Cardea, an Atlanta, GA-based global asset management firm, raised a $15M convertible note funding.
Backers included included both existing shareholders and new strategic partners.
The company intends to use the funds to further accelerate its growth through strategic acquisitions and technological infrastructure enhancements.
Led by Jordan Waring, Chairman and Group CEO, and Neil Fillary, President and International CEO, Cardea is an emerging leader in global asset, wealth and investment management that develops strategies to match the needs of each of its advisors and clients. The firm is committed to delivering innovative solutions with a focus on growth and operations through open architecture and disciplined investment portfolios.
On August 17, 2023, Cardea entered into a definitive agreement for a business combination with Global Blockchain Acquisition Corp. (Nasdaq: GBBK), a special purpose acquisition company. Upon the completion of the transaction, the firm was listed on The Nasdaq Stock Market. The transaction provided Cardea with financing to fund its growth strategy globally.
FinSMEs
15/08/2024