Meeting

Terra Firma Capital appoints Spinnaker Capital Markets in advisory role

Fri, 28/02/2014 - 06:35

Terra Firma Capital, a real estate finance company, has appointed Spinnaker Capital Markets as its capital markets and investor relations advisor.

Spinnaker's mandate will focus on developing and expanding the network of investors, analysts, and financial intermediaries who are interested in following the Terra Firma growth and investment story.
 
The agreement is for a term of 12 months from 15 February 2014 to 14 February 2015 plus a 60 day notice period. The agreement provides for a full range of investor relations services for a monthly fee of USD6,000.
 
Under the terms of the agreement, Terra Firma has granted 100,000 share options to Spinnaker at an exercise price of USD0.50 per share. Each of the options shall vest in four equal instalments, with the first 25 per cent vesting immediately upon grant, and 25 per cent vesting every 90 days thereafter and become exercisable on the same day of each month thereafter and shall expire on that date which is the earlier of (i) at least 60 days upon termination of the agreement or (ii) five years.
 
"We are excited with our new partnership with Spinnaker. Over the course of the past couple of years, we focused our efforts on building a robust business, the Terra Firma brand, and a scalable platform for continued growth," says Y Dov Meyer, president and chief executive officer. "As a result of our efforts, we continue to see great opportunities in our markets and expect to see meaningful ongoing growth in loan originations. Our goal is to now work with Spinnaker in communicating Terra Firma's success with the capital markets and to achieve greater shareholder value.”


Subscribe to free daily newsletter
latestjobs
Quantitative Trading Strategist | Front Office

Sat, 20 Dec 2014 00:00:00 GMT

Entry Level Financial Software Developer

Sat, 20 Dec 2014 00:00:00 GMT

C#.NET Developer – Quantitative Risk, Fixed Income

Sat, 20 Dec 2014 00:00:00 GMT

events
3 weeks 2 days from now - New Orleans
4 weeks 4 days from now - Boston
4 weeks 4 days from now - New York
5 weeks 1 day from now - New York
specialreports