The wellness and biotech holding company Onassis Holdings Corp (OTCMKTS:ONSS) was in the news cycle on Wednesday after the company made a major new announcement.
On Wednesday, ONSS stock fell 2.50% to $0.0390 with more than 18.30K shares, compared to volume of 5.46K shares. The stock moved within a range of $0.0315 – 0.0390 after opening trade at $0.0390.
Onassis Holdings Retained Investment Bank Dalmore Group to Launch up to $75 Million Regulation A+ Offering (Mini IPO)
The company revealed that it had launched its Regulation A+ financing round and that came about after it had gone into an agreement with Dalmore Group last year. In this regard, it could be a good to idea to have a better idea about the Regulation A+ financing round. It is a managed process by way of which companies could raise a maximum of $75 million on an annual basis from the public.
The company’s collaboration with the investment bank Dalmore Group is important in this regard. Onassis Holding Corp is looking to use the prowess and skills of Dalmore Group in the field of capital raising through Regulation A+, CF and D.
In this regard, it is important to note that since 2021, Dalmore Group has been successful in on-boarding as many as 230 Regulation A+ issuers. That way it became one of the leaders in the field of Regulation A+ financing services in the market. It has 16 years of experience in this space and has forged deep relationships as well.