LOGIQ


Associated tags: Luigi, Inc., OTCQX, OTC, Cryptocurrency, Fintech

GoLogiq Plans to Present at the 25th Annual H.C. Wainwright, September 11-13, 2023

Retrieved on: 
Wednesday, September 6, 2023

The conference will feature on-demand presentations by companies across a range of industries.

Key Points: 
  • The conference will feature on-demand presentations by companies across a range of industries.
  • GoLogiq CEO Granger Whitelaw will be joined by the company’s chairman Brent Suen for virtual one-on-one meetings with investors and analysts held throughout the day.
  • Management will discuss the company’s market leadership in providing financial services through technology-based solutions in both emerging and developed markets.
  • For questions or further information about GoLogiq, please contact Ron Both of CMA at +1 (949) 432-7557 or submit your request here .

Logiq Reports Continued Progress with Major Corporate Initiatives, with Strong Outlook for 2023 on Track

Retrieved on: 
Friday, August 25, 2023

A new major consumer product client signed in November 2022 has transitioned to Logiq’s programmatic advertising platform which should generate high-margin revenues.

Key Points: 
  • A new major consumer product client signed in November 2022 has transitioned to Logiq’s programmatic advertising platform which should generate high-margin revenues.
  • The associated credit facility to enable the ramp up of this business is dependent upon a listing on a senior stock exchange.
  • DataLogiq (DLQ) Subsidiary SPAC Merger: The company has continued to progress toward the completion of the SPAC merger.
  • Our goal with the acquisition of such targets are for Logiq to realize revenues well in excess of current levels.”

GoLogiq Plans to Acquire Swedish Fintech Company, Fram Venture 7, and its Vietnamese SME-Lending Platform, DragonLend

Retrieved on: 
Thursday, August 17, 2023

The acquisition includes all of Fram Venture 7’s equity interest in its wholly-owned subsidiary, DragonLend , a lending platform for profitable small and medium-sized enterprises (SME) in Vietnam.

Key Points: 
  • The acquisition includes all of Fram Venture 7’s equity interest in its wholly-owned subsidiary, DragonLend , a lending platform for profitable small and medium-sized enterprises (SME) in Vietnam.
  • The acquisition is expected to complement GoLogiq’s existing fintech ecosystem, which encompasses a range of financial services, from payroll services to retirement investing.
  • DragonLend provides short-term (three to six months) working capital finance solutions to profitable Vietnamese SMEs.
  • Under the terms of the letter of intent, GoLogiq will acquire 100% of Fram Venture 7 and secure employment agreements with management.

GoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million

Retrieved on: 
Thursday, July 27, 2023

The global payroll and HR solutions and services market is projected to grow at a 8.4% CAGR to reach $50.4 billion by 2030.

Key Points: 
  • The global payroll and HR solutions and services market is projected to grow at a 8.4% CAGR to reach $50.4 billion by 2030.
  • Symplefy solves these problems with a highly affordable and easy to implement cloud-based system for payroll and HR management.
  • Its HR management system automates time-tracking and employee leave management while its payroll solution generates accurate payrolls and comprehensive reports.
  • GoLogiq is to issue shareholders of Symplefy common shares of GoLogiq valued at $15 million in exchange for 100% of Symplefy.

GoLogiq Appoints Hunter Gaylor as President and COO

Retrieved on: 
Wednesday, June 21, 2023

NEW YORK, June 21, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has appointed Hunter Gaylor as president and chief operating officer.

Key Points: 
  • NEW YORK, June 21, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has appointed Hunter Gaylor as president and chief operating officer.
  • GammaRey brought to GoLogiq a financial assets management business with nearly $800 million under advisement.
  • Gaylor brings to GoLogiq a wealth of experience in driving international business development and successful acquisitions.
  • “I am excited to join GoLogiq at this transformative stage in its development and help lead its global expansion,” stated Gaylor.

GoLogiq to Combine Fintech Assets with Recruiter.com, Creating Nasdaq-Listed Global Fintech Platform

Retrieved on: 
Tuesday, June 6, 2023

Recruiter and GoLogiq plan to review the market capitalization of Recruiter six months following the closing of the business combination.

