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Reliable One Resources, Inc. Negotiating Alternative Public Offering with Wall Street Firm
Reliable One Resources, Inc.January 7, 2021 GMT
Athens, Texas, Jan. 07, 2021 (GLOBE NEWSWIRE) Reliable One Resources, Inc., which specializes in advanced air and water filtration solutions, today announced that the company has entered into discussions with one of the largest Wall Street investment banks to secure a multi-million investment agreement. The investment structure will be an APO (Alternative Public Offering), which is similar in many respects to a PIPE financing. The investment will be in lump sum and is designed to provide funding for expansion of its superior nano-fiber membrane filters that have applications in multiple industries and market sectors including personal protective equipment, air filtration, and water treatment.
Furniture World News By Nic Ledoux on 1/7/2021
“Helping our retailer members get back to their level of pre-COVID health is my number one priority,” said Harold Hudson, president of Summer Classics Private Label and incoming Chairman of the Board of Directors of the International Casual Furnishings Association. “Our strategic initiatives for 2021 and 2022 will promote their recovery and compel more retailers to join as they recognize the value of this dedicated support. We ll continue to create and enhance the networking, educational and philanthropic opportunities that make the ICFA so vital to professional success for every segment of our membership.”
Hudson’s illustrious industry career includes 29 years with Summer Classics and active membership and board positions with ICFA as well as the Hearth Products and Barbecue Association. He has served on the ICFA nominating and executive committees last year and was