This past week, Elio Motors announced it’s partnership with Network1 Financial Securities, Inc. as the lead placement agent for the Company’s offering of up to $30,000,000 of Convertible Subordinated Debt to accredited investors under Rule 506 (c) of Regulation D of the Securities Act. As a boutique regional firm headquartered in Red Bank, NJ, Network 1 is a FINRA member firm and is licensed to do business in 46 states and Puerto Rico.
Spearheading the effort for Network 1 Financial is Mr. Mike Zarraga. As Senior Vice President for Business Development, Mr. Zarraga has more than 20 years experience in investment banking, financial and portfolio management.
“The entire Network 1 team looks forward to facilitating the investment in the private placement and is ready to assist investors interested in learning more about the offering,” said Mr. Zarraga.
Please contact Mike Zarraga directly with any questions at 800-886-7007.