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FATFISH GROUP LIMITED — Capital/Financing Update 2018
Jun 26, 2018
64911_rns_2018-06-26_a866f491-bcb8-4490-9242-eda27119611e.pdf
Capital/Financing Update
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Fatfish Internet Group Ltd (ACN 004 080 460) Level 4, 91 William Street Melbourne VIC 3000 Australia
27 June 2018
Fatfish Shares Commence Trading on the OTCQB Market
Highlights
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The dual listing on the OTCQB has been completed and Fatfish shares have commenced trading on the OTCQB of the US OTC Market
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May potentially create greater demand and liquidity for Fatfish shares
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The OTCQB listing allows access to the Noth American investment market
International tech venture builder Fatfish Internet Group Ltd (“Fatfish” or the “Company”) is pleased to announce that the Company’s shares have commenced trading on the OTCQB market. Allowing North American investors access to invest in Fatfish directly in a full regulatory compliant framework, the OTCQB dual listing may potentially create greater demand and liquidity for Fatfish shares.
The OTCQB is a US-based financial market operated by the OTC Markets Group in New York and it is the second highest tier of the U.S. OTC markets. As a decentralized market, securities such as Fatfish are traded directly by a network of dealers Instead of providing an order matchmaking service like the New York Stock Exchange and the dual listing is non-dilutive to existing Fatfish shareholders.
Through the OTCQB listing, Fatfish aims to engage a far greater network of U.S. investors, data distributors and media partners, ensuring that North American investors have access to the same high-quality information and ease of trading that are available to investors in Australia, while ensuring full regulatory compliance to the U.S. securities framework.
Fatfish shares are now traded on OTCQB under the symbol FFTTF.
Fatfish CEO Kin Wai Lau commented “We are very pleased that FFTTF shares have commenced trading on the OTCQB. This dual listing is an important step in attracting further U.S. investment and increasing overall awareness for Fatfish amongst North American investors.”
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Fatfish Internet Group Ltd (ACN 004 080 460) Level 4, 91 William Street Melbourne VIC 3000 Australia
About Fatfish Internet Group
Fatfish Internet Group Ltd (ASX: FFG, OTCQB:FFTTF) is a publicly traded international venture investment and development firm. Fatfish partners with entrepreneurs and experienced executives to build and grow tech businesses via a co-entrepreneurship model. Fatfish focusses on emerging global technology trend, specifically Fatfish has been investing strategically across various sectors of blockchain , cryptocurrency and consumer internet technologies.
Fatfish operates from its venture hubs located in Singapore, Kuala Lumpur and Stockholm.
For further question on this release, please contact: Investor RelationManager Jane Morgan + 61 (0) 405 555 618 [email protected] or visit www.fatfish.co