LOVA - LOVA STOCK NEWS

GoLogiq, Inc. (OTC: GOLQ) has appointed Peter Bordes, a veteran in the tech sector with over 30 years of experience, to its board of directors. His extensive background includes leadership roles in fintech and as a venture investor focused on disruptive innovation. Interim CEO Brent Suen expressed confidence that Bordes' expertise will greatly benefit the company’s growth, especially as it aims to expand its fintech ecosystem with upcoming acquisitions of GammaRey and NestEgg. This appointment follows the recent addition of Candice Beaumont to the board, now totaling five directors, with three serving independently.

GoLogiq, Inc. (OTC:GOLQ) has established a strategic advisory board to bolster its fintech and consumer data analytics platform. The board includes James W. Keyes, an innovator with CEO experience at 7-Eleven and Blockbuster, and Sim Farar, a seasoned expert in corporate development and financing. Interim CEO Brent Suen anticipates that their diverse skills will enhance GoLogiq's growth, especially in targeting wealth management for Generation Z and Millennials. Keyes and Farar both expressed enthusiasm about contributing to GoLogiq's mission to serve the unbanked and drive innovative fintech solutions.

GoLogiq, Inc. (OTC:GOLQ) has entered into a definitive share exchange agreement with Nest Egg Investments, valued at $30 million. This all-stock transaction will transform Nest Egg into a wholly owned subsidiary of GoLogiq. Nest Egg offers a mobile app for automated retirement savings, enhancing GoLogiq's fintech portfolio. The merger is timely, as Millennials and Gen Z's wealth is projected to grow significantly, with Bain & Company estimating the wealth management market could surpass $500 billion by 2030. The completion of this deal is expected in the coming weeks, subject to standard closing conditions.

GoLogiq (OTC:GOLQ) has finalized a definitive share exchange agreement to acquire GammaRey, a fintech ecosystem, for $320 million in stock valued at $3.00 per share. This acquisition will potentially enhance GoLogiq's product offerings, including eWallet and microlending, aiming for gross profit margins of up to 30%. Additionally, GoLogiq is in discussions to acquire Nest Egg, a platform focused on retirement savings, further expanding its financial services. The synergies expected from these acquisitions target the wealth management market for Millennials and Gen Z, which is projected to grow significantly in the coming years.

GoLogiq (OTC:GOLQ) has signed a binding letter of intent to acquire Nest Egg Investments in an all-stock deal worth $30 million. Nest Egg provides a mobile solution for retirement savings and investment services through its subsidiary, Nest Egg Securities. This acquisition aims to enhance GoLogiq's fintech ecosystem, especially targeting the wealth management market for Millennials and Generation Z. With a projected market growth exceeding $500 billion by 2030, the integration is expected to drive strong growth and profitability. The deal is anticipated to close in the first quarter of 2023.

GoLogiq (OTC:GOLQ) has signed a definitive share exchange agreement with GammaRey, merging as a wholly-owned subsidiary. The all-stock transaction involves GoLogiq issuing $320 million in stock at $3.00 per share for 100% of GammaRey. GammaRey boasts a profitable business with nearly $800 million in customer financial assets and a full-stack fintech ecosystem. The merger aims to capitalize on growing wealth management opportunities for Millennials and Gen Z, who reportedly increased their financial wealth by 25% last year. The transaction is expected to close soon, subject to customary terms.

GoLogiq, Inc. (OTC:GOLQ) recently appointed Candice Beaumont to its board of directors. Beaumont, a seasoned finance executive with over 20 years of experience, has held prominent roles including chairperson of Salsano Group and chief investment officer at L Investments. Her background includes executing $20 billion in M&A advisory at Lazard Frères. Beaumont expressed enthusiasm for GoLogiq's mission, particularly in relation to its planned acquisition of GammaRey, a fintech ecosystem with $800 million in assets. The appointment enhances board diversity and expertise in the fintech space.

GoLogiq (OTC:GOLQ) has signed a non-binding letter of intent to acquire GammaRey, a fintech ecosystem, in an all-stock deal valued at $320 million. GammaRey has strong cash flow and nearly $800 million in customer financial assets. The merger aims to capitalize on the growing wealth management market targeting Millennials and Generation Z, which is expected to exceed $500 billion by 2030. Following the acquisition, GoLogiq plans to apply for uplisting to a major exchange and enhance its fintech offerings. Definitive agreements are yet to be signed.

GoLogiq, Inc. (OTC: GOLQ) has appointed Granger Whitelaw as the Chairman of its newly established Asia Pacific Committee. Based in Ho Chi Minh City, Vietnam, Mr. Whitelaw will leverage his 30 years of experience in various industries, focusing on the hybrid integration of digital fintech and retail convenience stores. His extensive network and understanding of the Vietnamese market are expected to guide the company’s strategic initiatives to drive growth in Southeast Asia. CEO Matt Brent emphasized Whitelaw's role in the company's long-term strategy.