Financial News

Boldface Beauty Completes Financing

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By: TOM BRANNA

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Celebrity licensing company Boldface Group—best known for its Kardashian Beauty collection—has successfully completed a $1.0 million round of financing from Hillair Capital Investments.

According to Boldface, money was raised through the sale of the company’s 8% senior secured convertible debentures and five-year warrants to purchase 34.6 million shares. Net proceeds from the offering are to be used for general corporate purposes.

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