Triterras Announces Final Court Approval of Previously Disclosed Settlement of Securities Class Action Litigation
About TriterrasTriterras is a global fintech company co-headquartered in Singapore and Dubai and leading innovator of inclusive finance solutions for the world's micro, small and medium enterprises (MSMEs). The company launched and operates Kratos™—one of the world’s largest digital financing platforms--to directly connect MSMEs with lenders online and source capital across commodity trading, supply chain, logistics, and ecommerce finance. For more information, please visit triterras.com or email us at [email protected].
- Pursuant to the settlement, the Company made a $9 million payment, of which $4.25 million is expected to be covered by insurance payments.
- This press release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
- These forward-looking statements include Triterras expectations with respect to the Companys recovery of a portion of the settlement payment from its insurers.
- Triterras cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.