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Flow Announces An Investment In Askvet

Flow Announces An Investment In Askvet

11/11/21, 7:15 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgtoronto
Flow Capital Corp. (TSXV:FW) (“Flow Capital”, “Flow”, or the "Company") announces that it has closed the first tranche of an investment in VET24SEVEN, INC. (“AskVet”), a technology-based pet wellness platform.

Company Info

Company
Ask Vet
Location
toronto, ontario, canada
Additional Info
The company provides pet owners 24/7 virtual access to veterinarians and pet coaches for a personalized, guided experience that creates healthy habits and joyful pets. Key assumptions include, but are not limited to: assumptions that the Canadian and U.S. economies relevant to the Company’s investment focus will remain relatively stable over the next 12 to 24 months; that interest rates will not increase dramatically over the next 12 to 24 months; that the Company's existing investees will continue to make royalty payments to the Company as and when required; that the businesses of the Company's investees will not experience material negative results; that the Company will be able to successfully integrate and grow the businesses of its predecessor companies; that the Company will continue to grow its portfolio in a manner similar to what has already been established; that tax rates and tax laws will not change significantly in Canada and the U.S.; that more small to medium private and public companies will continue to require access to alternative sources of capital; that the Company will have the ability to raise required equity and/or debt financing on acceptable terms; and that the Company will have sufficient free cash flow to pay dividends. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. AskVet provides pet parents a team of experts to answer questions on anything from wellness, nutrition, and behavior to chronic conditions, new puppies, senior issues and everything in between. AskVet is an online/mobile pet wellness management platform that helps pet owners manage their pet’s daily health and wellness. AskVet is the first and only pet wellness management platform built on the belief that a pet’s lifestyle directly impacts their overall health and happiness.