Sichenzia Ross Ference Kesner LLP Represents MoneyOnMobile, Inc., in $7.6 Million of Private Placements
Press Release – New York, NY – February 8, 2018 – Sichenzia Ross Ference Kesner LLP announced today that it represented MoneyOnMobile, Inc. (“MOMT”), a global mobile payments technology and processing company, in a private placement offering with accredited investors where MOMT sold an aggregate of 5,567 shares of Series F Preferred Stock.
MOMT issued another 2,329 shares of Series F Preferred Stock in connection with the automatic conversion of certain convertible promissory notes having outstanding aggregate principal equal to $2,080,000.
The Sichenzia Ross Ference Kesner LLP team was led by Partners Darrin M. Ocasio and Jay Yamamoto. There was no placement agent engaged in connection with this offering.
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