ZK International Enters iGaming With Series A Investment Up To $50 Million In Carousel Group To Launch MaximBet yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
UP Fintech Raises $90 million Through a Private Placement
April 5, 2021 @ 9:35 am By JD Alois
UP Fintech Holding Limited (NASDAQ: TIGR) an online brokerage firm that wants to service global investors, reports that a consortium of institutional investors has subscribed to purchase convertible notes in an aggregate principal amount of USD $90 million through a private placement. The convertible notes to be issued will mature in 2026 unless previously converted.
In February, UP announced that a group of investors led by an affiliate of
Xiaomi Corporation had subscribed to purchase convertible notes in an aggregate principal amount of US$65 million through a private placement.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
UP Fintech Holding Limited Announces US$90 Million Private Placement of Convertible Notes
UP Fintech Holding LimitedApril 5, 2021 GMT
BEIJING, April 05, 2021 (GLOBE NEWSWIRE) UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that a consortium of leading institutional investors has subscribed to purchase convertible notes in an aggregate principal amount of US$90 million through a private placement. Consummation of the placement of the convertible notes is subject to satisfaction of customary closing conditions. The convertible notes to be issued will mature in 2026 unless previously converted.
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ZK International Group Inc. (ZKIN) stock rises by 1.22% in the pre-market trading session after ZKIN announced that they have made a $50M series A funding round in CG Malta for the purpose of launching Maximbet.com. ZK International Group is a Chinese engineering firm that develops and invests in cutting-edge technology for today’s world. With an emphasis on manufacturing, environmental, and software engineering, they develop and implement next-generation solutions
What is happening?
ZK international announced that in order to launch MaximBet.com, ZKIN is thrilled to confirm that it has led a $50 million Series A funding round in CG Malta Holding Limited which is a fast-growing and privately-held multi-state and internationally licensed sports betting and casino operator. MaximBet is a strategic alliance between CGM and Maxim, a well-known media firm
ZK International Enters iGaming With Series A Investment Up To $50 Million In Carousel Group To Launch MaximBet investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.