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Alliance Financial suspends $2 billion IPO - Regulators probe matter concerning related company


Peter Chin
Alliance Financial Services Limited has announced the suspension of its initial public offering, IPO, in order to allow regulators to assess a matter pertaining to a separate company held by its principals.
“The matter has nothing to do with Alliance Financial Services at all,” Peter Chin, Alliance Financial’s co-founder, president and CEO, told the
Financial Gleaner on Monday.
“I cannot give further details because it is before the regulators. They have to do their process,” Chin said.
The prospectus for the IPO was published on December 21, 2020, subsequent to its successful registration with the Financial Services Commission, the company said. ....

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Alliance Financial Services IPO Suspended


5:01 pm, Mon December 28, 2020
Alliance Financial Services s Initial Public Offering (IPO) which should have opened today, has been suspended.
 
 
 
Alliance Financial says after the publication of the Prospectus on December 21, the Directors of the Selling Shareholders were made aware of a matter relating to a separate entity in which there are connected parties.
 
It says the selling shareholders have deemed it prudent to suspend the IPO offer but anticipate that the matter will be resolved shortly. 
 
  ....

Alliance Financial Services Initial Public Offering , Alliance Financial , Alliance Financial Services , Initial Public Offering , Selling Shareholders , கூட்டணி நிதி சேவைகள் ஆரம்ப பொது பிரசாதம் , கூட்டணி நிதி , கூட்டணி நிதி சேவைகள் , ஆரம்ப பொது பிரசாதம் , விற்பனை பங்குதாரர்கள் ,

Alliance Financial Services postpones IPO


Alliance Financial Services has postponed its Initial Public Offering (IPO), which was to open today, December 28, 2020.
After the publication of the prospectus last Tuesday, directors of the selling shareholders were made aware of a matter relating to a separate entity in which they are connected parties, Alliance Investments stated in a just-released statement.
Consequently, “the selling shareholders have deemed it prudent to suspend the offer until January 28, 2021”.
The closing date has been extended to a new date to be announced.
Selling shareholders and Alliance founders, Robert and Peter Chin had invited the public to purchase up to 1,252,294,335 shares at the price of $1.59 per share in the IPO. ....

Peter Chin , Alliance Investments , Alliance Financial Services , Financial Services Commission , Initial Public Offering , Financial Services , பீட்டர் கன்னம் , கூட்டணி முதலீடுகள் , கூட்டணி நிதி சேவைகள் , நிதி சேவைகள் தரகு , ஆரம்ப பொது பிரசாதம் , நிதி சேவைகள் ,

Chalice Network™ secures anchor client CleverDome, validating ChalicePay's simple and secure billing and payment processing


Chalice Network™ secures anchor client CleverDome, validating ChalicePay’s simple and secure billing and payment processing
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Chalice Network proudly announces the addition of cleverDome as an enterprise partner of recently launched ChalicePay, the streamlined billing and payment platform exclusively designed for independent small business owners.
“ChalicePay is the future of billing systems for SMBs. It’s simple to use and integrate and allows SMBs to evolve their business by streamlining the retainer and one-time invoicing functions or adopting a subscription model service offering, explains Keith Gregg, CEO of Chalice Network.
SAN DIEGO (PRWEB)
December 23, 2020
Chalice Network proudly announces the addition of cleverDome as an enterprise partner of recently launched ChalicePay, the streamlined billing and payment platform exclusively designed for independent small bu ....

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