TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Preliminary Approval of Dividend Warrant

FingerMotion (NASDAQ: FNGR), a mobile services and data company, announced that its board of directors has preliminarily approved a dividend in kind of warrants (each, a “dividend warrant”) to purchase shares of the company’s common stock to holders of the company’s common stock. According to the announcement, the terms of the dividend warrants, as well as the record and payment dates for the dividend, will be fixed by further resolution of the board. The dividend warrants are anticipated to be created and allotted per a warrant agreement to be entered into between FingerMotion and a suitably qualified institutional warrant agent. FingerMotion intends to file a registration statement on Form S-3 with the United States Securities and Exchange Commission for the purpose of registering the dividend warrants and underlying common shares under the United States Securities Act of 1933, as amended, and to apply to the Nasdaq Stock Market LLC for the listing of the dividend warrants and the underlying common shares on the Nasdaq Capital Market.

To view the full press release, visit https://ibn.fm/OjRUk

About FingerMotion Inc.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information about the company, visit https://fingermotion.com.

NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Los Angeles, CA
www.TechMediaWire.com
310.299.1717 Office
Editor@TechMediaWire.com

TechMediaWire is powered by IBN

TechMediaWire

Share
Published by
TechMediaWire

Recent Posts

TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Set to Acquire $80 Million in Flagship California Hotels to Anchor AI-Powered Hospitality Strategy 

Nightfood Holdings (OTCQB: NGTF), a company integrating AI-driven automation with strategic hotel asset ownership, announced…

2 days ago

TechMediaBreaks – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Partners with Intellistake on Bitcoin Treasury and Asset Tokenization Initiatives

Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a…

3 days ago

TechMediaBreaks – Bollinger Innovations, Inc. (NASDAQ: BINI) to Implement 1-for-250 Reverse Stock Split Effective August 4

Bollinger Innovations (NASDAQ: BINI), an electric vehicle manufacturer, will implement a 1-for-250 reverse stock split…

3 days ago

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Launches Advanced Cryogenic Packaging Initiative to Scale Quantum Processor Development

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services,…

3 days ago

TechMediaBreaks – Safe Pro Group Inc. (NASDAQ: SPAI) Selected for U.S. Army Futures Command Warfighting Experiment 

Safe Pro Group (NASDAQ: SPAI), a leader in artificial intelligence-powered defense and security solutions, announced…

4 days ago

TechMediaBreaks – Datavault AI Inc. (NASDAQ: DVLT) Launches Enterprise Data Monetization With IBM watsonx.ai-Powered Agents

Datavault AI (NASDAQ: DVLT), a platinum partner in IBM Partner Plus, announced the expanded commercialization…

4 days ago