HANGZHOU, China, October 19, 2017 – Dragon Victory International Limited, a company that offers reward-based crowdfunding opportunities and quality incubation services to entrepreneurs in China, announced the closing of its initial public offering (the “IPO”) on September 15, 2017, of 1,421,394 ordinary shares at $6.00 per share, raising a total of $8,528,363 in gross proceeds before expenses, underwriting discount and commissions. The Company also announced today that its ordinary shares will commence trading on The NASAQ Capital Market on October 20, 2017, under the ticker symbol “LYL.” Boustead Securities, LLC, acted as the lead underwriter for the IPO, and Network 1 Financial Securities, Inc. acted as the co-underwriter.
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HTFL, Boustead Securities and JingLi US recently hosted a group of prominent Chinese business executives in a visit to the NASDAQ Stock Market.
Each year, Expert gathers XP-accredited investment advisors, business partners, distributors, renowned speakers, and representatives from top investment brands in the current scenario in one place. For three days, all participants temporarily step back from their routines and immerse themselves in dozens of lectures, workshops and attractions made especially for the investment industry. This year, with the goal of building the largest structure in its history, Expert will land at the gigantic Transamerica ExpoCenter, one of the largest convention centers in Brazil.