Pursuant to the aforementioned Exchange Agreement, 2,040,000,000 shares of common stock of Kapital, that comprises 51% of the outstanding shareholders equity of Kapital, in exchange for 36,500,000 newly issued shares of the Company’s common stock with a current market value of $0.60 per share on OTCQB.
Mr. Erdogan Cetin, Chairman and CEO of UCP Holdings, Inc., said, "This is a quite encouraging progress step forward in our ongoing effort to bring these two respected companies together. The core business model and driving investment policy of Kapital is obviously a very good strategic fit for UCP Holdings, and this majority ownership take-over would surely accelerate our success in pursuance of a highly lucrative and sustainable growth in terms of both the annual turn-over and net book value as well as strengthening our intellectual skill set, operational credentials and managerial qualifications thanks to those highly valued proprietary resources of Kapital.”
About UCP Holdings, Inc.
UCP Holdings, Inc., (US Stock: UCPH) together with its expected subsidiaries (the “Company”,“
UCPH intends to make primarily majority investments in domestic and foreign high quality companies in alignment with our specific strategy to achieve long term shareholder value. Our goal is to achieve steady growth and maximize shareholder value through investing in income producing assets that offer a high potential for capital appreciation, while maintaining high ethical standards and managing risks effectively.
The Company, in accordance with its driving strategies and core business focus, will be involved in various types of equity and debt investments having an average maturity greater than 36 months in most cases. The Company will be mostly involved in purchasing majority equity ownership interests, as well as senior secured loans and equity convertible instruments, newly issued preferred and common stock of its acquisition targets by way of exercising various types of M&A and business combination structures, including;
• Regular buy-outs, management buy-outs and buy-ins as well as leveraged buy-outs,
• Subscriptions for straight stock and equity convertibles, as well as senior secured notes and loans with registered direct offerings and exempt private placements,
• Mergers, forward triangular mergers.
Kapital is an independently established and privately held equity investment house based in Istanbul, the company, since inception of it’s business has been involved in direct equity investments in strong, growth oriented businesses which have not yet reached their real value in the industries with strong growth potential in Turkey. Kapital literally makes real asset investments primarily in energy, real estate, infrastructure and finance industries as well as indirectly in the agriculture industry with an innovative value driven approach. Kapital is distinguished with its focus on “Real Asset” investments while creating maximum value for its shareholders. The aggregate value of the company’s balance sheet assets is exceeding $45 million as per the audited financial figures by ending 2012.
Kapital generates superior long-term and above average Return on Investment (ROI) by investing in small and medium-sized enterprises, typically with high-quality, value-added products, favorable growth prospects and proven, motivated management teams who take significant equity ownership positions in their companies…
Notice Regarding Forward-Looking Statements
The statements in this press release contain certain forward-looking statements, which are subject to risks and uncertainties. Such statements, including those regarding, among other things, the success of the Company’s sales and marketing efforts, improvements in productivity, the Company’s strategy and future prospects, are dependent on a number of factors, including changes in economic, business, and competitive market conditions, and availability of financing, only some of which are within the Company’s control. Actual results could differ materially from those currently anticipated due to a number of factors, including those set forth in the Company’s Securities and Exchange Commission filings under “Risk Factors.” The Company assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. A more detailed discussion of risks attendant to the forward-looking statements included in this press release are set forth in the “Forward-Looking Statements and Risk Factors” sections of the Company’s Annual Report on Form 10-K for the year ended May 31, 2013, filed with the Securities and Exchange Commission (“SEC”), and in other reports already filed with the SEC.
UCP Holdings, Inc.
UCP Holdings, Inc.