Legion Capital expands Regulation A preferred offering to $30 million

Chicago, July 18 – Legion Capital Corp. announced the expansion of a Regulation A offering of redeemable preferred stock to $30 million from $20 million in a press release on Monday morning.

The offer was re-qualified with the Securities and Exchange Commission on Friday.

The increase supports ongoing independent broker dealer demand for the shares and the company’s plans to continue the growth of its lending business and footprint, Jason Plucinak, the firm’s vice president of corporate finance, said.

The firm is also offering short-term bonds as part of the aggregate $75 million offer.

The Regulation A offering provides short-term, corporate bonds with maturities of one, two and three years.

The securities are offered on a best-efforts basis on behalf of Legion Capital Corp. by Sequence Financial Specialists, LLC, as managing broker dealer,

Legion Capital is a fintech specialized business lender based in Orlando, Fla.

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