bBooth, Inc. chooses DelMorgan & Co., an internationally recognized investment banking firm, as its financial advisor to consult them on potential strategic growth opportunities. This partnership might include raising debt or equity capital, as well as strategic acquisitions, joint ventures and collaborations among other initiatives, with the goal of increasing shareholder value.
“We are pleased to be working with DelMorgan,” stated bBooth CEO Rory J. Cutaia. “We’re confident that their experience in raising capital and analyzing, structuring and financing acquisition opportunities will help accelerate the growth of our company and could significantly enhance shareholder value.”
Neil Morganbesser, President & CEO of DelMorgan, continued, “We are always excited to work with companies like bBooth that are in the process of transforming an entire industry and empowering consumers. We have been very impressed with the way the company’s app and kiosk can provide widely distributed professional recording studio-quality opportunities for a variety of entertainment applications, and we are excited to be part of the next stage of bBooth’s growth and evolution.”
bBooth has not made any decision to enter into any particular transaction and there can be no assurance that bBooth will enter into any transaction in the future. For more information on bBooth and kord, visit www.bBooth.com.