Sharewell Acquires Option to Invest in C&K Capital

February 29, 2012

On February 28, 2012, Sharewell Capital Group, Inc. (OTCQB: SHCG) announced that it had acquired an option to purchase up to a 30% stake in C&K Capital Corporation.


On February 28, 2012, Sharewell Capital Group, Inc. (OTCQB: SHCG) announced that it had acquired an option to purchase a strategic minority stake in C&K Capital Corporation.  Sharewell has exercised a portion of the option, the terms of which allow Sharewell to invest up to $3,000,000 over a twelve-month period at a fixed price per share, subject to regulatory approval.  If the entire option, including associated stock purchase warrants, is exercised, Sharewell would hold a 30% equity interest in C&K.  C&K is a financial services holding company with two primary operating subsidiaries, one of which is registered investment advisor Paladin Capital Partners, Inc.  Sharewell is a San Diego, California-based publicly-traded holding company focused on acquiring controlling interests and making strategic investments in undervalued assets. 

To read the press release, please click here.


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Investment Manager Strategic Investments, Transactions