Fintech Ecosystem Development Corp. Receives Notice from Nasdaq

Jun 20, 2024 | Business

 As previously disclosed, on December 27, 2023, the Company received a written notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that since the Company has not yet filed its Form 10-Q for the period ended September 30, 2023 (the “Form 10-Q”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires the Company to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). In accordance with Nasdaq Listing Rule IM-5810-1(c)(2)(A)(v), the Company submitted a plan to regain compliance with the Rule (the “Plan”).

On May 20, 2024, the Company received a written notice (the “Notice”) indicating that the Staff determined to delist the Company’s securities from Nasdaq, unless the Company timely requests a hearing before a Hearings Panel (the “Panel”), based on the Staff’s determination that the Staff only has discretion to grant an extension until May 20, 2024. The Staff noted that, in addition to the Company’s Form 10-Q for the period ended September 30, 2023, its Form 10-K for the period ended December 31, 2023 and its Form 10-Q for the period ended March 31, 2024 were also delinquent pursuant to the Rule.

Accordingly, the Company intends to timely request (the “Request”) a hearing before the Panel. The hearing request will stay the suspension of the Company’s securities with Nasdaq only for a period of 15 days pursuant to Nasdaq Listing Rule 5815(a)(1)(B) (the “Stay Rule”). The Company, pursuant to the Stay Rule, intends to include in its Request a stay of the suspension pending the hearing. Nasdaq’s notice has no immediate effect on the listing of the Company’s common stock, units or warrants on Nasdaq. The time and place of any hearing before the Panel will be determined by the Panel. There can be no assurance that the Panel will grant the Company’s request for continued stay or continued listing.

Forward-Looking Statements

Certain statements made in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this Current Report on Form 8-K are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and variations of these words or similar expressions (or the negative versions of such words or expressions), as they relate to the Company or its management team, are intended to identify forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including the Company’s ability to successfully request a further stay, successfully appeal a delisting determination, the Company’s ability to resolve the deficiency under the Rule and regain compliance with the Rule. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s final prospectus for its initial public offering filed with the SEC on October 18, 2021, and other documents of the Company filed, or to be filed, with the SEC, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. All subsequent written or oral forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by this paragraph. The Company undertakes no obligation to update or revise any forward-looking statements for revisions or changes after the date of this press release, except as required by law.

Contacts:

For Media
Kirti Naik
Email: kirti.kirk@fintechecosys.com

For Fintech Ecosystem Development Corp.
Dr. Saiful Khandaker
saiful@fintechecosys.com

Fintech Ecosystem Development Corp
Saiful Khandaker
770-402-6735
www.fintechecosys.com

ContactContact

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The Climate Ecosystem Corp Announces Token Pre-sale

Feb 23, 2022 | Business



London, UK, Feb 22, 2022 – (ACN Newswire) – The Climate Ecosystem Corp., a company of like-minded individuals united by one big concern�climate change�has announced its pre-sale. Expected to hold soon, the pre-sale will see prospective investors try to cop thousands or millions of CLIME, the project’s native token. With a total supply of 10 billion CLIME, and with dates soon to be released, investors will have the privilege of staking and farming CLIME to gain CARBC [Carbon Credit token] once the sale is over.

Born out of the need to preserve the deteriorating planet for future generations, The Climate Ecosystem aims at combating, on a larger scale, the effects of climate change. Leveraging blockchain technology and cryptocurrencies, the founding team is committed to attracting investors through the integration of decentralized finance [DeFi] technology. The Climate Ecosystem hopes to create a platform where a part of the transacted value and return on investment are kept aside to fund organizations focused, primarily, on fighting climate change.

The Climate Ecosystem Corp. will act as a bridge between potential benefactors and organizations with a focus on global climate change. Through the profits generated from investments made, investors will make voluntary donations to the course. Unprecedentedly, The Climate Ecosystem will offer investors an opportunity to make good returns as well as generate values for donations. Through this platform, The Climate Ecosystem could become the pioneer blockchain-based project that solves a real environmental problem.

