-
Allen rushes Bills to thrilling 37-34 win over Rams
-
Boasting South Korea footballers spark rethink of military service exemptions
-
India youth shift tactics as police clamp down on election protest
-
Five dead as Hurricane Simon, Rachel pummel Mexico's Pacific coast
-
Malaysia's Firefly extends flight cancellations due to haze
-
Seoul, Tokyo stocks plunge as Asia suffers fresh tech rout
-
IMF upgrades 2026 growth forecast but warns of 'split' outlook
-
Damaged and drained, Indonesia's peatlands go up in smoke
-
Infantino could pull off 'Houdini' act as critics struggle for candidate
-
Dominant Australia wary of Pacific threat at Rugby League World Cup
-
France braces for fresh nationwide student demonstrations
-
Pope to be admitted to hospital for lung operation
-
Ahead of Israel vote, desert town becomes frontline against ultra-Orthodox expansion
-
Samoa's McFarland welcomes 'massive' arrival of ex-All Blacks for World Cup run-in
-
El Nino Watch: the impacts around the world this week
-
Brewers beat Dodgers 7-4 to extend MLB playoff lead
-
Man City, PSG clash at contrasting time for state-backed projects
-
Teenager shoots headmaster, teacher at French school
-
Akkodis Brings Multilingual Intelligence to Mercedes-AMG PETRONAS Formula One Team races
-
Melbourne imam denies links to suspected flydubai hijacker
-
'Breaking Bad' actor RJ Mitte dead: representatives
-
Coventry crush Newcastle to climb out of relegation zone
-
Former DR Congo president Kabila forms new force with M23 armed group
-
'Devastating' waves leave California beach homes on brink of collapse
-
Tom Cruise's 'Digger' tanks, leaving studio with $250 mn hole
-
Meta says its new AI models on par with OpenAI, Anthropic
-
US actress Selma Blair arrested after flight altercation
-
Talarico rejects mental health conspiracy theory after return from flu
-
One dead as Hurricane Simon creeps along Mexico's Pacific coast
-
Brazil presidential candidate Flavio Bolsonaro to visit jailed father
-
Carrick's Man United 'hungry and eager' to fix worst start in decades
-
Brazil's patron saint reappears in polarized election campaign
-
Fury as US federal agents search anti-Trump lawmaker's home
-
US Open champ Zverev to become tennis world number one
-
One goal enough for Flick as Barca enter Galatasaray cauldron
-
Migrant crisis wounds unhealed in Ceuta as Spanish royals visit
-
A7 to unveil a service that will re-invent the international payments market
-
Brazilian judge allows Flavio Bolsonaro to visit jailed father
-
'Status quo' with EU 'not good enough', UK PM says as summit date set
-
France braces for fresh student demonstrations as Macron calls for 'respect'
-
Stolen Renoir paintings found behind wall in France
-
Zelensky doubtful on Russian acceptance of Trump's 'energy ceasefire'
-
French supermarkets suffer refrigerator shutdown after 'unprecedented' cyberattack
-
Federal agents search home of Trump critic Ilhan Omar: government
-
Arsenal lose Hincapie and Zubimendi in freak double blow
-
Pakistan detains hundreds from ex-PM Khan's party as protests falter
-
Saudi says resilience tested, vows response after deadly airport attacks
-
Australia's Smith off field after being struck on helmet
-
Alcaraz exits Shanghai Masters in straight-sets loss
-
UK retains early access to test latest US AI models
Fortun Holdings Receives Additional $750,000 Under Previously Announced Friends and Family Financing Commitments
MIAMI, FL / ACCESS Newswire / July 14, 2026 / Fortun Holdings, Corp. (OTCID:FRTU) ("Fortun" or the "Company"), through its Fortun family of companies, today announced that it has received an additional $750,000 in additional capital under its previously announced friends and family financing commitments.
