Parvis announced that it entered into a definitive share purchase agreement to acquire 100% of the outstanding equity interests of FavorPoint Capital, a FINRA-registered broker-dealer headquartered in Scottsdale, Arizona.
The agreement was executed on the terms and conditions previously announced by Parvis in connection with its binding letter of intent dated May 21, 2026. Closing remains subject to customary conditions, including receipt of regulatory approvals.
The necessary regulatory review processes are currently underway, including the FINRA Continuing Membership Application process related to the proposed change of ownership of FavorPoint. Parvis said there can be no assurance regarding the timing of approval receipt or that all required approvals will be obtained.
The transaction is intended to support Parvis’ expansion into American private markets. FavorPoint Capital is a FINRA/SIPC member broker-dealer that helps accredited investors access professionally curated private real estate investments. The firm sources and filters American real estate opportunities, conducts multi-party diligence, negotiates investor-friendly terms where available, and facilitates deal-by-deal access to private placements offered through formal offering materials.
Parvis is a technology-driven investment platform focused on expanding access to institutional-quality private market opportunities. Headquartered in Vancouver, the company operates across Canada with teams in Toronto, Vancouver, and Montreal. Parvis is registered as an exempt market dealer under NI 31-103 and is listed on the TSX Venture Exchange under the ticker symbol PVIS.
KEY QUOTE:
“The signing of the share purchase agreement with FavorPoint Capital marks the moment Parvis becomes a truly North American business. Our ambition has always been to build the leading marketplace where qualified investors and quality private investment opportunities find each other, wherever they may be. This transaction gives us the regulatory foundation to do exactly that, opening access to more than 33 million accredited investors in the United States while we grow a leading investment marketplace across North America, matching the right capital with the right opportunities in both markets.”
David Michaud, Founder and CEO of Parvis