A community-powered project, The Climate Ecosystem will introduce profits for holders of CLIME through transaction fees. Besides staking and farming, both of which attract zero fees, other transactions on The Climate Ecosystem will have a stipulated 10% fee. Incentivizing CLIME holders, 5% of each transaction fee obtained will be shared amongst token owners while 3% and 2% will go to donations and liquidity respectively.

CLIME holders will not only be taking an active part in fighting the consequences of one of the world’s biggest problems, but they will also can earn profits as they do so.

They also reserve the right to vote for organizations that will receive donations.

With a sustainable and viable roadmap comprising the launch of a DEX, upcoming exchange listings, in-depth research about climate change-focused organizations, first donation, and an NFT collection, The Climate Ecosystem is aiming to be the most innovative bridge between willing donors and climate change organizations globally. For more information and to be a part of this nascent project, do well to visit the website and social media pages.

About The Climate Ecosystem Corp.

This is a company with like-minded individuals from the UK, Russia, Brazil, EU, and Panama with one mission�to mitigate the effects of climate change. Aimed at addressing the problem of climate change, The Climate Ecosystem Corp. hopes to do so immediately and efficiently. Through its ecosystem, it will bridge the gap between patrons and climate change-focused organizations, ergo expediting the donation process. The Climate Ecosystem will spend a percentage of transaction fees accrued on funding organizations across the globe.

Social Links
Twitter: https://twitter.com/climetoken?s=11
Telegram: https://t.me/Climate_Ecosystem

Media Contact
Brand: The Climate Ecosystem Corp
Contact: Marketing Team
Email: сontact@clime.finance
Website: http://clime.finance/

SOURCE: The Climate Ecosystem Corp










Topic: Press release summary

Blockchain Ecosystem Exchange Launch

Oct 16, 2021 | Books, Business

AUSTIN, Texas – Oct. 14, 2021 – PRLog — CrowdPoint Technologies, Inc. (“CrowdPoint”), a Blockchain Ecosystem and Exchange provider, announced today the launch of its nextgen blockchain technology through its 11 sectors, public-private exchange strategy through the Blockchain Ecosystem Exchange (“BEX”).

CrowdPoint’s digital platform combines the power of big data, artificial intelligence, and blockchain technology to create a shared services platform for decentralized exchanges and marketplaces. With international development teams across North America, South America, Europe, Africa, the Middle East, and the Asian perimeter, CrowdPoint’s goal is to democratize data behind human identity.

“At CrowdPoint, we deliver nextgen blockchain technologies. For the average global citizen, blockchain can be confusing and bewildering. It must seem everyone is becoming a billionaire overnight. This is likely because of the noise around businesses and currency models that use blockchain,” says Sean Brehm, the Chairman & CEO of CrowdPoint Technologies. “We at CrowdPoint felt we had to make it understandable. While the potential of blockchain is disruptive and revolutionary, we believe the current use of blockchain and the subsequent wealth creation resulting from its adoption is potentially flawed and unsustainable. Our approach is simple: drive improved e-commerce using big data and blockchain to create revenue first and worry about speculation later.”

The company has spent the last year in stealth integrating 11 market sector exchanges with its shared services technologies – nextgen blockchain, big data, and artificial intelligence. The shared services also include technologies that help small and medium-sized companies grow and compete like large enterprises. The company has deployed its web-based communication service that comes prepopulated with millions of ideal customer profiles. This feat is possible through a big data customer resource manager. Also included is a website builder that provides web hosting and design services. Users can quickly build their site while integrating directly into nextgen blockchain technology. The company has already onboarded over 1000 Distributors and Resellers to date. CrowdPoint helps them sell their products online on BEX.

CrowdPoint is passionate about the success of blockchain technology and views the current cryptocurrency hype as having the potential for similar pitfalls that caused the dot-com bubble. The company created BEX to get “Left of Bang” and decrease the likelihood of another potential bust. Through a solid public-private blockchain-powered assembly of exchanges and marketplaces, CrowdPoint focuses on more efficient e-commerce.

