Permuto Capital Announces Amended Registration Statements For Novel Equity Product
The amended registration statements include a change to conversion rate of the decomposition of the underlying stocks into certificates. Previously one Asset Certificate (AC) and one Dividend Certificate (DC) combined represented one whole underlying stock, the amendment proposes changing the rate to 100 ACs and 100 DCs to one whole underlying stock, to meet initial listing requirements. The Company plans to conduct a reverse split in the future.
The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectuses related to these offerings, when available, may be obtained by email at info@permuto.capital.
Registration statements relating to these securities have been filed with the SEC but have not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offerings are subject to market conditions, and there can be no assurance as to whether or when the offerings may be completed, or as to the actual size or other terms of the offerings.
About Permuto Capital
Permuto, based in New York City and South San Francisco, is dedicated to advancing innovative financial solutions for institutional and retail investors. With a commitment to integrity and strategic growth, we aim to drive progress in an ever-evolving marketplace. For more information on Permuto, visit www.permuto.capital.
About 3V Capital Partners SE LLC
3V Capital Partners focuses on the democratization of innovative financial solutions that were traditionally only offered to qualified institutional buyers and carried significant fee drag. 3V Capital Partners utilizes cutting edge technology and rigid risk management standards to ensure our products carry the lowest possible fee for investors and minimize counterparty risk. Founded by a team of technology-focused investment bankers, the firm seeks to innovate financial markets and enable investors to better manage risk and customize exposure to public securities.
About Chia Network Inc.
Chia Network delivers software to enable enterprises to tokenize, custody, and trade any asset, while ensuring auditable authenticity and provenance. Created by Bram Cohen, the inventor of BitTorrent, the underlying open source, public Chia blockchain provides the secure and regulatory-compliant infrastructure for One Market.
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