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Monaker Group Increases Indirect Ownership of Entity Which Controls Longroot ICO Crypto Portal ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Monaker Group Increases Indirect Ownership of Entity Which Controls Longroot ICO Crypto Portal .
Monaker Group, IncJanuary 7, 2021 GMT
WESTON, FL, Jan. 07, 2021 (GLOBE NEWSWIRE) via NewMediaWire Monaker Group, Inc. (NASDAQ: MKGI), an innovative technology company, today announced that, in exchange for a capital contribution, it has increased its indirect ownership stake to 75% in the entity that controls the Longroot initial coin offering (ICO) portal, Longroot (Thailand) Limited (“Longroot”). The additional capital is planned to be used to expand Longroot’s staff, operations, technology platforms and reporting capabilities. Longroot is currently one of only three ICO portals Licensed and Regulated by the Securities and Exchange Commission of Thailand, allowing it to provide financing, and investment services for digital assets to companies globally. ....

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Monaker Group Increases Indirect Ownership of Entity Which Controls Longroot ICO Crypto Portal To 75%

Press release content from NewMediaWire. The AP news staff was not involved in its creation.
Monaker Group Increases Indirect Ownership of Entity Which Controls Longroot ICO Crypto Portal To 75%
Monaker Group, IncJanuary 7, 2021 GMT
Monaker Group, Inc
Monaker Group, Inc
Weston, FL - ( NewMediaWire ) - January 07, 2021 - Monaker Group, Inc. (NASDAQ: MKGI), an innovative technology company, today announced that, in exchange for a capital contribution, it has increased its indirect ownership stake to 75% in the entity that controls the Longroot initial coin offering (ICO) portal, Longroot (Thailand) Limited (“Longroot”). The additional capital is planned to be used to expand Longroot’s staff, operations, technology platforms and reporting capabilities. Longroot is currently one of only three ICO portals Licensed and Regulated by the Securities and Exchange Commission of Thailand, allowing it to provide financing, and investment services for digital a ....

United States , Richard Marshall , Linkedin Monakergroup , Bill Kerby , Exchange Commission On , Longroot Thailand Limited , Company Contact , Hotplay Enterprise , Exchange Commission Of Thailand , Monaker Group Inc , Corporate Development , Monaker Group , Monaker Group Vice , Securities Exchange , Exchange Commission , Monaker Group Vice Chairman , Compound Annual Growth Rate , Financial Advisor , Current Report , Hotplay Enterprise Limited , Nextplay Technologies , Artificial Intelligence , Safe Harbor Provisions , Private Securities Litigation Reform Act , Securities Act , Securities Exchange Act ,