MyFiziq Receives USD$1,500,000 Funding by ACAM for NASDAQ Dual Listing
MyFiziq Limited (ASX: MYQ), a globally patented proprietary image capturing technology company has announced that it has executed a formal funding agreement for USD$1,500,000 with Asia Cornerstone Asset Management (ACAM) to seek dual listing of the Company’s securities on the main index of the NASDAQ Capital Market in line with its expansion into the US market.
In late 2019, MyFiziq commenced discussions with US advisors and bankers on the potential to dual list the Company on the US-based NASDAQ exchange. MyFiziq held several meetings with New York based bankers and advisors interested in participating in the opportunity. The outcome of these meetings saw a several offers presented to MyFiziq from well-established firms seeking to be engaged as the Company’s exclusive underwriting advisor in relation to a NASDAQ listing.
Read the full press release here.