Financial services company Sino Fortune (Pending:HYJF) has filed an S-1 registration to sell up to $42 million in stock and underlying warrants in a U.S. IPO.
Sino Fortune is a fast-growing online financial marketplace that matches individuals and SMEs with capital from peers and soon, institutions.
We dont know the terms of the IPO, but I will be watching the company closely, as Im interested in its growth prospects, mobile adoption and increased focus on the SME market.
Company & Technology
Shanghai-based Sino was founded in 2013 and incorporated in 2014 in the state of Nevada and provides a China-based online portal that matches people and groups with capital (Investors) with individual and small business borrowers.
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- [By Monica Gerson]
Clean Diesel Technologies, Inc. (NASDAQ: CDTI) is projected to post a quarterly loss at $0.18 per share on revenue of $10.25 million.
Sphere 3D Corp. (NASDAQ: ANY) is estimated to post a quarterly loss at $0.11 per share on revenue of $22.10 million.
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- [By Joe Tenebruso]
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- [By Sreekanth Anasa]
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