ALLEN, Texas--(BUSINESS WIRE)--Financial Gravity Companies, Inc., (OTCQB: FGCO) signed an Equity Purchase Agreement with GHS Investments, LLC enabling Financial Gravity access to capital up to $11M over the next 36 months. The capital allows the Company to continue its national expansion of its integrated financial services, operating as a Fractional Family Office®, with brands that include Tax Blueprint®, Tax Operating System®, and Factor Based Investing®.
GHS Investments, LLC, a leading private investment and management group providing financial solutions for potential small cap enterprises, entered into the agreement with Financial Gravity following extensive due diligence, management interviews, and detailed analysis of the Company’s financial and business plan. The Agreement provides Financial Gravity with the option to sell GHS up to $11,000,000 worth of the company’s common stock over a 36 month period following the effective date of the registration.
Paul Williams, Financial Gravity’s Chief Financial Officer, stated, “We are eager to partner with GHS to access its depth of experience and resources. This brings us one step closer in disrupting both the accounting and the financial services industries.”
Sarfraz Hajee, member of GHS Investment, LLC, stated, “Financial Gravity is unique to us on several roles. We are excited to play a key role in the Company’s continued growth.”
About Financial Gravity Companies, Inc.
Financial Gravity Companies, Inc., a Fractional Family Office® provides integrated tax, business, and financial solutions. Clients include small business owners and high net-worth individuals. Services are focused on helping its clients’ personal and professional goals, while building wealth, most often with potential tax savings, lowering costs, and improving efficiency. For details, visit www.financialgravity.com.
Financial Gravity Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in the press release should be evaluated together with the many uncertainties that affect Financial Gravity’s business and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.