Lendified Provides Update on the Sale of Secured Assets
Toronto, Ontario--(Newsfile Corp. - January 18, 2023) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") announced today that, further to the Company's news releases dated November 23, 2022 and December 15, 2022, the Company has been advised by its secured creditors of the sale of the secured assets that were seized by such creditors under the Personal Property Security Act (Ontario) for gross proceeds of $1,470,703.98. Such assets largely consist of loan portfolios. Following the sale of such...
2023-01-18 6:11 PM EST
Lendified Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - December 15, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") announced today that, further to the Company's news release dated November 23, 2022, certain secured creditors of its wholly-owned subsidiaries, Lendified Privco Holding Corporation, Lendified Inc, Castle Return Inc. and WPCFP SPV Inc. (collectively, the "Subsidiaries"), will be appointing a receiver over all of the assets of the Subsidiaries and initiating proceedings under the Bankruptcy and Insolvency Act (Canada) and the Personal Property...
2022-12-15 3:32 PM EST
Lendified Reports Third Quarter Results
Toronto, Ontario--(Newsfile Corp. - November 28, 2022) - Lendified Holdings Inc. (TSXV: LHI) ("Lendified" or the "Company") is pleased to announce its financial results for the third quarter ended September 30, 2022. The Company's interim financial statements for the three and nine months ended September 30, 2022 and the related management discussion and analysis can be found under the Company's profile on www.sedar.com.ABOUT LENDIFIED HOLDINGS INC.Lendified, a company located in Ontario, Canada, is a Canadian company operating a lending platform...
2022-11-28 5:41 PM EST
Lendified Announces Receipt of Demand Letters and Notices of Enforcement of Security
Toronto, Ontario--(Newsfile Corp. - November 23, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") announced today that its wholly-owned subsidiaries, Lendified Privco Holding Corporation, Lendified Inc, Castle Return Inc. and WPCFP SPV Inc. (collectively, the "Subsidiaries"), have received demand letters of repayment (the "Demand Letters") dated November 22, 2022 and notices of intention to enforce a security (the "Notices") under section 244(1) of the Bankruptcy and Insolvency Act (Canada) (the "BIA") from certain secured creditors with respect...
2022-11-23 11:53 AM EST
Lendified Announces Resignation of Directors
Toronto, Ontario--(Newsfile Corp. - October 17, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") today announces that each of Mr. Peter Ostapchuk and Mr. Kevin Dane has informed the Company of their resignation from the Company's board of directors effective immediately. Lendified wishes to express its appreciation to Mr. Ostapchuk and Mr. Dane for their services to the Company and wishes them the best in their future endeavours.ABOUT LENDIFIED HOLDINGS INC. Lendified, a company located in Ontario,...
2022-10-17 8:21 AM EDT
Lendified Announces Advance Under Its Credit Facility
Toronto, Ontario--(Newsfile Corp. - September 15, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") is pleased to announce closing of an advance in the amount of $500,000 under the Company's non-revolving, secured term loan in the aggregate amount of up to $10,000,000 pursuant to a credit agreement entered into between the Company's wholly-owned subsidiary and certain lenders (the "Credit Facility"), as previously announced on April 5, 2021, May 14, 2021 and August 17, 2021. As of the...
2022-09-15 7:22 PM EDT
Lendified Reports Second Quarter Results
Toronto, Ontario--(Newsfile Corp. - August 30, 2022) - Lendified Holdings Inc. (TSXV: LHI) ("Lendified" or the "Company") is pleased to announce its financial results for the second quarter ended June 30, 2022. The Company's interim financial statements for the three and six months ended June 30, 2022 and the related management discussion and analysis can be found under the Company's profile on www.sedar.com.Business Highlights:During the quarter ended June 30, 2022, the Company originated $0.50 million in loans.The Company continued to...
2022-08-30 8:51 PM EDT
Lendified Announces Common Share Subscription Agreement with Investor
Toronto, Ontario--(Newsfile Corp. - August 17, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") is pleased to announce that it has entered into a Common Share Subscription Agreement (the "Subscription Agreement") with a third-party investor in the Company (the "Investor"). The Subscription Agreement allows the Company to issue and sell up to $10,000,000 of common shares in the capital of the Company (the "Common Shares"), not to exceed such number of Common Shares that would cause the...
2022-08-17 5:53 PM EDT
Lendified Announces Appointment of Director
Toronto, Ontario--(Newsfile Corp. - August 4, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") announces the resignation of Guy Charette as a director and chair of the board of directors of the Company (the "Board") and the appointment of Kevin Dane as a director of the Company, effective immediately. Chris Tambakis, a director of the Company, will succeed Mr. Charette as chair of the Board. The Board wishes to thank Mr. Charette for his service as chair...
2022-08-04 6:01 PM EDT
Lendified Reports First Quarter Results and Option and RSU Grant Proposal
Toronto, Ontario--(Newsfile Corp. - May 27, 2022) - Lendified Holdings Inc. (TSXV: LHI) ("Lendified" or the "Company") is pleased to announce its financial results for the first quarter ended March 31, 2022. The Company's interim financial statements for the three months ended March 31, 2022 and the related management discussion and analysis can be found under the Company's profile on www.sedar.com.First Quarter 2022 Highlights:During the quarter ended March 31, 2022, the Company originated $0.53 million in loans.The Company adopted an...
