September 30 2021- RiverFort Provides €2M Convertible Facility to Fintech Health Technology Company.
Levitee Labs Inc. is a multidisciplinary, integrated, wellness company based in Vancouver, British Columbia. Levitee entered into a credit facility of up to $12M to fund acquisitions in the clinic, pharmacy and mental health spaces. The initial $2.5M tranche matures on October 20, 2023. The secured loan facility was arranged by RiverFort Global Capital and provided by RiverFort Global Opportunities.
Pouya Farmand, CEO of Levitee commented, “We are grateful for the support we are receiving from RiverFort. We believe this financing is not only reflective of their confidence in the proposed acquisition strategy, but also in the acquisitive growth potential of Levitee Labs once acquisitions are completed. We are committed to continuing to execute our accretive acquisition program, adding another catalyst engine to Levitee’s future growth potential.”