GOLOGIQ INC - GOLQ STOCK NEWS

GoLogiq, Inc. (OTC:GOLQ), a fintech and consumer data analytics provider, updated shareholders regarding the potential sale of restricted shares following its spin-off from Logiq, Inc. Under SEC Rule 144, if certain conditions are met, shareholders may trade their shares after May 20, 2023. The company filed necessary information on Form 10 and is currently non-mandatory, but expects to become a mandatory filer once its recent S-3 filing is effective. Interim CEO Brent Suen highlighted their dual strategy for shareholder value: pursuing an NYSE American listing and an acquisition strategy, including the recent purchase of GammaRey, a business with an estimated $20 million revenue run rate and significant customer assets. GoLogiq aims to enhance liquidity and shareholder value, targeting over $100 million in revenue and substantial customer financial assets.

GoLogiq, Inc. (OTC:GOLQ) announced a non-binding letter of intent to acquire Shape Super Australia Pty Ltd, a leading SMSF manager, expanding its financial services via its subsidiary, GENFI Financial Group. Shape currently administers over 1,500 self-managed super funds (SMSFs), with assets under administration exceeding AU$1.6 billion, projected to surpass AU$2.0 billion by year-end. The acquisition aims to enhance GoLogiq's offerings, benefiting accountants and financial advisors with specialized services. The deal will involve acquiring 100% of Shape, primarily through GoLogiq common shares, with negotiations ongoing and anticipated closure in Q2 2023. However, no definitive agreement has been signed yet, and completion of the transaction is not assured.

GoLogiq, Inc. (OTC:GOLQ), a U.S. fintech and consumer data analytics provider, has signed a non-binding letter of intent to acquire the Sydney-based Applied Positive Psychology Learning Institute (APPLI) for US$6 million in an all-stock deal. APPLI specializes in mental health and wellbeing solutions, serving major clients like The Reserve Bank of Australia and Price Waterhouse Coopers. This acquisition aims to enhance GoLogiq's fintech ecosystem by integrating mental wellness programs, which are increasingly vital for businesses globally. The transaction is expected to close in Q2 2023, pending the signing of a definitive agreement.

GoLogiq, Inc. (OTC: GOLQ) is advancing its growth strategy through a proposed $15 million merger with CPG Research & Advisory, adding valuable expertise in investment research and advisory services. This follows previous significant mergers with GammaRey and Nest Egg, demonstrating GoLogiq’s commitment to expanding its fintech offerings. The merger aims to enhance GoLogiq’s capabilities in serving large institutional investors, leveraging CPG's 30 years of experience and established global client base overseeing $8 billion in portfolios. The all-stock transaction will grant GoLogiq 51% ownership of CPG, set to close in Q2 2023.

GoLogiq (OTC:GOLQ) has entered a non-binding letter of intent to acquire Bateau Asset Management, enhancing its foothold in Southeast Asia. Bateau, an investment manager established in 2016, serves high-net-worth individuals and institutions and has a strong advisory presence in Australia and Singapore. The all-stock transaction is valued at $24 million, with expected closure in Q2 2023. This acquisition follows GoLogiq's recent purchase of GammaRey, which contributed significant revenue and client assets. The company is also pursuing a listing on a senior U.S. stock exchange, bolstering its market credibility.

GoLogiq, Inc. (OTC:GOLQ) has signed a non-binding letter of intent to acquire CPG Research & Advisory, a Sydney-based investment consulting firm. The acquisition aims to enhance GoLogiq's fintech platform with CPG's 30 years of advisory experience and advanced research capabilities. GoLogiq will purchase 51% of CPG in an all-stock deal valued at $15 million, expected to close in Q2 2023. This strategic move is anticipated to expand GoLogiq's market presence in the Middle East, Australia, and Southeast Asia, complementing its recent $30 million merger with Nest Egg, which introduced a profitable business and a pipeline of acquisition targets.

GoLogiq, Inc. (OTC: GOLQ) has completed its merger with GammaRey, valued at $320 million. The merger is expected to enhance GoLogiq's financial position, contributing an estimated $20 million in annual revenue and bringing nearly $800 million in customer assets. This strategic move enables GoLogiq to pursue two additional acquisition targets managing over $10 billion in assets. Additionally, a $30 million merger with Nest Egg aims to attract Generation Z and Millennial customers by launching a new retirement investing app. Interim CEO Brent Suen emphasized that these mergers improve the company's competitive strength and earnings potential.

GoLogiq, Inc. (OTC:GOLQ) has successfully completed its merger with GammaRey, allowing it to pursue two significant fintech acquisitions with over $10 billion in assets managed by 200 financial advisors. GammaRey contributes a strong cash flow with a projected $20 million annual revenue and nearly $800 million in customer assets. The company is also planning a $30 million merger with Nest Egg, which will enhance its offerings for Generation Z and Millennial customers through an AI-driven retirement investing app. Additionally, GoLogiq is moving to apply for a listing on a senior U.S. stock exchange, meeting key requirements.

GoLogiq has completed its merger with GammaRey, a fintech ecosystem designed for the New World Digital Economy. This merger is set to enhance GoLogiq's capabilities, targeting the growing wealth management market for Generation Z and Millennials, whose collective wealth is projected to reach $3.6 trillion. GammaRey contributes an estimated $20 million in annual revenue and strong cash flow, alongside nearly $800 million in customer financial assets. The combined entity aims to leverage digital banking and fintech solutions to cater to the underserved sectors of the economy. GoLogiq is also applying for a senior U.S. exchange listing.