2022-05-27 7:05 PM EDT
Lendified Files Annual Financial Statements
Toronto, Ontario--(Newsfile Corp. - March 31, 2022) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) ("Lendified" or the "Company") announces it has filed its audited annual financial statements for the year ended December 31, 2021 (the "Financial Statements") and related management and discussion (the "MD&A"). The Financial Statements and MD&A can be found under the Company's profile on www.SEDAR.com.Business Highlights:The Company saw significant restructuring and investment throughout the year with debt restructuring completed in July and private...
2022-03-31 6:33 PM EDT
Lendified Announces Commencement of Trading on the OTC Pink Market and Adopts Equity Incentive Plan
Toronto, Ontario--(Newsfile Corp. - March 7, 2022) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that the Company has received notification from the Financial Regulatory Authority that its shares are qualified to commence trading on the OTC Pink Market in the United States under the symbol "LFHIF". Lendified will continue to trade on the TSX Venture Exchange under its existing symbol "LHI". The Company intends to pursue...
2022-03-07 7:30 AM EST
Lendified Announces Shareholder Meeting Results
Toronto, Ontario--(Newsfile Corp. - December 14, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that each of the resolutions put before the annual and special meeting of shareholders held on December 1, 2021 was passed by the requisite majority of shareholders.As described in the Company's management information circular dated November 3, 2021, Eoghan Bergin, Guy Charette, Perry Dellelce, Peter Ostapchuk and Chris Tambakis were elected as directors of...
2021-12-14 4:01 PM EST
Lendified Announces Advance Under Its Credit Facility
Toronto, Ontario--(Newsfile Corp. - November 30, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce closing of an advance in the amount of $500,000 under the Company's non-revolving, secured term loan in the aggregate amount of up to $10,000,000 pursuant to a credit agreement entered into between the Company's wholly-owned subsidiary and certain lenders (the "Credit Facility"), as previously announced on April 5, 2021, May 14, 2021 and August...
2021-11-30 5:39 PM EST
Lendified Reports Third Quarter Results
Toronto, Ontario--(Newsfile Corp. - November 29, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce its financial results for the third quarter ended September 30, 2021. The Company's interim financial statements for the three and nine months ended September 30, 2021 and the related management discussion and analysis can be found under the Company's profile on www.sedar.com.Third Quarter 2021 Financial HighlightsOn July 14, 2021, the Company announced closing of...
2021-11-29 7:38 PM EST
Lendified Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - October 25, 2021) - Lendified Holdings Inc. (formerly, Hampton Bay Capital Inc.) (TSXV: LHI) (the "Company" or "Lendified") is pleased to announce that the Company completed its previously announced non-brokered private placement offering of units of the Company ("Units") consisting of 6,000,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of $300,000 (the "Offering"). Each Unit is comprised of one common share (a "Share") in the capital of the Company and one...
2021-10-25 5:05 PM EDT
Lendified Announces Advances Under Its Credit Facility
Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - Lendified Holdings Inc. (formerly, Hampton Bay Capital Inc.) (TSXV: LHI) (the "Company" or "Lendified") is pleased to announce closing of advances in the amounts of $500,000 in September 2021 and $500,000 in October 2021 under the Company's non-revolving, secured term loan in the aggregate amount of up to $10,000,000 pursuant to a credit agreement entered into between the Company's wholly-owned subsidiary and certain lenders (the "Credit Facility"), as previously announced on April...
2021-10-20 5:55 PM EDT
Lendified Announces Extension of Private Placement
Toronto, Ontario--(Newsfile Corp. - October 14, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") announces that the Company has been granted an extension by the TSX Venture Exchange ("TSXV") to complete the previously announced non-brokered private placement of units of the Company ("Units") consisting of up to 8,000,000 units (the "Units") at a price of $0.05 per Unit, for aggregate gross proceeds to Lendified of up to $400,000 (the "Offering"), as announced...
2021-10-14 5:43 PM EDT
Lendified Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - September 1, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that it intends to offer for sale, on a non-brokered private placement basis, units of the Company ("Units") consisting of up to 8,000,000 units (the "Units") at a price of $0.05 per Unit, for aggregate gross proceeds to Lendified of up to $400,000 (the "Offering"). Each Unit will be comprised of one common share...
2021-09-01 5:05 PM EDT
Lendified Reports First Profitable Quarter, Appointment of CEO and Option Grants
Toronto, Ontario--(Newsfile Corp. - August 30, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce its financial results for the second quarter ended June 30, 2021. The Company's interim financial statements for the three and six months ended June 30, 2021 and the related management discussion and analysis can be found under the Company's profile on www.sedar.com.Second Quarter 2021 Financial HighlightsThe Company attained positive earnings of $409,072 for the...
2021-08-30 7:30 AM EDT