MIAMI — Blue Mahoe Capital, Inc., a US-based impact investment firm primarily focused on affordable housing and asset management in the Caribbean today announced that it has reserved the ticker symbol “IRIE” with Nasdaq in connection with its plans to explore a potential public offering and listing in the future.
“Reserving a ticker symbol is an exciting milestone as we explore the possibility of listing on a major U.S. exchange,” said David Mullings, Chairman and CEO of Blue Mahoe Capital. “We are committed to transparency, strong governance, and creating long-term value for our shareholders while giving them access to the next investment frontier.”
At this time, no offering statement has been filed with the U.S. Securities and Exchange Commission, and there can be no assurance that the firm will pursue or complete any such offering.
Reserving a Nasdaq ticker does not guarantee a future listing on Nasdaq or indicate that Blue Mahoe Capital, Inc meets any of Nasdaq’s listing criteria to do so.
Blue Mahoe Capital is wrapping up its Regulation CF funding round on Silicon Prairie. The investment round through the regulated platform will close at the end of the month, with May 1 being the last day to invest through the platform.
To learn more about investing in Blue Mahoe Capital, please read the offering circular here. The company recently shared updates on Bloomberg TV that Phase 1 of the Penn Village development in Old Harbour, Jamaica, which has 200 units, already has over 275 individuals who have made contact to be on the list to purchase.
The development is a total of 700 1-Bedroom houses and represents a US$17.5 million total capital outlay. Mullings also announced a 50-acre development in Jamaica, and the intention to launch and list two new funds in Jamaica.
For more information about Blue Mahoe Capital and its Reg CF offering, visit www.IslandForward.com.
Founded by visionary entrepreneur David P. A. Mullings, Blue Mahoe Holdings, Inc. is focused on doing well and doing good via investments in opportunities with a Caribbean focus. We invest directly from our balance sheet and main holding is Blue Mahoe Capital, a private company investing across the Caribbean by giving retail investors access to opportunities, including affordable housing. We also own Blue Mahoe Finance, a private credit vehicle, manage Blue Mahoe Capital Appreciation, Blue Mahoe Caribbean REIT, Blue Mahoe Property Fund, own a minority stake in Diomedea Advisors based in The Bahamas, a significant minority stake in Sprint Financial Services Ltd. in Jamaica, a minority stake in 876 Technology Solutions Ltd. in Jamaica and own Realvibez Entertainment based in Florida with a subsidiary, Reelvibez Studios Ltd. in Jamaica.
The company primarily invests in Jamaica and The Bahamas but plans to expand into Barbados and Guyana with other CARICOM countries to follow. The region is overlooked and the perception is that small islands means small profits. We get excited about about industries, countries and regions when the following 3 things are present:
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perception is different from reality
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lack of equity capital flowing in
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inefficiencies are present
Our investment framework is based on the philosophy of Warren Buffett and we evaluate all opportunities based on his approach to investing. Blue Mahoe Holdings operates as a single family office for the Mullings Family and is chaired by David P. A. Mullings with Catherine Goodall-Jackson as Vice Chair.
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