CEO Marco Fregenal says company will use proceeds to 'invest in sales and marketing initiatives, pursue strategic opportunities that enhance our platform and support ongoing operations'
At $2 per share, the latest offering of 3M shares is priced nearly 3 times higher than a March raise, when the North Carolina-based real estate brokerage was flirting with delisting
'Door open' to Harley's return after he relinquishes leadership roles, citing family reasons. Longtime CFO Marco Fregenal is new CEO and independent director Scott Flanders is chair
The real estate brokerage and tech platform is accelerating cost cutting after posting a $6M third-quarter loss, with revenue up 10.2% to $111.3M and agent count up 33% to 9,991
Approval by bank regulators will allow Cornerstone to 'significantly expand' product and service offerings to hundreds of thousands of customers and referral sources nationwide
The end-to-end platform got into the mortgage business last year with the acquisition of Encompass Lending Group
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