LGHL

Lion Signs Letter of Intent with New Full Rich to Invest in Tajikistan's Digital Mining Project

Retrieved on: 
Thursday, November 18, 2021

New Full Rich specializes in the construction, development and operation of overseas digital mines and digital mining business.

Key Points: 
  • New Full Rich specializes in the construction, development and operation of overseas digital mines and digital mining business.
  • In addition, the two groups will gradually promote the construction of a 300,000-load mine field for the second phase of the Project.
  • Lion will work closely to execute the Project and expects to achieve profit sharing of US$5 million in 2022.
  • Through this project with New Full Rich, Lion's investment and operations in digital mining in Central Asia will create valuable achievements and mark another solid step for Lion in the global digital asset industry.

Lion Announces Launch of Metaverse Project "Lion World"

Retrieved on: 
Friday, November 5, 2021

Lion Group Holding Ltd. (NASDAQ: LGHL) operates an all-in-one trading platform that offers a wide spectrum of products and services with a focus on Chinese investors.

Key Points: 
  • Lion Group Holding Ltd. (NASDAQ: LGHL) operates an all-in-one trading platform that offers a wide spectrum of products and services with a focus on Chinese investors.
  • Through its state-of-the-art technology, Lion offers contract-for-difference (CFD) trading, insurance brokerage, futures brokerage, and securities brokerage on its platform, which can be accessed through applications available on the iOS, Android, Windows, and macOS systems.
  • Most of these factors are outside the control of Lion and are difficult to predict.
  • Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Lion Announces Singapore Trading License, Expanding Southeast Asia Presence

Retrieved on: 
Monday, October 4, 2021

Ltd. ("Lion Singapore") has been granted a Capital Markets Service License ("CMS License") from the Monetary Authority of Singapore.

Key Points: 
  • Ltd. ("Lion Singapore") has been granted a Capital Markets Service License ("CMS License") from the Monetary Authority of Singapore.
  • "We are pleased to establish Lion into Singapore and expand our regional Asia presence," said Mr. Chunning (Wilson) Wang, CEO of Lion.
  • "As part of our strategic expansion plan, this milestone allows us to explore new business opportunities across Southeast Asia.
  • With the initiation of Lion Singapore, the group now has licenses in Hong Kong, Singapore, Cayman Islands and Dubai.

Lion Announces Unaudited First Half 2021 Financial Results

Retrieved on: 
Thursday, September 30, 2021

HONG KONG, Sept. 30, 2021 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services and developer of new growth products that include SPAC sponsorship, NFT, and Metaverse-related initiatives, today announced its unaudited financial results for the six months ended June 30, 2021.

Key Points: 
  • As a result of the above, net loss was $10.1 million in the first half of 2021, compared to net income of $2.8 million in the first half of 2020.
  • Diluted net loss per ADS was $0.47 in the first half of 2021, compared to diluted net income per ADS of $0.37 in the first half of 2020.
  • In the first half of 2021, the Company launched the sponsorship of two SPAC companies, in cooperation with other parties.
  • For more information on the non-GAAP financial measures, please see the table, titled "Unaudited Reconciliations of Non-GAAP and GAAP Financial Results," set forth at the end of this press release.

Lion Announces Strategic Partnership with Dawa Future Graphic Technology to Jointly Innovate Metaverse AI Tool

Retrieved on: 
Tuesday, August 17, 2021

HONG KONG, Aug. 17, 2021 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), today announced its latest strategic partnership with Dawa Future Graphic Technology Co., Ltd. ("Dawa Technology").

Key Points: 
  • HONG KONG, Aug. 17, 2021 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), today announced its latest strategic partnership with Dawa Future Graphic Technology Co., Ltd. ("Dawa Technology").
  • Through this partnership, the two companies will jointly innovate and develop the Metaverse AI tool "Cloud Production Platform", establishing a new form of digital market and establish a leading position in the construction and development of the Metaverse field.
  • Qi Lu, founder and chairman of Dawa Technology, commented, "The Metaverse AI tool will solve a series of pain points in the construction of the Metaverse field, making the construction of the virtual world faster and more convenient.
  • Our cooperation with Dawa Technology to develop the Metaverse AI tool represents an important step of our entry into the Metaverse field.