- E-commerce solutions company Logiq (OTCQX:LGIQ) Friday reported a 47% rise in second-quarter revenues to $4.86 million and announced updates on its other corporate initiatives.
- The company said it and Abri SPAC (ASPA) have completed responses to an additional round of comments from the Securities and Exchange Commission regarding their pending merger transaction.
- Regarding its acquisition of Park Place, Logiq said that the fintech company's model is highly transferrable to emerging markets and is exploring opportunities in SE Asia and two African nations.
- Additionally, there are two new product lines Logiq is planning to launch through Park Place’s nationwide sales force later this year, including a new SME loan program, the company said.
- Source: Press Release