BitFrontier Capital Holdings Engages Wellfleet Investments for Strategic Capital Raise

BitFrontier Capital Holdings, Inc. (OTCID: BFCH), operating as EVERMIND Holdings, Inc., has engaged Wellfleet Investments LLC, a veteran investment banking firm established in New York in 1998, to support its strategic capital formation efforts. This engagement represents a significant step for the physician-led turnaround public company as it seeks to execute a disciplined capital strategy. Wellfleet Investments LLC is a registered broker-dealer with the U.S. Securities and Exchange Commission and maintains membership with both FINRA (https://www.finra.org) and SIPC (https://www.sipc.org), bringing institutional credibility to BFCH's capital formation plans.

The company plans to execute its capital strategy in two distinct phases designed to systematically build value and compliance. Phase I involves a seed raise of $150,000 that will fund critical foundational elements including legal and compliance review, modernization of the Company's Charter and Bylaws, governance enhancements, and the formation of EVERMIND Labs. Additional proceeds will support PCAOB audit preparation, OTCQB uplisting readiness, and expanded investor relations activities. This initial phase sets the stage for the company's transition to a more regulated market environment.

Phase II represents a more substantial institutional raise targeting $1.5 million to $2 million, contingent upon successful completion of Phase I and advancement to OTCQB status. At this stage, the company plans to work with Wellfleet to conduct a seven-figure capital raise that will enable the vending in of additional accretive assets and the transition of these assets into value-producing operations. The phased approach demonstrates a methodical strategy uncommon in OTC markets, where companies often pursue capital without establishing proper governance and compliance foundations first.

Dr. Jordan P. Balencic, CEO of BFCH, emphasized the significance of securing a FINRA-registered investment banker at this early stage, noting that it validates the company's disciplined path toward creating asymmetric returns for shareholders. The engagement signals institutional alignment and professional capital formation strategy that smart capital typically seeks. Jeffrey Bega, CEO and Managing Partner of Wellfleet Investments LLC, confirmed that his firm's role involves connecting BFCH's disciplined plan with family offices and institutional investors who value early-stage structured turnarounds.

In parallel with these capital formation efforts, BFCH has recently amended its Q2 Report (https://www.otcmarkets.com) and amended its 2024 Management Certification (https://www.otcmarkets.com) on OTC Markets to ensure filings accurately reflect current management, capitalization, and strategic direction. These compliance-focused actions, combined with the engagement of a registered broker-dealer, position the company for potential uplisting to OTCQB and demonstrate commitment to transparency and regulatory compliance. The company's focus on cognitive health, functional wellness, and performance-driven innovation through its EVERMIND platform represents a growing market opportunity that disciplined capital formation could help capture.