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FingerMotion, Inc. Announces Listing on NASDAQ Capital Market

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FingerMotion, Inc. (OTCQX:FNGR) announced its approval to list its shares on the Nasdaq Capital Market, with trading commencing on December 28, 2021. CEO Martin Shen emphasized the greater exposure this listing provides to investors as the company pursues ambitious growth strategies, including expansion into new markets worldwide. FingerMotion specializes in mobile payment solutions in China and aims to rapidly grow its user base along with developing value-added technologies. The company aspires to serve over 1 billion users in China and expand to other regions.

Positive
  • Approval for listing on Nasdaq Capital Market expected to enhance visibility and attract new investors.
  • Expansion plans into new markets and verticals indicate growth potential.
  • Focus on developing a highly engaged user ecosystem could lead to increased market share.
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / December 27, 2021 / FingerMotion, Inc. ("FingerMotion" or the "Company") (OTCQX:FNGR), a mobile data and services company, is pleased to announce that the Company's shares of common stock has been approved by The Nasdaq Stock Market LLC ("Nasdaq") to list on the Nasdaq Capital Market.

Trading on Nasdaq will commence on Tuesday, December 28, 2021 under the current trading symbol of "FNGR".

Martin Shen, CEO of FingerMotion, Inc., commented, "FingerMotion is very proud and excited to be joining the Nasdaq stock market as one of their newly listed technology companies. Listing on Nasdaq provides us greater exposure within the investment community as we execute on our ambitious growth strategies and key upcoming milestones, including expansion into new verticals and markets worldwide. We believe that listing on a senior stock exchange will create more value for our shareholders, allow us to expand our investor base, and provide the opportunity to gain greater visibility for our fast-growing Company within the U.S. financial community."

About FingerMotion, Inc.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from China's largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.

Company Contact:

FingerMotion, Inc.
Email: info@fingermotion.com
Phone: 718-269-3366

Investor Relations Contact:

Skyline Corporate Communications Group, LLC
Scott Powell, President

One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835 x2
Email: info@skylineccg.com

Safe Harbor Statement

This release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements give our current expectations of forecasts of future events. All statements other than statements of current or historical fact contained in this release, including statements regarding our future financial position, business strategy, new products, budgets, liquidity, cash flows, projected costs, regulatory approvals or the impact of any laws or regulations applicable to us, and plans and objectives of management for future operations, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "should," "estimate," "expect," "hope," "intend," "may," "plan," "project," "will," and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations about future events. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this release are made only as of the date hereof. We do not undertake any obligation to update any such statements or to publicly announce the results of any revisions to any of such statements to reflect future events or developments.

SOURCE: FingerMotion, Inc.



View source version on accesswire.com:
https://www.accesswire.com/679574/FingerMotion-Inc-Announces-Listing-on-NASDAQ-Capital-Market

FAQ

When does FingerMotion start trading on Nasdaq?

FingerMotion will commence trading on Nasdaq on December 28, 2021.

What is FingerMotion's stock symbol on Nasdaq?

FingerMotion's stock symbol on Nasdaq is FNGR.

What are FingerMotion's growth strategies after listing on Nasdaq?

FingerMotion plans to expand into new markets and develop value-added technologies.

How many users does FingerMotion aim to serve in China?

FingerMotion aims to serve over 1 billion users in the China market.

FingerMotion, Inc.

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