Charleston, SC, Feb. 03, 2022 (GLOBE NEWSWIRE) -- SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC:SMCE) and its majority-owned subsidiary, Genesis Financial, Inc. (“Genesis”) - an integrated financial technology company (“Fintech”) are pleased to announce the closing of $2,000,000 bridge financing (“Bridge Financing”) The company has secured $1,500,000 with AD Asset Management LTD through its AD High Yield Income Fund the balance was secured with a boutique hedge fund. Both the International Asset Management Fund and the boutique hedge fund group specialize in FinTech development globally.
SMC/Genesis Financial, Provider of Integrated Digital Financial Services, Completes $2.0 Million Institutional Bridge Financing $1.5 Million through AD Asset Management LTD
Globe Newswire - Press Release
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