Longfin Corp. Announces Engagement of New Independent Registered Public Accounting Firm
10 Aprile 2018 - 7:38PM
Longfin Corp. (“Longfin” or the “Company”) (LFIN), announced that,
on April 7, the company engaged AJSH & Co. LLP (“AJSH”) as its
independent registered public accounting firm. On April 5,
CohnReznick LLP (“CohnReznick”) resigned its engagement with the
Company, which resignation was effective immediately. The
engagement was approved by the Audit Committee of the Company’s
Board of Directors.
The Company’s financial statements for the period from February
1, 2017 to February 28, 2017 were audited by AJSH. AJSH’s audit
report with respect thereto (the “Prior AJSH Audit Report”) did not
contain an adverse opinion or a disclaimer of an opinion, and was
not qualified or modified as to uncertainty, audit scope or
accounting principles. CohnReznick audited the financial statements
for the year ended December 31, 2017, which had been prepared
assuming that the Company would continue as a going concern and
included an explanatory paragraph regarding the Company’s ability
to continue as a going concern.
About Longfin Corp.Longfin Corp (LFIN) is a
US-based, global Fintech company powered by artificial intelligence
(AI) and machine learning. The Company, through its wholly-owned
subsidiary, Longfin Tradex Pte. Ltd, delivers FX and alternative
finance solutions to importers/exporters and SME’s. Ziddu.com owned
by the company is the only marketplace for smart contracts on the
Ethereum blockchain. Ziddu Ethereum ERC20 blockchain Token uses a
technology stack in which Smart Contracts run in distributed
virtual machines, intended to provide solutions to warehouse
/ international trade financing, micro-lending, FX OTC derivatives,
bullion finance, and structured products. Currently, the company
has operations in Singapore, Dubai, New York and India.
IR Contact:Dragon Gate Investment Partners
LLCTel: +1(646)-801-2803Email: lfin@dgipl.com
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