Lendified Reports First Profitable Quarter, Appointment of CEO and Option Grants
Toronto, Ontario--(Newsfile Corp. - August 27, 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...
2021-08-27 6:35 PM EDT
Lendified Provides Disclosure Related to the Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - August 25, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified"), at the request of the Ontario Securities Commission, is providing a supplementary update to the Company's shares for debt transaction as announced by way of press release on May 14, 2021, July 29, 2021 and July 30, 2019 and in its material change report dated August 9, 2021 (the "Material Change Report").On July 30, 2021, the Company...
2021-08-25 5:05 PM EDT
Lendified Announces Credit Facility of up to $10,000,000 and Closing on the First Advance Under the Credit Facility
Toronto, Ontario--(Newsfile Corp. - August 17, 2021) - As previously announced on April 5, 2021 and May 14, 2021, Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that the Company's wholly-owned subsidiary, incorporated as a special purpose vehicle for the purpose of funding new loans under the Credit Facility (the "SPV"), has entered into a definitive two year credit agreement (the "Credit Agreement") with Windsor...
2021-08-17 5:05 PM EDT
Lendified Announces Satisfaction of Escrow Release Conditions and Release of Escrowed Proceeds
Toronto, Ontario--(Newsfile Corp. - August 6, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that it has satisfied the escrow release conditions and the release of funds held in escrow from its private placement of subscription receipts of the Company ("Subscription Receipts"), as announced on June 16, 2021 and July 14, 2021, for gross proceeds of $1,837,500 (the "Offering"). Pursuant to the Offering,...
2021-08-06 5:34 PM EDT
Lendified Completes Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - July 30, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that it has completed its shares for debt settlement as announced on May 14, 2021 and July 29, 2021. The Company has settled an aggregate of $10,618,310.53 of outstanding indebtedness with certain creditors (the "Debt Conversion") through the issuance of 212,366,210 common shares of the Company at a price of $0.05...
2021-07-30 6:38 PM EDT
Lendified Provides an Update on Proposed Debt Conversions
Toronto, Ontario--(Newsfile Corp. - July 29, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to provide an update regarding its proposed conversion of existing debt obligations for common shares of the Company (the "Proposed Conversion"), as previously announced on May 14, 2021. The Company intends to complete the Proposed Conversion of certain existing debt into common shares of the Company ("Common Shares") on or...
2021-07-29 9:39 PM EDT
Lendified Announces Closing of Private Placement of Subscription Receipts
Toronto, Ontario--(Newsfile Corp. - July 14, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that it has completed the second and final tranche of its previously announced private placement of subscription receipts of the Company (the "Subscription Receipts"), as previously announced on April 7, 2021 and May 14, 2021 and June 16, 2021, consisting of 10,400,000 Subscription Receipts at a price of $0.05 per...
2021-07-14 4:02 PM EDT
Lendified Announces Repayment of Credit Facility
Toronto, Ontario--(Newsfile Corp. - June 23, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that it has repaid in full its obligations under the credit facility previously provided by Home Trust Company ("HTC"). The repayment of this loan obligation was paid from proceeds of the Company's cash and an increased loan facility by Firepower Capital. Interest and fees incurred by Lendified over the previous 12...
2021-06-23 5:16 PM EDT
Lendified Announces Closing of First Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - June 16, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that it has entered into an agency agreement with Canaccord Genuity Corp. (the "Agent") in connection with its previously announced private placement of subscription receipts (the "Subscription Receipts") of the Company (the "Private Placement"), as previously announced on April 7, 2021 and May 14, 2021, and has...
2021-06-16 1:50 PM EDT
AMENDED AND RESTATED NEWS RELEASE: Lendified Announces Private Placement Financing of up to $5,000,000
Escrow Release Deadline or the Loan Facility in detail.Toronto, Ontario--(Newsfile Corp. -...
2021-05-14 5:05 PM EDT
Lendified Files Annual Financial Statements
Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - Lendified Holdings Inc. (formerly, Hampton Bay Capital Inc.) (TSXV: LHI) ("Lendified" or the "Company") announces it has filed its audited annual financial statements for the year ended December 31, 2020 (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:In December 2020, the Company completed a...
