Longfin Corp. Becomes the First Public-listed FinTech Company Under Reg A+ on Nasdaq
New York, Dec. 13, 2017 (GLOBE NEWSWIRE) -- Longfin Corp. (NASDAQ: LFIN), a leading global FinTech company, announces that it will be traded on the Nasdaq market for the first day after its initial public offering (IPO) under Reg A+ closing on December 8, 2017.
"We are delighted to be the first FinTech company went public through Reg A+ on the Nasdaq market," commented Mr. Meenavalli, Chairman and CEO of Longfin. "We acknowledged the Nasdaq and the Jumpstart Our Business Startups (JOBS) Act for providing micro-cap companies, like us, with great opportunities to raise capital from the market. We will use the capital we raised during IPO to execute our growth agenda so that we can maximize the shareholder value."
The Children's Orchestra Society, led by Yeou-Cheng Ma, sister of Yo-Yo Ma, will perform at the IPO celebration dinner to thank for Longfin's supports.
About the Children's Orchestra Society
The Children's Orchestra Society (COS), founded in 1962 by Dr. H.T. Ma, is a not-for-profit organization dedicated to "teaching the language of music" to children and teens. Our mission is to cultivate and nurture children and teach them teamwork and life skills through music-learning and performing in orchestral and chamber music settings. Members of COS receive excellent training in classical music and opportunities to perform in concerts with their peers as well as with well-established musicians. Today's musicians are selected from our faculty, most of whom are Alumni of COS. More information www.childrensorch.org.
About Longfin Corp.
Longfin ("LFIN") is a US-based, global FinTech company powered by Artificial Intelligence (AI) and Machine Learning. The company, through its wholly-owned subsidiary, Stampede Tradex Pte. Ltd., delivers foreign exchange and finance solutions to importers/exporters and SMEs. Currently, Longfin has operations in London, Singapore, Dubai, New York, Miami and India.