Brief: ZK International And Altbanc Join Forces To Launch A Fixed Income Token Offering

ZK International Co

14/04/2021 13:43

April 14 (Reuters) - ZK International Group Co Ltd  ZKIN.O :
    * ZK INTERNATIONAL AND ALTBANC JOIN FORCES TO LAUNCH A FIXED
INCOME TOKEN OFFERING
    * ZK INTERNATIONAL GROUP CO LTD - ENTERED INTO A LETTER OF
INTENT
TO FORM A JOINT-VENTURE WITH ALTFUNDING, LLC
    * ZK INTERNATIONAL GROUP - JOINT VENTURE WILL BE BRANDED AS
"XSIGMA LENDING" WHERE ALTBANC WILL HOLD 49% OWNERSHIP AND ZKIN
WILL HOLD 51% OWNERSHIP
    * ZK INTERNATIONAL GROUP CO LTD - PURCHASE PRICE IS $2
MILLION

Source text for Eikon:  ID:nPn46mCb4a 
Further company coverage:  ZKIN.O 

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