LGHL - Lion g=Group under pressure on share subscription agreement

Lion Group Holding (LGHL) -2.7% PM, successfully executed a binding funding agreement to raise $10M through a private placement share subscription agreement in the company.Financing will be led by Yun Tian Investment through a company incorporated in Hong Kong which is funded by a group of reputable and wealthy private entrepreneurs from South China.Proceeds to be used for developing its total return swap trading business in which the parties shall co-operate with each other.Besides finance, Yun Tian will offer professional expertise and industry experience to further advance our development.

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Lion g=Group under pressure on share subscription agreement