Fintech stocks, especially the oldest ones … ARKF, Ark Fintech Innovation - Stock quote performance, technical chart analysis, SmartSelect Ratings, Group Leaders and the latest company headlines
Factors that may cause such differences include, but are not limited to: (1) the outcome of any legal proceedings that may be instituted against Netfin or Triterras Fintech following the announcement of the business combination; (2) the inability to complete the business combination, including due to failure to obtain approval of Netfin's shareholders or other conditions to closing in the definitive agreement relating to the business combination (the "Business Combination Agreement"); (3) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement or could otherwise cause the transactions contemplated therein to fail to close; (4) the inability to meet Nasdaq's listing requirements following the business combination; (5) the impact of COVID-19 on Netfin or Triterras Fintech; (6) the risk that the business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; (7) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of the combined company to grow and manage growth profitably and retain its key employees; (8) costs related to the business combination; (9) changes in applicable laws or regulations; (10) the possibility that Netfin, Triterras Fintech or the combined company may be adversely affected by other economic, business, and/or competitive factors; and (11) other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the business combination, including those under "Risk Factors" in the Registration Statement (as defined below), and in Netfin's other filings with the SEC. To continue reading it, access the original document here. Important Information about the Business Combination and Where to Find It, In connection with the proposed business combination, Netfin Holdco, a Cayman Islands exempted company ("Holdco"), has filed with the SEC a registration statement on Form F-4 (the "Registration Statement") which includes a proxy statement/prospectus and certain other related documents, which will be both the proxy statement to be distributed to Netfin's shareholders in connection with Netfin's solicitation of proxies for the vote by Netfin's shareholders with respect to the business combination and other matters as may be described in the Registration Statement, as well as the prospectus relating to the offer and sale of the securities of Triterras Fintech to be issued in the business combination. Netfin's shareholders and other interested persons are advised to read the preliminary proxy statement/prospectus included in the Registration Statement and the amendments thereto and the definitive proxy statement/prospectus, as these materials contain important information about the parties to the Business Combination Agreement, Netfin and the business combination.
Visa stock is beating the S&P 500 by about 13 percentage points and this is likely to continue for a long while. Netfin does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Everything about ... Tech stocks continue to get pummeled as the broader market has fallen into a correction. Most of these factors are outside Netfin's control and are difficult to predict.
Triterras Fintech is a leading fintech company focused on trade and trade finance. Netfin's and Triterras Fintech's actual results may differ from their expectations, estimates and projections and consequently, you. This press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the business combination. For the two months of July and August 2020, the company also disclosed that the total trade and trade finance transaction volume was $2.1 billion, representing an average of over $1 billion per month, a key milestone in its growth trajectory. After the Registration Statement is declared effective, the definitive proxy statement/prospectus will be mailed to Netfin's shareholders as of a record date to be established for voting on the business combination and other matters as described in the Registration Statement. Vote every day and help us win! Netfin cautions that the foregoing list of factors is not exclusive.
It seems like the 'new normal' trends are here to stay in the second half of 2020 as the coronavirus outbreak continues to aggravate with a second wave. For more information, please visit triterras.comor email us at contact@triterras.com.
The transaction, which is expected to close in Q4 2020, would provide Triterras Fintech the strategic capital to further accelerate its growth.
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