SPOTLIGHT CAPITAL HOLDINGS, INC. has received $12,000,000 Short Term Loan from ZION Capital Ventures
Filing Services Canada XHTML - Fri Jun 12, 10:52AM CDT
SPOTLIGHT CAPITAL HOLDINGS, INC. is pleased to Announce Receipt of $20,000,000 of Fixed Income Investment-Grade Bonds
GlobeNewswire - Thu Jun 11, 8:54AM CDT
Spotlight Capital Holdings Inc. (pk: SLCH) is pleased to announce that ZION Capital Ventures, pursuant to an agreement executed with Spotlight on June 4, 2015, has received $20,000,000 of fixed income investment-grade bonds into its account. In preparation for the contemplated exchange with Spotlight of the bonds for the convertible note of Spotlight's common stock, that will mature at an agreed upon date. At the maturity date, ZION has the option to convert the note into common shares of Spotlight's stock. Management at Spotlight has authorized the issuance of the convertible note and is currently making all necessary administrative and regulatory preparations for the issuance of the note pursuant to the terms of the agreement with ZION. Both Spotlight and Zion Capital Ventures look forward to fulfilling their obligations under the binding Exchange Agreement signed on June 4, 2015. Once the exchange is completed with Zion Capital Ventures, Spotlight will be financially positioned to implement the roll-out of a variety of projects geared toward significantly enhancing shareholder value while simultaneously expanding the scope of the Company's activities", which will include but is not limited to the acquisition of income producing Companies and assets, (IE- movie studios, music and film catalogs) producing and distributing Movie/Films domestically and abroad.
Spotlight Capital Holdings, Inc. and Zion Capital Ventures Execute an ongoing Series of Agreements which will allow Spotlight to Obtain Financing for Operations
Filing Services Canada - Mon Jun 08, 12:59PM CDT
Spotlight Capital Holdings, Inc. and Zion Capital Ventures Execute an ongoing Series of Agreements which will allow Spotlight to Obtain Financing for Operations Los Angeles, California (FSCwire) - Spotlight Capital Holdings Inc. (pk: SLCH) and Zion Capital Ventures announce this morning that the two companies have entered into a binding Exchange Agreement, according to the terms of which Zion Capital Ventures shall provide Spotlight with $20,000,000 (twenty million dollars) worth of fixed income investment-grade bonds, in exchange for the equivalent value contained in a promissory note that converts into common stock on an agreed upon maturity date. The exchange agreement between Spotlight and Zion Capital Ventures has been approved by both companies and the agreement was signed by authorized agents of both companies on Thursday, June 4, 2015. This exchange will significantly strengthen Spotlight Capital Holdings, Inc. balance sheet, allowing third-party lenders greater comfort in providing the previously-announced secured financing for current and future operations. Spotlight will keep investors informed as this transaction progresses. Safe Harbor Statement- The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control. Source: Spotlight Capital Holdings, Inc. 601 South Figueroa Street, Suite 4050 Los Angeles, CA 90017 Tel: (213) 337-6784 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...e82015.pdf Source: Spotlight Capital Holdings Inc. (OTC Pink:SLCH) Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
Spotlight Capital Holdings signs purchase agreement for FedEx Ground operators
M2 - Wed Dec 31, 3:01AM CST
Spotlight Capital Holdings Inc (OTC Pink Current:SLCH) disclosed on Tuesday that it signed an exclusive purchase agreement for five independent FedEx Ground operators that is subject to the completion of due diligence.
FDX: 168.46 (+0.75)
Spotlight Capital Holdings, Inc. Announces Strategic Acquisition
Filing Services Canada XHTML - Tue Dec 30, 10:11AM CST
Spotlight Capital signs agreement for structured credit facility of up to USD150m
M2 - Wed Dec 24, 4:01AM CST
Spotlight Capital Holdings Inc (OTC Pink Current:SLCH) revealed today (Wednesday) that it has reached an agreement to utilise a major US finance group's existing credit facility at a top-5 US bank and is now authorised to access up to USD150m in capital, under the finance group's credit facility.
Spotlight Capital Holdings, Inc. Announces Structured Credit Facility
Filing Services Canada XHTML - Tue Dec 23, 12:45PM CST