Corey Ribotsky and the NIR Group Introduce the Haverstock Fund September 30, 2009
Posted by coreyribotsky in Corey Ribotsky, Haverstock Fund, NIR Group.Tags: Corey Ribotsky, Haverstock Fund, NIR Group
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In a step which is designed to make raising capital easier, cheaper and faster for small to mid cap companies, the NIR Group and Corey Ribotsky have introduced the Haverstock Fund, LLC.
Among the many benefits to the issuer that can be expected are:
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- Speed: Capital can be acquired more quickly this way than with traditional financing methods.
- Implementation Risk is Reduced: There is a considerable reduction in time to market when compared with the more traditional types of financing.
- Timing: Immediately upon registering the Agreement with the SEC the company can begin selling equity to the investor.
- No Selling Short: It will be agreed upon by the buyer and all its affiliates that no short selling or hedging will be engaged in any manner, directly or indirectly, of the securities of a partner company.
- Net Long: The buyer will represent them on every secondary in which they will continue to maintain some equity stake.