Global asset management company Cardea, situated in Atlanta, Georgia, has raised $15 million in convertible note capital.
New strategic partners as well as current stockholders were among the backers.
The company plans to use the money to improve its technology infrastructure and make strategic acquisitions in order to further accelerate its expansion.
Cardea is a rising leader in worldwide asset, wealth, and investment management that creates solutions to meet the needs of each of its advisors and clients.
It is led by Neil Fillary, President, and International CEO, and Jordan Waring, Chairman and Group CEO. With an emphasis on growth and operations, the company is dedicated to providing creative solutions through open architecture and well-managed investment portfolios.
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A final agreement for a business combination was signed by Cardea and Global Blockchain Acquisition Corp. (Nasdaq: GBBK), a special purpose acquisition company, on August 17, 2023.
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The company was listed on The Nasdaq Stock Market after the deal was finalized. Cardea received funding from the deal to further its global expansion strategy.
About Cardea
Cardea gives international wealth advice. They use innovative tools and the team’s extensive financial knowledge in all categories to help clients make better decisions that can effect multi-generational wealth.
