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Financings

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

By The Northwire Desk — AI Analysis Apr 01, 2026 · 17:01 MNLX · 0.28 Miniluxe Holding Corp.
MNLX · Price

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.)

Read the original news release →

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