MiniLuxe Secures Over US$6 Million in Recent Fundings

April 27, 2024, 3:30 am
MiniLuxe
MiniLuxe
BeautyBusinessCareCultureE-commerceFashionITProductShopTime
Employees: 201-500
Founded date: 2007
Total raised: $38.5M
MiniLuxe Holding Corp. has successfully closed a convertible note offering, raising over US$6 million in total recent fundings. The company completed a "top up" closing of a non-brokered convertible debenture unit offering, welcoming additional subscriptions from friends and family of existing investors. This recent funding round, along with previously completed financings, has brought MiniLuxe's capital influx to over US$6.25 million in the last six months. The offering consisted of 475 units, each containing a convertible debenture and Class A subordinate voting share purchase warrants. MiniLuxe CEO, Tony Tjan, expressed satisfaction with the positive momentum and high-quality investor interest in the company. The company may consider initiating an additional equity financing in the next 12 months. MiniLuxe, a lifestyle brand and talent empowerment platform based in Boston, aims to transform the nail care industry through its high-quality services, proprietary products, and socially responsible practices. For further information, contact Christine Mastrangelo, Corporate Secretary and Investor Relations at MiniLuxe Holding Corp.