FlexShopper Announces Preliminary Results of Unit Subscription Rights Offering

BOCA RATON, Fla., Jan. 13, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY), a prominent national online lease-to-own retailer and payment solutions provider, today announced the preliminary results of its previously disclosed unit rights offering (the "Rights Offering"), which expired at 5:00 pm ET on January 10, 2025 (the "Expiration Date"). The Company also announced that the holder of the Company's subordinated debt has elected to convert 25%, or $2.5 million of the outstanding principal balance ...