OCFN: Possible take overs are: CapitalSource Inc.
Post# of 29744
Posted On: 11/06/2013 3:28:39 PM
OCFN: Possible take overs are: CapitalSource Inc. (NYSE: CSE) or RAIT Financial Trust (NYSE: RAS)
Posted: November 6th, 2013 under ACCESSWIRE.
Comments: none
Omega Commercial Finance Raises $3 Million at $0.10 per Share
By TDM: Financial Omega Commercial Finance Corporation (OTCQB:OCFN), a publicly traded financial holding company, has made significant progress in establishing various lending subsidiaries and raising the capital necessary to finance their operations. Through the principal lending subsidiaries OCFN operates in the commercial real estate financing and capital markets space focused on originating and managing CMBS-style income producing loans, senior and mezzanine debt financing , and factoring receivables.
In early October, the company announced that three private investors purchased $3 million in common stock at $0.10 per share on September 13, 2013. The Direct Public Offering strengthened the firm’s balance sheet at a critical time and is the catalyst to power these lending subsidiaries, as well as supported negotiations conducted by management to raise an additional $10 million to support its new lending subsidiary, Omega Emerging Technology Finance LLC and capitalize on that unique opportunity.
Investors in the middle market commercial lending space, including CapitalSource Inc. (NYSE: CSE) or RAIT Financial Trust (NYSE: RAS), may want to take a closer look at the company as it approaches a tipping point in its development. With the required capital in place, management is well positioned to execute on its business plan and generate significant shareholder value over the long-term.
Read the full press release discussing the capital raise here:
Click Here to Sign Up for Future Email Updates On Omega Commercial Finance Corporation
Posted: November 6th, 2013 under ACCESSWIRE.
Comments: none
Omega Commercial Finance Raises $3 Million at $0.10 per Share
By TDM: Financial Omega Commercial Finance Corporation (OTCQB:OCFN), a publicly traded financial holding company, has made significant progress in establishing various lending subsidiaries and raising the capital necessary to finance their operations. Through the principal lending subsidiaries OCFN operates in the commercial real estate financing and capital markets space focused on originating and managing CMBS-style income producing loans, senior and mezzanine debt financing , and factoring receivables.
In early October, the company announced that three private investors purchased $3 million in common stock at $0.10 per share on September 13, 2013. The Direct Public Offering strengthened the firm’s balance sheet at a critical time and is the catalyst to power these lending subsidiaries, as well as supported negotiations conducted by management to raise an additional $10 million to support its new lending subsidiary, Omega Emerging Technology Finance LLC and capitalize on that unique opportunity.
Investors in the middle market commercial lending space, including CapitalSource Inc. (NYSE: CSE) or RAIT Financial Trust (NYSE: RAS), may want to take a closer look at the company as it approaches a tipping point in its development. With the required capital in place, management is well positioned to execute on its business plan and generate significant shareholder value over the long-term.
Read the full press release discussing the capital raise here:
Click Here to Sign Up for Future Email Updates On Omega Commercial Finance Corporation
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