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Wins Finance Holdings Inc.

WINSF | $0.055 419.44% 3.4K

(0.0% 1d) (-38.9% 1m) (-45.0% 1y) (0.0% 2d) (0.0% 3d) (0.0% 7d) (9227.78% volume)
Earnings Calendar:
Market Cap: $ 1,091,070

Sec Filling | Patents | 20 employees

Wins Finance Holdings is a Chinese financial services company engaged in providing loan guarantees, equipment leases, and direct loans to small and medium sized businesses mainly in Jinzhong, Shanxi. The origins of Wins Finance as a publicly listed company start with Sino Mercury Acquisition Corporation , which was formed as a special-purpose acquisition company. SMAC had been established and listed on the Nasdaq in 2014. The intention of forming the shell company was to raise money and serve as a backdoor for a Chinese company in the non-traditional financial sector to become listed in the US. The founders of SMAC were Richard Xu and Brad Reifler. The sole book runner on the IPO was Cantor Fitzgerald. SMAC's August 2014 IPO on the Nasdaq would raise $40 million.

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