$SANT finishes DD on acquisition, targets end of m
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Posted On: 07/02/2018 8:54:34 AM
$SANT finishes DD on acquisition, targets end of month closing
https://finance.yahoo.com/news/santeon-group-...00875.html
Santeon Group, Inc. completes due diligence for Corum, LLC acquisition and product release
GlobeNewswire•July 2, 2018
RESTON, Va., July 02, 2018 (GLOBE NEWSWIRE) -- Santeon Group, Inc. ("Santeon" or the "Company"
(SANT) announced today that it has successfully completed the financial and technology due diligence necessary to close on the acquisition of Corum LLC. The due diligence covered financial, operational, administrative and technology diligence. The company expects to close on the acquisition transaction on or before July 20, 2018. The company expects to launch the platform globally on August 8th and will be releasing the unique platform features a few days prior to the release.
“We have been very busy and also very energized about the acquisition and most importantly the launch of the platform,” commented Ash Rofail, Santeon Group Chairman and CEO. “It is very exciting to launch a platform that will be packed with very competitive features and to be able to take a step back and look competitively at what is currently being offered to consumers and realize the opportunity that is ahead of us.”
The company continues to conduct platform testing and expand the platform integration with other exchanges to offer an extensive order book and intelligent buying/selling tools that would empower traders to make the most economical decisions. The company is also working with its lawyers to design an SEC compliant framework that would potentially integrate platform tokens with the company stock in addition to a consumer mobile application that would function as cold storage as well as intelligent market notification and portfolio management.
The company has already started to invest in hiring additional resources to accelerate development as well as be ready to provide customer service support to its global customers while also expediting the execution of key partnerships prior to the platform launch. Within the next couple of weeks, the company will be releasing its updated marketing material to cover product as well as corporate vision and direction to shareholders and the market through its corporate website and other social media venues.
You can learn more about Santeon Group, Inc at www.santeon.com and learn more about Corum, LLC at www.corumx.com
For additional information please email info@santeon.com
https://finance.yahoo.com/news/santeon-group-...00875.html
Santeon Group, Inc. completes due diligence for Corum, LLC acquisition and product release
GlobeNewswire•July 2, 2018
RESTON, Va., July 02, 2018 (GLOBE NEWSWIRE) -- Santeon Group, Inc. ("Santeon" or the "Company"
(SANT) announced today that it has successfully completed the financial and technology due diligence necessary to close on the acquisition of Corum LLC. The due diligence covered financial, operational, administrative and technology diligence. The company expects to close on the acquisition transaction on or before July 20, 2018. The company expects to launch the platform globally on August 8th and will be releasing the unique platform features a few days prior to the release. “We have been very busy and also very energized about the acquisition and most importantly the launch of the platform,” commented Ash Rofail, Santeon Group Chairman and CEO. “It is very exciting to launch a platform that will be packed with very competitive features and to be able to take a step back and look competitively at what is currently being offered to consumers and realize the opportunity that is ahead of us.”
The company continues to conduct platform testing and expand the platform integration with other exchanges to offer an extensive order book and intelligent buying/selling tools that would empower traders to make the most economical decisions. The company is also working with its lawyers to design an SEC compliant framework that would potentially integrate platform tokens with the company stock in addition to a consumer mobile application that would function as cold storage as well as intelligent market notification and portfolio management.
The company has already started to invest in hiring additional resources to accelerate development as well as be ready to provide customer service support to its global customers while also expediting the execution of key partnerships prior to the platform launch. Within the next couple of weeks, the company will be releasing its updated marketing material to cover product as well as corporate vision and direction to shareholders and the market through its corporate website and other social media venues.
You can learn more about Santeon Group, Inc at www.santeon.com and learn more about Corum, LLC at www.corumx.com
For additional information please email info@santeon.com
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