Key Points: 
  • Recruiter and GoLogiq plan to review the market capitalization of Recruiter six months following the closing of the business combination.
  • If the market capitalization of the combined company is at least $130 million at that time, additional shares may be issued to GoLogiq.
  • GoLogiq plans to continue to be quoted on the OTC Markets and maintain the GammaRey operating subsidiary it recently acquired.
  • Joseph Gunnar & Co., LLC is acting as the exclusive financial advisor to Recruiter.com and GoLogiq in connection with the transaction.

Logiq Reports Q4 2022 Pro Forma Revenue Up 121% Sequentially and 22% Y/Y to Record $8.4 Million; Annualized Run Rate Now at $45 Million vs. $20.3 Million in 2022

Retrieved on: 
Friday, May 12, 2023

Based on existing contracts and revenue streams, the company entered 2023 at a more than $40 million annualized run-rate.

Key Points: 
  • Based on existing contracts and revenue streams, the company entered 2023 at a more than $40 million annualized run-rate.
  • Following the recent acquisition of Park Place Payments, Logiq’s annualized run-rate has increased to more than $45 million.
  • The additional revenue increased Logiq’s annualized revenue run rate to more than $45 million.
  • This helped begin the year at an estimated annualized revenue run rate of more than $40 million.

OTC Markets Requests Logiq to Comment on Recent Promotional Activity

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX: LGIQ) (“Logiq” or “Company”) has received a request from the OTC Markets Group to comment on recent promotional activity related to Logiq’s common stock quoted on the OTC Markets.

Key Points: 
  • NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX: LGIQ) (“Logiq” or “Company”) has received a request from the OTC Markets Group to comment on recent promotional activity related to Logiq’s common stock quoted on the OTC Markets.
  • Logiq provided Life Water Media publicly available source information for these materials, reviewed the materials for accuracy and had full editorial control over the materials.
  • On May 8, 2023, Company management was notified by OTC Markets that it was monitoring these promotional activities.
  • On September 1, 2021, 1,169,652 shares of Logiq common stock underlying such Notes were issued pursuant to this conversion.

Logiq Appoints Technology Visionary and Investor, Peter Bordes, to Board of Directors

Retrieved on: 
Tuesday, May 9, 2023

NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX:LGIQ), a leading provider of digital consumer acquisition solutions, has appointed tech industry visionary and venture investor, Peter Bordes , to its board of directors.

Key Points: 
  • NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX:LGIQ), a leading provider of digital consumer acquisition solutions, has appointed tech industry visionary and venture investor, Peter Bordes , to its board of directors.
  • Following his appointment, the board consists of four directors, with two serving independently.
  • He also brings to Logiq years of accomplishment in venture investing focused on disruptive technology innovation driving digital transformation.
  • “We anticipate Peter's extensive experience as a venture investor, senior executive and board member contributing significantly to our growth strategy and M&A initiatives,” stated Logiq CEO, Brent Suen.

Logiq’s Advanced Programmatic Ad Platform Saving Companies Millions through Powerful AI-Powered Fraud Detection and Analytics

Retrieved on: 
Tuesday, May 9, 2023

At the heart of Logiq’s AI-powered Ad-tech platform is a unique digital advertising fraud detection system with patented cutting-edge capabilities.

Key Points: 
  • At the heart of Logiq’s AI-powered Ad-tech platform is a unique digital advertising fraud detection system with patented cutting-edge capabilities.
  • Through the proprietary application of advanced algorithms and machine learning techniques, Logiq’s programmatic platform analyzes vast amounts of data to detect fraudulent practices, such as click fraud, impression fraud, and traffic manipulation.
  • What further sets Logiq’s programmatic platform apart from other fraud detection systems is its intelligent ability to adapt and evolve alongside ever-changing fraudulent tactics.
  • Overall, Logiq’s AI platform is a powerful tool in the fight against digital advertising fraud.