CurrencyNewsBreaks – FAVO Capital Inc. (FAVO) Files S-1 for Planned Nasdaq Uplisting
FAVO Capital (OTC: FAVO), a private credit firm specializing in alternative financing for small and medium-sized businesses ("SMBs"), has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission ("SEC") as part of its plan to uplist to the Nasdaq Capital Market. The move is aimed at expanding market presence, increasing liquidity, and broadening access to institutional investors. CEO Vincent Napolitano emphasized the company’s commitment to debt reduction, operational efficiency, and long-term shareholder value. The firm intends to use proceeds from its initial public offering ("IPO") to strengthen its balance sheet, reduce high-cost debt, and support strategic growth…