For more information, you can visit the following links:

https://crowdpointtech.com

https://blockchainecosystem.exchange

This article may contain “forward-looking” statements within the meaning of the federal securities laws, and these statements involve substantial risks and uncertainties. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, expectations of future operating results or financial performance, market size and growth opportunities, the calculation of certain of our key financial and operating metrics, plans for future operations, competitive position, technological capabilities, and strategic relationships, as well as assumptions relations to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as “guidance,” “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall,” and variations of these terms or the negative of these terms and similar expressions. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.

CFX Ecosystem Is The King Of DeFi

Jun 1, 2021 | Business

London, UK, 31 May 2021, ZEXPRWIRE, CFX Quantum came into existence when Marco Mottana, an expert in financial management and analysis decided to onboard his more than thirty years of experience in creating innovative solutions that will alter the way things are done in the financial markets, especially in the crypto, Forex and bonds realm.

For optimum performance to be achieved in the aforementioned volatile markets, some major pillars have to be acknowledged.

• Increase the percentage of winning transactions,

• Single trade losses < Single trade winnings, and

•Maximum risk optimization.

CFX and Decentralized Finance

The CFX ecosystem is the epitome of decentralized finance because the financial management is shared by everyone, from the investors, traders down to the managers. DeFi functionalities that can be seen on CFX are numerous and increasing daily.

• Unique Arbitrage Trading System

CFX partnered with technological geniuses in Fujitsu to create a unique arbitrage trading system that levels the playing ground for individual investors.

ZEROONE is an arbitrage system, offering the maximum possible results at zero/ near-zero risks, which makes it more advanced than what is achievable in the market. The zero operational risks discussed here cover the risks of regular events and do not remove the risks that are linked to unnatural events. Users can easily enjoy the returns that are linked to crypto, Forex, and bonds markets.

ZEROONE is easy to use by everyone and company, as it takes a short period to open it. Those that stake the ZEROONE stable coin will bask in rewards that are greater than what is obtainable in the banking realm. A perk of DeFi.

• CFX’s Neobank

CFX’s Neobank screams of decentralization, as it is partnering with Optherium to bring the best banking services to users. The Neobank has payment channel that works effectively for both fiat and cryptocurrencies, thereby bridging the world of traditional finance and DeFi. Mobile compatibility is important to the team and that is why the dApp possesses a seamless user interface easy enough to be used by anyone. Domestic and International transactions are done in the same app without stress. The latter that used to be a Herculean task for traditional banking platforms is achieved in a twinkle of any eye with CFX’s Neobank. To ensure that its users can carry out transactions all over the world, the debit card issued is the Mastercard variant.

• CFX’s Decentralized Referral System

CFX ecosystem screams of decentralization, and it is noticeable in its referral system. Every serious DeFi ecosystem understands the incredible perks that come with partnering with an astute marketing team. CFX opted for ATS Sharing, a professional digital marketing team with ties to the DeFi realm. The collaboration, though a new one, has successfully onboarded more than fifty thousand users in Italy, where CFX was initially launched. This DeFi ecosystem opted for a referral marketing system in a bid to reward its users that onboard other users. CFX’s intriguing features may be innovative enough to do the talking for the ecosystem, but the team thought it wise to reward users that decide to spread the good news.

With the referral system, users will also be required for helping newcomers understand the intricacies of the ecosystem. In reality, this is the foundation of a DeFi ecosystem, where users help one another.

The SURF Proprietary Fund

In the long run, CFX will launch the SURF, which is a proprietary Investment Fund that will change the world, one person at a time. The SURF is the first ever Fund that will not only manage the typical clients, but will also effectively manage a lot of funds dedicated to those living in abject poverty in underdeveloped countries. Regularly, a part of the poorest in underdeveloped countries will be given a non-withdrawable starting capital, which will earn returns for them. The returns will go a long way to lift them up from poverty, while having a second-hand effect on others around them.

When the SURF Proprietary Fund is implemented, CFX’s major philosophy will be achieved, which is ‘not accumulating a fortune for itself, but to generate a fortune to share it with everyone, excluding no one.’

New Solutions

CFX ecosystem will be besieged with innovative solutions that are unseen anywhere else. As time goes on, these solutions will be effective in Forex, Bond, and Equity markets.