ECGI Holdings Inc. (ECGI) Secures Financing to Enhance Its Luxury Equestrian Brand Amid Plans to Capture Significant Share of Growing US Market
ECGI Holdings signed an agreement in December 2023, creating Pacific Saddlery, Inc., an emerging brand targeting the luxury equestrian apparel, tack, and accessories marketplace, and continues plans to move forward in that market In support of growth plans, the company recently secured the first of two $125,000 convertible note financings, with the second convertible note expected to close in July ECGI intends to use the net proceeds from the financings to significantly enhance Pacific Saddlery’s product development, helping the brand expand its offerings and capture a significant share of the U.S. luxury equestrian market The U.S. luxury equestrian tack and…