Lion Group Holding (LGHL) has released an update.
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Lion Group Holding Ltd. has announced that its subsidiary, Lion Brokers Limited, is poised to receive a major financial boost from Vantage Asset Management Limited, with a tentative agreement for an investment of at least $10 million. The definitive agreement, detailing the terms of the investment, is expected to be finalized within the next six months, with the transaction concluding by the end of February 2025. This strategic move is set to bolster the financial position of Lion Group Holding’s brokerage arm.
For further insights into LGHL stock, check out TipRanks’ Stock Analysis page.
