New York City, Aug. 07, 2017 (GLOBE NEWSWIRE) -- LongFin Launches IPO Via Jobs Act Regulation A+ with Sights Set on NASDAQ Listing
New York (August 7th, 2017) – LongFin Corp., an ever-evolving Global Non-Bank Fintech Alternative Finance company specializing in Structured Trade Finance powered by Technology (Artificial Intelligence and Machine Learning), today announced a Regulation A+ initial public offering that allows any investor the opportunity to invest in the Company’s vision with the aim to raise $50 Million at $5.00 per share for by way of sale of 10 Million Class A shares of its common stock. Longfin is expecting to list the shares on NASDAQ Main Board upon closing.
LongFin has acquired 100% of Stampede Tradex Pte Ltd, a Singapore based FinTech Company, post-acquisition LongFin is the parent company of Stampede which owns all key assets like low latency platform, quant team and proprietary algorithms that are powered by Artificial Intelligence and Machine Learning to create a global Non-Banking Intermediary Finance company.
The offering is being made by means of Regulation A+ Tier II, and Longfin is the First Fintech company in Structured Trade Finance solutions segment to go public. For subscription and review, you can find the offering document, subscription agreement and other informational materials at www.ipoflow.com.
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Regulation A+ offering for these securities has been filed with, and declared effective by, Securities and Exchange Commission on June 16th, 2017.
LongFin Corp is a United States Delaware based company. LongFin Corp., an ever-evolving Global Non-Bank Fintech Alternative Finance company specializing in Structured Trade Finance powered by Technology (Artificial Intelligence and Machine Learning) with locations from London to Singapore and India to Dubai, and we are expanding to the USA market as a Delaware based corporation headquartered in New York City and Miami.
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