Flow Capital Announces Return of $4.5 Million Investment

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TORONTO, May 6, 2024 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”), a leading provider of flexible growth capital solutions, is pleased to announce the full return of a $4.5 million investment in an environmental solutions provider.

Flow Capital remains focused on providing flexible growth financing solutions to small and medium-sized growth companies across various sectors. With the help of our capital, companies are better able to execute their growth plans, scale their operations more aggressively or take advantage of unique opportunities, while avoiding excessively dilutive financing or restrictive equity-based relationships.

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The capital recovered from this investment will be reinvested in new opportunities to generate interest income and warrant-based equity gains, creating more value for Flow Capital shareholders.

Growing companies seeking covenant-light, founder-friendly growth capital are invited to apply for funding directly on their website at www.flowcap.com/apply.

About Flow Capital

Flow Capital is a diversified alternative investment investor and advisor specializing in providing minimal dilution capital to emerging growth companies. For more information about Flow Capital, visit www.flowcap.com.

For further information please contact:

Flow Capital Corp.
Alex Baluta
Chief Executive Officer, Flow Capital Corp.
[email protected]

47 Colborne Street, Suite 303,
Toronto, Ontario M5E 1P8

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995.

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Such forward-looking information and forward-looking statements do not constitute historical facts or information or current condition, but merely represent the Company’s beliefs regarding future events, plans or objectives, many of which are by their nature uncertain and beyond the Company’s control corporate. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budgeted”, “scheduled”, “estimates”, “projected” , “intends,” “anticipates,” or “does not anticipate,” or “believes,” or variations of such words and expressions, or may contain statements that certain actions, events, or results “may,” “could,” “would,” “could” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information contained herein may include, but is not limited to, information regarding the current or future performance of one or more of the Company’s investments and the book value per share of the Company’s common stock.

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Investment in the Company’s securities is speculative and is subject to a number of risks, including, without limitation, risks related to: the need for additional financing; the relative speculative and illiquid nature of an investment in the Company; the volatility of the Company’s stock price; the Company’s ability to generate sufficient revenues; the Company’s ability to manage future growth; the limited diversification of the Company’s existing investments; the Company’s ability to negotiate additional royalty purchases from new investees; the Company’s dependence on the operations, assets and financial health of its investees; the Company’s limited ability to exercise control or direction over the investees; potential failures of investees and the unsecured nature of the Company’s investments; the Company’s ability to enforce any default by an investee; competition with other investment companies; tax matters, including the potential impact of the Foreign Account Tax Compliance Act on the Company; the potential impact of the Company’s classification as a passive foreign investment company; the Company’s ability to pay future dividends and the timing and amount of such dividends; Dependence on key personnel, particularly the company’s founders; dilution of shareholder interests through future financing; and general economic and political conditions; and the risks discussed in the Company’s public filings. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to meet expectations , estimates or intentions.

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The Company has made certain assumptions in connection with the forward-looking information and forward-looking statements contained in this press release. Assumptions about the performance of the Canadian and U.S. economies over the next 24 months and how this will impact the Company’s business and its ability to identify and pursue new opportunities with new investees are material factors in the Company’s consideration when defining its strategic priorities and objectives. and its business prospects.

Key assumptions include, but are not limited to: Assumptions that the Canadian and U.S. economies relevant to the Company’s investment focus will remain relatively stable over the next 12 to 24 months; that interest rates will not rise dramatically over the next 12 to 24 months; that the Company’s existing investees will continue to pay royalties to the Company as necessary; that the operations of the Company’s investees will not experience material adverse results; that the Company will be able to successfully integrate and expand the businesses of its predecessor companies; that the Company will continue to expand its portfolio in a similar manner to that already established; that tax rates and tax laws in Canada and the United States will not change significantly; that more small and medium-sized private and public companies will continue to need access to alternative sources of capital; that the Company will be able to raise the required equity and/or debt financing on acceptable terms; and that the company will have sufficient free cash flow to pay dividends. The Company also expects that access to capital markets will remain relatively stable, that capital markets will develop at normal levels of volatility and that the Canadian dollar will not exhibit high volatility relative to the U.S. dollar. In determining economic growth expectations, the Company primarily considers historical economic data provided by the Canadian and U.S. governments and their agencies. Although the Company believes that the assumptions and factors used in preparing the forward-looking information and statements and the expectations reflected therein are reasonable, undue reliance should not be placed on such information and statements and no assurance or guarantee can be given Such forward-looking information and statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such information and statements.

The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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