Empire Global Corp. (OTCQB:EMGL), a company providing regulated online and offline gaming and wagering to customers throughout Italy, announced today that it has retained National Securities Corporation as the company’s investment banking firm. National Securities will provide investment banking services to assist the company in connection with (1) expanding the company’s capital base through its next stage of growth, (2) advising on the acquisition of a national gaming company in Italy that was announced on October 1, 2015, and on additional acquisition opportunities, and (3) providing strategic corporate advice.
Michele Ciavarella, Chairman and CEO, stated "We are pleased to retain National Securities Corporation -- a proven leader with a highly experienced team of advisors in assisting emerging companies -- as our investment banker for our next round of financing."
About National Holdings and National Securities Corporation:
National Holdings Corporation is a full-service investment banking and asset management firm that provides a range of services, including independent retail brokerage and advisory services, investment banking, institutional sales and trading and equity research, financial planning, market making, tax preparation, insurance and annuities, to corporations, institutional investors and high net-worth clients. With over 1,100 independent advisors, brokers, traders and sales associates, the company is a leading Independent advisor and broker services company.
National Holdings operates through five subsidiaries: National Securities Corporation, vFinance Investments, Inc., National Insurance Corporation, National Asset Management, Inc. and Gilman Ciocia, Inc. The company’s National Securities subsidiary was founded in 1947. National Holdings was organized in 1999 and is headquartered in New York and Florida. For more information, visit www.nhldcorp.com.
About Empire Global Corp.:
Empire Global Corp., together with its wholly owned subsidiaries, Multigioco Srl and Rifa Srl, is a licensed gaming operator. The company conducts its business primarily through its internet-based gambling and sports betting platform under the registered brand New Gioco on the licensed gaming website www.newgioco.it, as well as land-based neighborhood betting shops located throughout Italy.
Empire Global, through its online gaming website and shops, provides a full suite of gaming products and services, such as sports betting, online casino, poker, bingo and interactive games. Additional information is available on the company’s corporate website at www.emglcorp.com.
Legal Statements:
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification or pursuant to applicable exemptions under the securities laws of any such state or other jurisdiction.
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "forecast," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Factors which may cause such differences include the company's ability to complete additional acquisitions, expand its distribution, increase its client base and other risks disclosed in the company's SEC filings. Except as required by federal securities law, the company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information covered in this press release, including such forward-looking statements.
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