NEW YORK, Sept. 1, 2022 /PRNewswire/ — Chardan, a worldwide funding financial institution, has introduced the launch of its Chardan Fairness Facility (ChEF) product, an modern financing answer used to assist the distinctive wants of its purchasers. The ChEF permits corporations to boost fairness on a periodic foundation after changing into public, exterior the context of a standard underwritten follow-on providing.

Firms which have just lately introduced ChEFs embrace Senti Biosciences, Inc. (Nasdaq: SNTI), an artificial biology platform firm, that has entered right into a $50 million ChEF, and Dragonfly Vitality (Nasdaq:CNTQ), an energy-storage options firm, which has introduced an settlement to enter right into a $150 million ChEF.

“The ChEF is good for newly public or soon-to-be public corporations (i.e., de-SPACs) presently dealing with a difficult and unsure capital markets surroundings who need the pliability to boost capital shortly and effectively. Chardan’s transactional experience and success elevating billions of {dollars} for innovators worldwide over the previous twenty years permits us to be an excellent accomplice with the ChEF,” mentioned Jonas Grossman, Chardan’s President and Managing Associate.

The just lately introduced ChEFs additional exhibit Chardan’s dedication to inventive options for corporations in search of entry to capital. Since 2002, Chardan has raised greater than $30 billion for corporations, together with almost $10 billion for healthcare corporations. Moreover, Chardan is a number one sponsor, underwriter and adviser of SPAC transactions, having suggested or underwritten almost 150 SPAC transactions.

About Chardan

Chardan Capital Markets, LLC (Chardan) is an unbiased world funding financial institution specializing in healthcare, disruptive applied sciences, and SPACs. Our vary of companies embrace capital elevating, merger and acquisition advisory, strategic advisory, fairness analysis, company entry, and institutional buying and selling. Headquartered in New York Metropolis, Chardan is a registered broker-dealer with the U.S. Securities and Change Fee and is a member of the next: FINRA, SIPC, NASDAQ and the NYSE Arca, Inc. 

Be taught extra about Chardan at www.chardan.com

This press launch is and the data contained therein aren’t supposed to and doesn’t represent a proposal to promote or the solicitation of a proposal to purchase, promote or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities of any specific firm (together with the referenced corporations) in any jurisdiction through which such provide, solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of any such jurisdiction. No provide of securities shall be deemed to be made besides by the use of an relevant prospectus assembly the necessities of Part 10 of the Securities Act of 1933, as amended, or an exemption therefrom. As well as, the provision of the proceeds of any ChEF to an organization is topic to getting into into the associated documentation and the phrases and situations of such documentation and market and different situations. 

Media Inquiries:

Emily Levine, Chardan
[email protected] (646) 465-9018

Margaret Gaenzle, Prosek Companions
[email protected] (804) 714-8848

SOURCE Chardan



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