Accredited Solutions Announces $3.6M Regulation A Offering to Fund Acquisition Strategy

September 9th, 2024 12:00 PM
By: Newsworthy Staff

Accredited Solutions, Inc. has filed a $3.6 million Regulation A offering to support its acquisition-driven growth plan and strengthen its financial position. The move aims to accelerate the company's expansion in the alkaline water market.

Accredited Solutions Announces $3.6M Regulation A Offering to Fund Acquisition Strategy

Accredited Solutions, Inc. (OTC: ASII), the parent company of Diamond Creek Water, has announced the filing of a $3.6 million Regulation A offering. The company, known for its ionized alkaline bottled water distributed in major grocery and convenience store chains, plans to use the capital to fuel its acquisition-driven growth strategy and complement organic growth initiatives.

The offering comes at a crucial time for Accredited Solutions as it seeks to expand its market presence and revenue streams. The company has already begun implementing its growth strategy with the acquisition of Globetopper, marking the first step in a series of planned acquisitions aimed at bolstering its market position.

Eduardo Brito, CEO of Accredited Solutions, expressed enthusiasm about the funding, stating that it will be instrumental in accelerating the company's growth strategy. He emphasized the conservative approach based on financial projections while highlighting the promising opportunities that lie ahead.

A significant portion of the raised capital will be allocated to redeem certain outstanding convertible securities at a lower cost of capital compared to pre-agreed convertible floating terms. This move is expected to improve the company's financial structure and provide greater flexibility for future growth initiatives.

In addition to the Regulation A offering, Accredited Solutions has resolved to increase its number of authorized shares. This decision is aimed at enhancing the company's financial flexibility, allowing it to pursue its growth strategy more effectively. Notably, the company has committed to not pursuing a reverse stock split of its common stock, a decision that management believes will benefit shareholders in the long term.

The company's management team is confident that Accredited Solutions' intrinsic value is currently underestimated. They anticipate that as the growth strategy unfolds and acquisitions are completed, shareholders will recognize the potential for sustained growth and increased value.

Accredited Solutions' flagship product, Diamond Creek Water, is positioned in the growing market for alkaline water. The expansion strategy supported by this offering could potentially increase the company's market share and distribution network, leading to improved revenue and profitability.

For investors and industry observers, this offering represents a significant development in the competitive bottled water market. As consumer preferences continue to shift towards healthier beverage options, companies like Accredited Solutions are positioning themselves to capitalize on these trends through strategic acquisitions and organic growth.

The success of this offering and the subsequent execution of Accredited Solutions' growth strategy could have broader implications for the beverage industry, potentially influencing market dynamics and spurring further consolidation in the alkaline water segment.

Interested parties can find more information about Diamond Creek Water and Accredited Solutions on the company's website at https://www.diamondcreekwater.com.

As with any investment opportunity, potential investors should carefully consider the risks and opportunities presented in the company's offering documents and conduct thorough due diligence before making investment decisions.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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