FAVO Capital Announces Conversion of Super Voting Series C Shares to Common Stock

FORT LAUDERDALE, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- via IBN -- FAVO Capital, Inc. (OTC: FAVO), a publicly traded private credit firm specializing in merchant cash advances (MCAs) and revenue-based financing for underserved small and medium-sized businesses (SMBs), today announced the voluntary conversion of all outstanding Super Voting Series C Preferred Shares into common stock. The corporate governance action simplifies the Company’s capital structure and aligns voting rights more closely with public ...