE: GFI): Further to its news release dated May 28, 2019 announcing the entering into of an accommodation agreement (the "Accommodation Agreement") and related sale and investment solicitation process ("SISP"), Gravitas Financial Inc. ("Gravitas") announces that it has entered into a share purchase agreement (the "Purchase Agreement") with Principle Capital Partners Corporation ("Principle Capital") pursuant to which Principle Capital will acquire from Gravitas all of its indirect interest in...

    2019-09-29 9:22 PM ET