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0 0.00746268656716419 -0.0223880597014926 -0.0223880597014926 -7.46268656716336E-05 0.00746268656716419 0.0447761194029851 0.0447761194029851
Stock impact report

FlexShopper Updates Status of Rights Offering

FlexShopper, Inc. (FPAY) 
NASDAQ:AMEX Investor Relations: investors.flexshopper.com
Company Research Source: GlobeNewswire
BOCA RATON, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced an update to its previously disclosed rights offering. FlexShopper shareholders who participated in the unit subscription that closed on January 10, 2025, are now eligible to participate in the Series A, B, and C rights. Details of which can be found in the body of this press release. As a result of the initial unit subscription, FlexShopper raised approximately $12 million of proceeds, consisting of $9.4 million in gross proceeds from the subscription and the conversion of $2.5 million of the Company’s subordinated debt with NRNS Capital Holdings LLC. The $9.4 million in g Read more
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