Legion Capital Corporation, a fintech enabled private equity lender, announced approval of their new $75 million Regulation A, Tier II Bond and Preferred Stock offering. WealthForge serves as the managing broker-dealer of the offering.
“Legion remains committed to the independent broker-dealer community and its constituents for capital formation,” stated Jason Plucinak, vice president of corporate finance, who leads broker-dealer and registered investment advisor distribution for the firm. “The qualification of our latest Reg A offering allows us to continue providing alternative investment solutions for investors and meaningful growth capital for our real estate development lending business.”
Legion’s Tier II, Reg A offering provides short-term, non-traded corporate bonds with maturities of 1, 2, 3, & 5 years, as well as redeemable preferred stock. The securities are offered on a best-efforts basis on behalf of Legion Capital Corporation by WealthForge Securities, LLC, as managing broker-dealer, a member of FINRA and SIPC.
Added Plucinak, “Continuing to expand our capital base is a critical component of meeting the growth plans and opportunities we have at Legion. Our focus will remain on prudent capital deployment with collateralized real estate development loans in Central Florida and other target markets.”
As managing broker-dealer, WealthForge provides sponsors with cost-effective and efficient means to comply with regulatory requirements, reduce operational overhead, and mitigate exposure to regulatory risk. These services include syndicate administration, commission processing, regulatory filings, transfer agent integration, offering diligence and more.
“Quality partners are critical when growing retail distribution,” stated Jason Plucinak, Legion’s vice president of corporate finance. “WealthForge brings the exact expertise and experience we need to continue growing our firm.”
Legion Capital Corporation provides financing for small- and medium-sized businesses and real estate developers. The firm provides bridge funding, acquisition finance, development and growth capital.