ECGI (OTC: ECGI), a diversified holding company with a unique portfolio in viticulture and luxury fashion, today announced a major financial milestone. According to the update, the company has successfully secured the first of two $125,000 convertible note financings, a decisive move set to supercharge its strategic growth and expansion endeavors. The second convertible note is expected to close under the same terms next month. After fees, ECGI expects $100,000 in growth capital from each convertible note to support major initiatives. “I’d like to congratulate our dedicated investors who have shown unwavering support,” said Jamie Steigerwald, CEO of ECGI Holdings. “2024 is shaping up to be a transformative year for ECGI. Securing this financing allows us to significantly enhance Pacific Saddlery’s product development.”
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About ECGI Holdings Inc.
ECGI is a diversified holding company with a distinctive portfolio encompassing viticulture and luxury fashion. The company owns and manages a five-acre vineyard in Lake County, California, specializing in cultivating Petite Sirah, known for its bold and rich character, which aligns with the growing demand for unique and high-quality wine experiences. In the fashion sector, ECGI has strategically invested in Pacific Saddlery, a premier manufacturer and retailer of luxury equestrian tack, apparel and accessories. This unique blend of wine and fashion investments reflects ECGI Holdings’ commitment to delivering sophistication and innovation across diverse markets, positioning the company as a distinctive player in the intersection of technology, viticulture and luxury lifestyle. For additional information, please contact the company at [email protected].
NOTE TO INVESTORS: The latest news and updates relating to ECGI are available in the company’s newsroom at https://ibn.fm/ECGI
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