BREVARD, N.C., May 16, 2024 (GLOBE NEWSWIRE) -- Carofin and Carolina Financial Securities (collectively "Carofin") are pleased to announce they have arranged $1.75 Million in senior secured notes (the "Notes") to support the rapid expansion of Paradigm Parachute and Defense, Inc.'s ("Paradigm" or the "Company") business. The funds were sourced through Carofin's network of accredited investors and family offices looking to allocate capital into direct private investments. Carofin established Drop Zone Canopy Company, LLC ("Drop Zone") to facilitate parachute manufacturing in collaboration with the Company and represents the second such financing arranged for the Company in the space of two years to support its growing contracts. The Notes ...