Welcome to our dedicated page for IOU Financial news (Ticker: IOUFF), a resource for investors and traders seeking the latest updates and insights on IOU Financial stock.
IOU Financial Inc. (IOUFF) is a wholesale lender offering hassle-free access to growth capital for small businesses in the US and Canada. Using advanced IOU360 technology, the company has provided over US$1 billion in loans since 2009. IOU fosters financial growth and stability by connecting underwriters, merchants, and brokers in real-time. The recent approval of a statutory plan of arrangement for acquisition promises exciting opportunities for investors and stakeholders.
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IOU Financial Inc. completes acquisition by Neuberger Berman, Palos Capital, and FinTech Ventures
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IOU Financial Inc. obtains final order approving plan of arrangement
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IOU Financial Inc. announces voting results of special meeting of shareholders
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IOU Financial Inc. highlights progress in Q2 2023 with increased loan originations and revenue
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IOU Financial Inc. announces filing of management information circular for special meeting of shareholders to consider a plan of arrangement. The consideration for the arrangement is $0.22 in cash per share, representing a premium of approximately 83.3% to the closing price per share on the TSX-V on July 13, 2023. The arrangement is subject to shareholder and court approvals.
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FAQ
What is the market cap of IOU Financial (IOUFF)?
The market cap of IOU Financial (IOUFF) is approximately 17.7M.
What services does IOU Financial Inc. provide?
IOU Financial Inc. offers wholesale lending services, providing quick and easy access to growth capital for small businesses through a network of preferred brokers across the US and Canada.
What is IOU's proprietary technology platform?
IOU leverages IOU360, a cutting-edge technology platform that connects underwriters, merchants, and brokers in real-time, ensuring efficient and effective financial operations.
What significant achievement has IOU Financial Inc. recently celebrated?
The company has surpassed US$1 billion in loans originated since 2009, establishing itself as a reliable alternative to traditional banks for small business funding.
What recent event promises new opportunities for IOU Financial Inc.?
IOU has received approval for a statutory plan of arrangement under the Business Corporations Act (Québec) for acquisition, signaling growth and development ahead for the company and its stakeholders.
Where can I find more information about IOU Financial Inc.?
For further details about IOU Financial Inc., its products, and corporate history, visit the company's website at www.ioufinancial.com.
IOU Financial Inc.