Flow Capital Announces a US$1.75M Follow-On Investment in MiniLuxe

Executive Summary

• Flow Capital Corp. announced a fourth follow‑on investment in MiniLuxe Holding Corp., committing up to US $1.75 million with an initial tranche of US $1.35 million.
• The new funding brings Flow’s total aggregate investment in MiniLuxe to US $7.925 million across four separate deployments.
• Proceeds will be used to expand MiniLuxe’s studio fleet, enhance its clean‑product line, and support growth through franchising, joint ventures, and acquisitions.

Key Details

• Investor: Flow Capital Corp. (TSXV: FW) – provider of flexible growth capital and alternative debt solutions.
• Recipient: MiniLuxe Holding Corp. (TSXV: MNLX) – nail care and self‑care brand operating elevated studios and proprietary non‑toxic products.
• Commitment Amount: Up to US $1.75 million total for this tranche; first draw of US $1.35 million.
• Cumulative Investment: Total Flow Capital investment in MiniLuxe now equals US $7.925 million across four deployments.
• Use of Proceeds (as described):
• Build on high‑performing studio fleet.
• Strengthen and expand the clean, non‑toxic product line.
• Fund expansion initiatives including franchising, joint ventures, and acquisitions.
• Funding Structure: Covenant‑light, founder‑friendly growth capital; no equity dilution or traditional bank loan complexities noted.
• Contact – Flow Capital: Alex Baluta, Chief Executive Officer ([email protected]).
• Contact – MiniLuxe: Christine Mastrangelo, Corporate Secretary and Investor Relations ([email protected]).

Notable Quotes

(No direct quotes were provided in the release.)