Fast Finance24 Holding Ag FWB:FF24
Fast Finance24 : Finance 24 Holding AG – Subsidiary Finance Pay Corp. takes further step towards Nasdaq listing.
Source: MarketScreener
Berlin, January 28, 2025 - Fast Finance Pay Corp, a subsidiary of Fast Finance 24 Holding AG, successfully completed a 40:1 reverse split yesterday. The closing price was USD 6.30, bringing the current market capitalization to USD 173 million.
This strategic step is an important milestone for the planned listing of Fast Finance Pay Corp. on the Nasdaq in the course of 2025. As part of the successfully completed restructuring, Fast Finance 24 Holding AG now holds a 47.887% stake in its subsidiary.
"We are excited about this important step on our growth path and are convinced that it will prepare our company for the next challenges," said CEO Sören Jensen. "With the reverse split we make Fast Finance Pay Corp. fit for the Nasdaq and create the best conditions to attract even more US investors".
Press contact:
Fast Finance 24 Holding AG, Uhlandstr. 165, 10719 Berlin, T. +49 (0)30 - 7262 1234-4, F. +49 (0)30 - 7262 1234-1, E-Mail: [email protected], www.fastfinance24.com/de/
Fast Finance 24 Holding AG is an investment company listed on the stock exchange with a focus on Internet companies with a global orientation. Its main areas of interest are finance, marketing, communication and IT. Fast Finance 24 Holding AG is constantly looking for additions to its existing portfolio, whether through new investments or the development of new business areas, which are then operated by its own subsidiaries. The FF24 share is listed on the open market of the Frankfurt Stock Exchange under the identification number (ISIN) DE000A1PG508 and is traded on the Frankfurt Stock Exchange.