Fearless Films Completes Prospectus Registration for $5 Million Equity Facility from Crown Bridge Partners

Fearless Films, Inc. (“Company”) (FERL) is pleased to announce that it has completed the S-1 registration process for its $5 million equity financing facility with Crown Bridge Partners, LLC. The final Prospectus was filed February 12, 2020 following receipt from the SEC that the S-1 was effective as of 4pm February 11, 2020. This completes the registration process requirement of the facility announced December 19, 2019 and makes available up to $5 million of equity financing to the Company.

Funds from the facility will be used to develop the company’s balance sheet by providing capital to complete the acquisition of a film library, enable the Company to participate as a partner with other film producers, and complete its own film projects. The facility may also be used to repay debt and to provide capital for general corporate purposes.

“The growth of streaming media has created rising demand for quality entertainment properties” stated Victor Altomare, CEO of the wholly-owned operating division, founder and creative lead for Fearless Films Inc. “We have a number of projects that are promising and designed to meet the needs of film distribution platforms; this funding will enhance our ability to realize on them. We appreciate Crown Bridge Partners, LLC’s belief in our vision for the company” he added.

Seth Ahdoot, member of Crown Bridge Partners, LLC, stated “Fearless Films, Inc. is unique and attractive to us on several levels, including but not limited to our criteria for quality of management and growth potential. Crown Bridge Partners is looking forward to playing a supportive role in the company’s future growth.”

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