Residents of Choreograph Gainesville enjoy access to thoughtfully designed amenities and a prime location in Gainesville's Celebration Pointe
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Downing & Co.'s Comprehensive Financial Planning and Expanded Wealth Preservation Solutions Empower Portland Clients to Safeguard Their Assets and Build Lasting Legacies
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Sterling Organization, a vertically integrated private equity real estate investment firm whose national platform is focused on investing in retail real estate assets, has announced the sale of Windsor Square
Read MoreInnovative financing solution meets burgeoning demand for specialty lending in the bitcoin and real asset markets; Investment structure pairs traditional assets with bitcoin, producing uncorrelated downside protection while generating interest income and bitcoin appreciation sharing to combat inflation
Read MoreRevenue for the Three Months Ended September 30, 2024 Increased 43%
Income from Operations for the Nine Months Ended September 30, 2024 Increased 648%
Operating Cash Flow for the Nine Months Ended September 30, 2024 Increased 1,508%
Previously Announced Share Repurchase Program for up to $1 Million Has Begun
Third Quarter 2024 Highlights:
Completes reverse acquisition merger transaction with Scott's Liquid Gold-Inc.
Revenues of $15.4 million for the third quarter of 2024, an increase of 20.6%
Revenues of $42.4 million for the nine months ended September 30, 2024, an increase of 7.6%
Unearned performance revenue of $23.3 million as of September 30, 2024
Assets under management (AUM) grew to $8.3 billion as of September 30, 2024
Board of Directors declares a $0.053 per share dividend
Anchorage Digital to become largest shareholder and join Gryphon Digital Mining Board
Gryphon restructures Anchorage Digital debt of 304 BTC (approximately $18 million1) to increase shareholder equity and reduce outstanding debt by over 70%, by:
converting approximately $13M of debt into equity and pre-funded warrants at $1.10/share, a significant premium to current market price;
restructuring the remaining $5 million debt as follows:
three year term;
4.25% interest rate;
interest only payments during the term;
conversion features as described below; and
payable in USD over 3 years;.
granting Anchorage Digital additional warrants to purchase 2 million shares at $1.50/share; and
Anchorage Digital will become a key advisor to the Company and will be granted a seat on Gryphon's Board of Directors