MoneyOnMobile, Inc. (OTCMKTS:MOMT) Files An 8-K Regulation FD DisclosureItem 7.01
On June 7, 2018, MoneyOnMobile, Inc. (the “Company”) issued a press release announcing that (i) the Company elected to extend the expiration time of the Company’s rights offering described in the Company’s prospectus dated May 15, 2018, which forms a part of the Company’s Registration Statement on Form S-1 (Registration No. 333-223935) from 5:00 p.m., Eastern Time, on June 6, 2018, to 5:00 P.M. Eastern time on June 22, 2018; and (ii) Rights Holders are no longer required to apply a “Medallion Guarantee Stamp” to their rights certificates and that delivery of such rights certificates to the Subscription Agent with or without a medallion guarantee stamp will be deemed a duly executed rights certificate.
The press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information and exhibit attached hereto in this Section 7.01 shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing.
| Item 9.01 | Financial Statements and Exhibits. |
MoneyOnMobile, Inc. ExhibitEX-99.1 2 tv496062_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 MoneyOnMobile Rights Offering Subscription Period Extended to Friday,…To view the full exhibit click here
About MoneyOnMobile, Inc. (OTCMKTS:MOMT)
MoneyOnMobile, Inc., formerly Calpian, Inc., is an early-stage company. The Company operates through the MoneyOnMobile segment, which is a mobile wallet service used to pay for goods and services from a mobile phone and to make other financial transactions. MoneyOnMobile allows consumers, to deposit funds into their mobile wallet or to perform a financial transaction through its agent network of approximately 313,541 retail locations as of April 30, 2016. Consumers use their mobile phones to make certain routine payments for utilities or to transfer currency to other consumers using text-messaging and mobile application technology. MoneyOnMobile offers electronic wallet services (M-wallet), similar to carrying a prepaid debit card, however using the consumer’s mobile phone. MoneyOnMobile has a multi-lingual application. By using this application, customers, through its agent network, can pay for goods and services and send money anytime and anywhere.