TMX Newsfile

Parvis Invest Inc. has signed a binding letter of intent to acquire FavorPoint Capital, a FINRA-registered broker-dealer based in Scottsdale, Arizona.

The acquisition is designed to give Canadian private market issuers a more direct and compliant path to U.S. accredited investors. Once completed, issuers using Parvis may be able to raise capital from Canadian and American investors through one platform, one onboarding process, and one regulated distribution relationship.

The transaction will occur in two stages. Parvis plans to acquire an initial 24.9% interest in FavorPoint, followed by the remaining 75.1% after receiving required FINRA approval. The deal remains subject to regulatory approvals, due diligence, and customary closing conditions.

FavorPoint’s existing leadership team is expected to remain in place to maintain regulatory continuity.

The acquisition follows Parvis’s recent expansion through Richmond Global Wealth and a proposed acquisition of Atlas One Digital Securities. Together, these moves support Parvis’s strategy of building an integrated North American private investment marketplace connecting issuers with accredited investors across Canada and the United States.

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