Edwards, Colorado, April 10, 2024–(BUSINESS WIRE)–Battle Financial, Inc. is a privately held company (the “Company”) headquartered in Edwards, Colorado, and a pioneer in the creation of Battle Bank NA (in-house), a modern direct bank. Bank, Ltd. (“Bank”) today announced that it will offer up to $14.75 million in principal amount of convertible notes (the “Notes”). The Company has engaged Patrick Capital Markets, LLC as the managing dealer in this offering. The company's president, Frank Trotter, made the announcement.
Interest accrues on the principal balance of each Note at the rate of 7.0% compounded annually, and the principal and accrued interest on each Note will be converted into shares of our common stock. The applicable conversion price per share and other terms of the Notes are set forth in the offering document, which can be accessed through the Company's Investor Portal specified below.
The Notes are being offered to accredited investors pursuant to Regulation D, Rule 506(c) under the Securities Act of 1933, as amended.
“Fundamentally, we believe that banking is a very good business. That is the basic that is overlooked. We intend to lend in markets we know well and manage our balance sheet conservatively,'' Trotter said. “We also believe there is a community of like-minded consumers who follow independent financial research and actually think for themselves, make their own investments, and make their own decisions.” is a community that our founders have been involved in. We have done so in the past and we will do so again.”
Rick Ruhl, a member of our board of directors and an outspoken critic of today's branch banking, says, “I'm currently a customer of four major financial supermarkets. Suffice it to say, even as a customer.'' Dear Financial Companies, I am amazed at the poor level of service I receive from each financial institution. Don't get me wrong, I should be a very profitable customer for each financial institution. However, our relationships with these financial institutions are among the best. They can be described as moody and on the verge of rebellion, which is not a relationship I should enjoy with them. ”
For additional information about our company and Battle Bank, and to request our 506(c) offering, please visit www.battlebank.com/invest.
About Battle Financial, Inc. and Battle Bank NA (Internal)
We intend to run Battle Bank to transform banking for the better. Our goal in operating Battle Bank is to bring customers first to banking with access to unique solutions ranging from regular banking solutions, foreign currency deposits, market index CDs, self-directed IRAs, and non-FDIC-insured precious metals. approach. For more information about the company and Battle Bank, please visit www.battlebank.com.
Important notice regarding precautions
All securities are offered by the Company and not by its subsidiary Battle Bank, which is currently in the formation stage and has not yet commenced operations. This note is not a Battle Bank deposit and is not insured by the Federal Deposit Insurance Corporation or any other government agency.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction. This press release does not contain material terms and conditions relating to the Notes. The terms are set forth in the offering document, which can be accessed through the Company's investor portal at www.battlebank.com/invest.
Forward-looking statements
The forward-looking statements contained in this press release are based on current expectations and beliefs regarding future developments that are difficult to predict. We cannot guarantee that our future performance or future developments affecting us or the Bank will be as currently anticipated. These forward-looking statements are subject to a number of risks and uncertainties, some of which are our responsibility, that could cause actual results and performance to differ materially from those expressed or implied by these forward-looking statements. (beyond the control of the Company) or other assumptions.
You should not place undue reliance on forward-looking statements and should make investment decisions based on these forward-looking statements and the information contained in this press release, which is not all-inclusive. Not.
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contact address
For media inquiries, please contact us below.
Jason Kutu
chief marketing officer
Email: jason.coots@battlebank.com
Phone: (904) 402-6755
