LGBTQ Loyalty Holdings, Inc. announced that it expects to receive $10 million in funding from GHS Investments, LLC
May 26, 2021
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LGBTQ Loyalty Holdings, Inc. (OTCPK:LFAP) announced that it has entered into a securities purchase agreement with returning investor GHS Investments, LLC for a private placement of common shares for gross proceeds of up to $10,000,000 on May 27, 2021. The issue price will be fixed price per share equal to seventy percent (70%) of the lowest volume weighted average price (VWAP) during the twenty (20) trading day period immediately preceding, but not including, the date the registration statement is filed, subject to a trading price floor. The company will issue securities pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506 promulgated thereunder.
LGBTQ Loyalty Holdings, Inc. is a financial methodology and media company. The Company is focused on unlocking the purchasing power of the LGTBQ community globally by offering a LGBTQ Index and core ETF portfolio that attract institutional investors and corporations. It provides the Loyalty Preference Index (the Index ETF), branded as the LGBTQ100 ESG Index, which is an environmental, social, and governance (ESG) Index. Its LGBTQ100 ESG Index integrates lesbian, gay, bisexual, transgender, and questioning (LGBTQ) community survey data into the methodology for a benchmark listing of the nations financially performing large-cap publicly listed corporations. The Index ETF provides the LGBTQ community and their allies with various Fortune 500 companies that support and implement diversity, inclusion, and equality policies within their organizations. The Company, through its wholly owned subsidiary, Loyalty Preference Index, Inc. (LPI), provides an index for the LGBTQ + ESG100 ETF.
LGBTQ LOYALTY HOLDINGS, INC. 
