PINEVILLE, NC / ACCESSWIRE / November 14, 2018 / Manufactured Housing Properties Inc. (OTC PINK: MHPC) announced today that it has engaged Maxim Group LLC (''Maxim''), a leading investment banking, securities and investment management firm, to provide investment banking services to the Company.
Maxim will provide its full scope of investment banking services that includes strategic planning, developing strategic partnerships, and introducing the company to the investment community.
Executive Managing Director of Investing Banking at Maxim Group, Clifford Teller commented, ''We are excited by the opportunity to act as financial advisor to Manufactured Housing Properties at such an early stage of its growth cycle. With their robust pipeline and proven model of adding value through operations and capital investment, our full-service investment banking capabilities will complement those efforts. Together we will work to maximize value for the company and shareholders.''
''We are very pleased to have partnered with Maxim Group. Maxim is a well-established investment banking firm with very strong and diverse M&A, strategic advisory and capital-raising capabilities,'' stated Chief Executive Officer Raymond M. Gee of Manufactured Housing Properties. ''These capabilities will enable us to grow our portfolio of manufactured home communities and increase shareholder value.''
Forward Looking Statements
This press release contains ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the Company's future financial position, business strategy, plans and objectives, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as ''may,'' ''will,'' ''expects,'' ''intends,'' ''plans,'' ''projects,'' '' estimates,'' ''anticipates,'' or ''believes'' or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2016 and its other filings and submissions with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor may there be any sale of any securities in any state or jurisdiction in which such This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor may there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Maxim Group LLC
Maxim Group LLC is a leading full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; global institutional equity, fixed income and derivative sales & trading; equity research; and prime brokerage services to a diverse range of corporate clients, institutional investors and high net worth individuals. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (MSRB), and is a member of the following: Financial Industry Regulatory Authority (FINRA), Securities Insurance Protection.
About Manufactured Housing Properties
Manufactured Housing Properties Inc. and its affiliates ("Company"), acquires, owns, and operates manufactured housing communities. The Company earns income from leasing manufactured home sites to tenants who own their manufactured home and the rental of Company-owned manufactured homes to tenants.
Contact:
Michael Z. Anise
Chief Financial Officer
(704) 869-2500 ext. 244
SOURCE: Manufactured Housing Properties Inc.
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