DALLAS, TX and MUMBAI, INDIA / ACCESSWIRE / June 22, 2018 / MoneyOnMobile, Inc. (OTCQB: MOMT) rights offering subscription period ends today by 5:00 PM ET. Questions about the rights offering or requests for copies of the prospectus may be directed to Mackenzie Partners at (800)322-2885 or rightsoffer@mackenziepartners.comMoneyOnMobile intends to use the net proceeds from the rights offering to provide working capital to expand growth in India and for general corporate purposes. Details of the rights offering are set out in the registration statement on Form S-1/A, as amended, file number 333-223935, and related prospectus or prospectus supplement(s) filed with the SEC, which are available on the SEC’s website at: http://bit.ly/MOMTsecEDGAR
Subscription Period Ends by 5:00 PM ET today, Friday June 22, 2018
Right holders who fully exercise their basic subscription privilege will be entitled to purchase additional shares of MoneyOnMobile Common stock via the over-subscription privilege (should any of the offering remain unsubscribed at the expiration of the subscription period). This rights offering shall not exceed $10 million (approximately 1,666,666 shares of Common stock) and be no less than $6,221,154 (approximately 1,036,859 shares of Common stock).
MoneyOnMobile has engaged Advisory Group Equity Services, Ltd. doing business as RHK Capital as Dealer-Manager in the offering, Mackenzie Partners, Inc. as Information Agent and Securities Transfer Corporation as Subscription Agent. Questions about the rights offering or requests for copies of the prospectus, when available, may be directed to Mackenzie Partners at (800)322-2885 or rightsoffer@mackenziepartners.com