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    FW   CA3434492037

FLOW CAPITAL CORP.

(FW)
Delayed Bourse de Toronto  -  05/16 10:28:50 am EDT
0.4900 CAD    0.00%
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05/02Flow Capital Announces an Early Payout, and 9% book value gain, from a Successful Investment
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FLOW CAPITAL : ANNOUNCES A US$1.5M INVESTMENT INTO KOVO HEALTHTECH CORPORATION

11/26/2021 | 04:00pm EDT

TORONTO, November 11, 2021 - Flow Capital Corp. (TSXV:FW) ("Flow Capital", "Flow", or the "Company") announces that it has a US$1.5M investment into Kovo HealthTech Corporation ("Kovo"). The investment is expandable to US$7M under certain conditions.

Kovo HealthTech Corporation is a growing healthcare technology company that specializes in Billing-as-a-Service offering SaaS-style recurring revenue contracts and software for US healthcare clinics, hospitals and private practices. Kovo helps healthcare providers digitally track and manage complex patient care registration, services, billing and payments in a seamless way, using its proprietary OneRev technology platform. By offering effective billing practices and technology through long-term SaaS-style contracts, Kovo helps healthcare practitioners focus on offering quality care.

"We are excited to be partnering with Kovo and helping them grow through acquisitions, while minimizing dilution for shareholders," explains Flow CEO Alex Baluta.

For more information, please visit www.kovo.co

About Flow Capital

Flow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to emerging growth businesses. To apply for financing, visit www.flowcap.com.

For further information, please contact:

Flow Capital Corp.

Alex Baluta
Chief Executive Officer [email protected]
1 Adelaide Street East, Suite 3002, PO Box 171,
Toronto, Ontario M5C 2V9

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information contained herein may include, but is not limited to, information relating to the current or prospective performance of one or more of the Company's investments and the book value per common share of the Company.

Disclaimer

Flow Capital Corp. published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 20:59:03 UTC.


© Publicnow 2021
All news about FLOW CAPITAL CORP.
05/11Flow Capital Announces a Buyout of Its Royalty Investment in MedWorxs
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Financials
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 15,3 M 12,0 M 12,0 M
EV / Sales -1
EV / Sales 0
Nbr of Employees 5
Free-Float 83,1%
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Managers and Directors
Alex Baluta President, Chief Executive Officer & Director
Gaurav Singh Chief Financial Officer
Vernon F. Lobo Chairman
Catherine McLeod-Seltzer Independent Director
Alan D. Torrie Independent Director
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