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Standard Vape Closes on RTO with Fast Finance Holding
ACCESSWIRE
STANDARD VAPE CLOSES ON RTO WITH FAST FINANCE HOLDING
LOCUST VALLEY, NY / ACCESSWIRE / May 12, 2021 / Standard Vape Corporation (OTC PINK:SVAP); SVAP or Standard Vape announces today the closing of a reverse takeover resulting in a change of control, divestures of two existing subsidiaries, the acquisitions of two new subsidiaries and a change in the business focus of the Company to financial technology.
Effective at the close of business on Monday, May 10, 2021, Standard Vape acquired FF24 Merchant Services GmbH and FF24 Ventures GmbH, two private limited companies organized under German law which were hitherto wholly-owned subsidiaries of Fast Finance 24 Holding AG ( FF24 Holding ). FF24 Holding, a public corporation traded on the Frankfurt Stock Exchange and Xetra (symbol: FF24) in Germany, has thus become the new controlling shareholder of SVAP by virtue of the issue to it of 100,000 shares of the Class D Co
Standard Vape Corp.: Standard Vape Closes on RTO with Fast Finance Holding
STANDARD VAPE CLOSES ON RTO WITH FAST FINANCE HOLDING
LOCUST VALLEY, NY / ACCESSWIRE / May 12, 2021 / Standard Vape Corporation (OTC PINK:SVAP); SVAP or Standard Vape announces today the closing of a reverse takeover resulting in a change of control, divestures of two existing subsidiaries, the acquisitions of two new subsidiaries and a change in the business focus of the Company to financial technology.
Effective at the close of business on Monday, May 10, 2021, Standard Vape acquired FF24 Merchant Services GmbH and FF24 Ventures GmbH, two private limited companies organized under German law which were hitherto wholly-owned subsidiaries of Fast Finance 24 Holding AG ( FF24 Holding ). FF24 Holding, a public corporation traded on the Frankfurt Stock Exchange and Xetra (symbol: FF24) in Germany, has thus become the new controlling shareholder of SVAP by virtue of the issue to it of 100,000 shares of the C