Stampede Capital informs about company updates

26 Nov 2018 Evaluate

Stampede Capital has informed that Longfin Corp, (LFIN) USA an associate company of Stampede Capital, in which Stampede has 37.14% stake has filed an assignment for the benefit of creditors (ABC) petition in the court of New Jersey, USA. Longfin in its filing with SEC has categorically said that the equity shareholders are not going to be paid anything out of the assets of the Company in the ensuing ABC proceedings.

The above information is a part of company’s filings submitted to BSE.


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