Core Viewpoint - Farmhouse, Inc. has entered into a Common Stock Purchase Agreement with GHS Investments, allowing the company to sell up to $20 million of its common stock over a 24-month period [1][2]. Financing Agreement - The Equity Line allows Farmhouse to sell registered shares at its discretion, contingent upon the effectiveness of a registration statement on Form S-1 [2]. - Farmhouse issued 500,000 shares of common stock as restricted securities to GHS as consideration for establishing the facility [3]. - Each draw under the agreement can range from $10,000 to $500,000, with specific conditions regarding trading volume and pricing [4]. Use of Proceeds - The company plans to utilize the proceeds from the Equity Line for growth initiatives, digital-asset activities, general corporate purposes, and potential acquisitions [5]. Regulatory Filings - Farmhouse will file a Current Report on Form 8-K to describe the Equity Financing Agreement and will also file a registration statement on Form S-1 with the SEC [6]. Company Overview - Farmhouse, Inc. holds a portfolio of intellectual property assets and is focused on strategic acquisitions to enhance shareholder value [7].
Farmhouse, Inc. (OTC: FMHS) Secures $20 Million Equity Line with GHS Investments to Support Growth and Digital Asset Initiatives
Prnewswire·2025-11-07 19:24