Growth Capitalist News and Analysis of Emerging Growth Company Finance

Growth Capitalist (https://growthcapitalist.com/2018/09/aurora-mayor-local-leaders-join-aimco-to-break-ground-on-a-new-87-million-development-central-to-the-anschutz-medical-and-fitzsimons-innovation-campuses/)

Emerging Growth News

Aurora Mayor, Local Leaders Join Aimco to Break Ground on a New $87 Million Development Central to the Anschutz Medical and Fitzsimons Innovation Campuses

By Staff | September 28, 2018

Tryba Architects Principal Jeff Smith, Aimco Regional Vice President Brett Leonhardt, Aimco Executive Vice President of Operations Keith Kimmel, Fitzsimons Redevelopment Authority Consultant John Shaw, Aurora Community College Vice President George “Skip” Noe, Aurora City Council Members Marsha Berzins and Nicole Johnston, Aimco Chairman and CEO Terry Considine, Aurora Mayor Bob LeGare, Aurora City Council Members Johnny Watson, Dave Gruber and Bob Roth, Aimco Chief Investment Officer John Bezzant and Aurora Economic Development Council President and CEO Wendy Mitchell break ground on 253 new Aimco apartments being developed near the Anschutz Medical and Fitzsimons Innovation campuses in Aurora, CO.

AURORA, Colo., Sept. 28, 2018 /PRNewswire/ -- Aurora Mayor Bob LeGare, members of the Aurora City Council and Aurora Economic Development Council President and CEO Wendy Mitchell were among the

Emerging Growth News

Featured in Category

FAT Brands Starts Strong on Nasdaq

On a side street off Times Square brokers and traders lined up earlier this week for a rare treat outside of Nasdaq’s Manhattan market center: free Fatburgers. Mark Elenowitz, the investment banker behind the $24 million Regulation A capital raise of FAT Brands, was glowing with pride. FAT Brands opening IPO day was here and market interest had driven the stock to open above the $12 Reg A offer price. The first trade sold at $12.80 and the stock soared to $13.99 in the morning hours. Elenowitz and his team at Tripoint Global Equities had worked all weekend to ensure the 2 million shares sold cleared the DTC (Depository Trust Company) and the hundreds of retail investors who bought stock through Tripoint’s online crowdfunding portal, BANQ, had their shares in their retail accounts available to trade immediately. FAT Brands is controlled by Andy Wiederhorn, head of the investment firm Fog Cutter Capital Group. The Southern California burger joint Fatburger, often touted by Hollywood celebrities, was started by Lovie Yancey and Charles Simpson. Yancey first opened a three-seater burger stand in the late 1940s in front of her house in South Central Los Angeles. FAT Brands, which stands for Fresh-Authentic-Tasty, owns multiple franchise chains focused on American food served in a fast casual setting. Fatburger is a 65-year-old company fashioned as a self-serve burger joint that competes with In-n-Out and Shake Shack (SHAK). Buffalo’s Café was founded in Roswell, Ga. in 1985, and is known for its chicken wings with 13 different sauces. And the company’s newest acquisition, Ponderosa and Bonanza Steakhouse, is a chain started in 1963 by Dan Blocker, who was known for his role as Hoss Cartwright in the TV western series Bonanza. CLICK HEADLINE FOR MORE>>
APO

Reverse Merger Attorney Ofsink Pleads Guilty in Pump-and-Dump Scheme

New York securities attorney Darren Ofsink, once an active adviser to emerging growth companies seeking to go public through reverse mergers, pleaded guilty on Oct. 18 to one charge of conspiracy to commit securities fraud, for his role in the $86 million manipulation scheme of CodeSmart Holdings (ITEN).
Consumer Services

FAT Brands Readies Close of $24M APO

Fast-casual dining franchise company FAT Brands expects to close it’s $24 million Reg A offering as soon as Oct. 20, according to company insiders. The quick closing follows reports that the company attracted millions of committed capital on its first day after the Securities and Exchange Commission qualified the offering on October 3. The owner of Fatburger and Buffalo’s Café is selling two million shares at $12, with a minimum investment of $500, from institutional and retail investors. The deal is being sold by Tripoint Global Securities as the exclusive bookrunner.

Comments are closed.