2021-04-16 8:22 AM EDT
Lendified Announces Private Placement Financing of up to $5,000,000
Toronto, Ontario--(Newsfile Corp. - April 7, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that it entered into an engagement letter with Canaccord Genuity Corp. ("Canaccord"), as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents which may be formed (the "Agents"), pursuant to which the Agents have agreed to sell, on a commercially reasonable efforts private...
2021-04-07 7:30 AM EDT
Lendified Enters into Letter of Intent for New $10,000,000 Credit Facility with Windsor Private Capital and Firepower Capital to Bolster Its Lending Platform to Finance Small Businesses
Toronto, Ontario--(Newsfile Corp. - April 5, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that the Company's wholly-owned subsidiary has entered into a non-binding letter of intent with Windsor Private Capital Limited Partnership and FirePower Capital (together, the "Lenders") for a non-revolving term loan in the aggregate amount of up to $10,000,000.00 (the "Credit Facility"). In connection with the...
2021-04-05 6:29 PM EDT
Lendified Confirms No Material Change
Toronto, Ontario--(Newsfile Corp. - March 17, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified"), at the request of IIROC, wishes to confirm that the Company's management is unaware of any material change in Lendified's operations that would account for the recent increase in market activity. ABOUT LENDIFIED HOLDINGS INC.Lendified, a company located in Ontario, Canada, is a Canadian FinTech company operating a lending platform which...
2021-03-17 8:48 PM EDT
Lendified Agrees to Two Year Employment Agreement with CEO John Gillberry
Toronto, Ontario--(Newsfile Corp. - January 29, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that the Company has agreed to enter into a two year employment agreement (the "Employment Agreement") with current CEO and director John Gillberry. Pursuant to the Employment Agreement, Mr. Gillberry's compensation will be solely security-based, whereby he will be issued five (5) million options of the Company...
2021-01-29 5:08 PM EST
Lendified Enters into Strategic Consulting Agreement for Financial and Capital Markets Advisory Services
Toronto, Ontario--(Newsfile Corp. - January 25, 2021) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that the Company has entered into a strategic consulting agreement with Laurent Mareschal, who has agreed to provide financial and business advisory services to the Company. Mr. Mareschal has more than 25 years of financial services experience, including financial reporting and analysis, mergers and acquisitions,...
2021-01-25 5:32 PM EST
Lendified Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - December 23, 2020) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) (the "Company" or "Lendified") is pleased to announce that the Company completed the second and final tranche of its previously announced offering of units of the Company ("Units") consisting of 22,600,000 Units at a price of $0.025 per Unit for aggregate gross proceeds of $565,000 (the "Offering"), bringing the total size of the Offering to 31,400,000 Units for...
2020-12-23 6:44 PM EST
Lendified Announces First Tranche Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - December 11, 2020) - Lendified Holdings Inc. (formerly, Hampton Bay Capital Inc.) (TSXV: LHI) (the "Company" or "Lendified") is pleased to announce that the Company completed the first tranche of its previously announced offering of units of the Company ("Units") consisting of 8,800,000 Units at a price of $0.025 per Unit for aggregate gross proceeds of $220,000 (the "Offering"). Each Unit is comprised of one common share ("Shares") in the capital of the...
2020-12-11 5:17 PM EST
Lendified Reports Third Quarter 2020 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 26, 2020) - Lendified Holdings Inc. (TSXV: LHI) (formerly, Hampton Bay Capital Inc.) ("Lendified" or the "Company") announces it has filed its interim financial report for the three and nine months ended September 30, 2020 (the "Q3 Financial Report") and related management and discussion (the "MD&A"). The Q3 Financial Report and MD&A can be found under the Company's profile on www.SEDAR.com.Business Highlights:The Company entered into a definitive...
2020-11-26 9:14 PM EST
Lendified Announces Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - November 9, 2020) - 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, securities of the Company (the "Offering") consisting of units (the "Units") at a price of $0.025 per Unit, for aggregate gross proceeds to Lendified of up to $785,412.78.Each Unit comprised of one common share (a "Share") of the Company...
2020-11-09 8:46 AM EST