FingerMotion Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company, is pleased to announce through its subsidiary, Shanghai JiuGe Information Technology Co., Ltd. ("JiuGe Technology"), the launch of the JiuGe Procurement Platform, a new enterprise procurement service developed to support and enhance JiuGe Technology's mobile recharge business with operators.
The JiuGe Procurement Platform allows suppliers to provide a centralized selection of products to the platform, and businesses, in turn, use the platform to select the items needed for employee benefits, customer rewards, or promotional campaigns. These products can then be delivered directly to employees or customers. The platform simplifies procurement, reduces costs and ensures users receive high-quality items while helping businesses engage and retain their customers.
FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data, and technology company, today announces the next phase of its strategic roadmap, which focuses on expanding its technology platforms and monetizing the core competencies developed in China for broader regional markets.
Over the past years, FingerMotion has built a strong foundation through its mobile recharge and top-up platform, data-driven analytics, and technology collaborations across multiple sectors. The Company now plans to begin productizing these solutions for deployment in markets where digital adoption and mobile engagement are increasing.
FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), today announces that the Company's Board of Directors has preliminarily approved a dividend in kind (the "Dividend") of warrants (each, a "Dividend Warrant") to purchase shares of the Company's common stock (each, a "Common Share") to holders of the Company's common stock.
The terms of the Dividend Warrants, and the record and payment dates for the Dividend, will be fixed by further resolution of the Board of Directors. The Dividend Warrants are anticipated to be created and allotted pursuant to a warrant agreement to be entered into between FingerMotion and a suitably qualified institutional warrant agent. The Company intends to file a registration statement on Form S-3 with the United States Securities and Exchange Commission (the "SEC") for the purpose of registering the Dividend Warrants and the underlying Common Shares under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), 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. The declaration of the Dividend is expected to take place after the SEC completes its review process, subject to market and other conditions.