The additional capital is expected to support Fortun's operating and funding capacity as the Company continues to evaluate increased application volume, marketing performance, and potential funding opportunities generated through its recently enhanced growth infrastructure.
The receipt of the additional capital follows the Company's recent launch of FortunFunding.com, licensing of the 1-833-FUNDING vanity number, preliminary marketing rollout, and internal deployment of its proprietary AI-enabled workflow and transaction management platform. As previously announced, the Company has been developing proprietary technology designed to integrate lead tracking, application processing, underwriting, offer preparation, closing verification, and funding management into a unified internal operating system.
"This additional capital strengthens our ability to support the growth initiatives we have been building over the last several months," said Yoel Damas, Chief Executive Officer of Fortun Holdings. "As we continue to improve our technology, marketing, underwriting, and workflow infrastructure, access to additional capital allows us to evaluate increased funding opportunities while maintaining disciplined risk controls."
The Company noted that the additional $750,000 was received under the same terms as its previously announced friends and family financing structure. The financing provides for automatic conversion at a discount only in connection with a future uplist to a national securities exchange. If no uplist occurs, the financing remains subject to a two-year term, with an additional repayment period thereafter as provided in the applicable financing documents.
Management believes the additional capital is particularly important as Fortun continues to test and refine its customer acquisition strategy. In June 2026, the Company launched a preliminary marketing campaign with a limited test budget, following several infrastructure improvements designed to support scalable application intake, underwriting review, and transaction processing.
"Our focus is not simply raising capital for the sake of raising capital," added Mr. Damas. "Our objective is to match responsible capital deployment with the technology and underwriting infrastructure needed to scale efficiently. We believe the combination of fresh capital, improved application flow, AI-assisted underwriting tools, and disciplined portfolio controls positions Fortun to evaluate growth opportunities from a stronger foundation."
Fortun emphasized that additional capital availability does not guarantee increased funding volume, revenue, or profitability. All potential funding transactions remain subject to the Company's underwriting standards, verification procedures, portfolio guidelines, available liquidity, and risk management controls.
The Company expects to continue evaluating additional capital sources, including strategic financing, credit facilities, private capital, and other funding alternatives, to support the long-term growth of its revenue-based financing platform.
Securities Law Disclosure
The securities issued in connection with the financing have not been registered under the Securities Act of 1933, as amended, or any state securities laws, and were issued in a private placement transaction intended to qualify for an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.
About Fortun Holdings, Corp.
Fortun Holdings, Corp. (OTCID:FRTU), through its Fortun subsidiaries, provides revenue-based financing solutions to small and medium-sized businesses. The Company focuses on delivering fast, transparent, and tailored capital solutions while maintaining disciplined risk management, structured underwriting standards, technology-enabled operations, and portfolio performance controls.
More info: www.frtu.com
Funding site: www.fortunfunding.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the Company's use of proceeds from the additional capital received, expected operating and funding capacity, potential funding opportunities, customer acquisition initiatives, application growth, marketing performance, underwriting efficiency, capital deployment, future financing alternatives, potential uplist transactions, and the Company's broader growth strategy. Forward-looking statements are based on current expectations, assumptions, estimates, and projections that are subject to risks and uncertainties that could cause actual results to differ materially from those described. These risks include, but are not limited to, access to capital, availability of funding opportunities, application quality variability, underwriting and verification risks, portfolio performance variability, marketing performance risks, technology implementation risks, system adoption risks, changes in economic conditions, regulatory developments, market conditions, the risk that the Company may not complete an uplist to a national securities exchange, and other factors described from time to time in the Company's filings with OTC Markets and, in the future, the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements except as required by law.
Investor Contact
Fortun Holdings, Corp.
www.frtu.com
[email protected]
Hayden IR
James Carbonara
(646) 755-7412
[email protected]
SOURCE: Fortun Holdings, Corp.
View the original press release on ACCESS Newswire
W.Nelson--AT