SUIC Beneway Announces Agreement Signing with IR Firm, Bankers and Wall Street Professionals As It Launches Its Roadshow For Initial Public Offering and Pre-IPO Fund Raising in July 2022

Rhea-AI Summary

Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC) announced the execution of agreements with investment firms and banks in preparation for its upcoming initial public offering (IPO) and pre-IPO fundraising set for July 2022. The company, known for its innovative fintech solutions, aims to showcase its business model during public roadshows aimed at attracting investors. These initiatives signal the company's commitment to becoming publicly traded while potentially expanding its market presence in sectors like P2P lending and digital payments.

Positive

• Scheduled public roadshows to present SUIC's business to potential investors.
• Partnerships with investment firms and banking professionals could enhance IPO success.
• Focus on fintech innovation positions SUIC in a growing market.

Negative

• None.

News Market Reaction – SUIC

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-6.76% News Effect

On the day this news was published, SUIC declined 6.76%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, NY / ACCESSWIRE / June 7, 2022 / Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC), SUIC Beneway announces signing and executing various agreements with IR firms, bankers and roadshows with Wall Street professionals. It confirms timetable of its roadshows for proposed initial public offering of its common stock and pre-IPO fund raising in July 2022.

SUIC Beneway, dubbed as New Age Bank Ecosystem, offers innovative fintech platforms for on-line lending and e-Partnerships for merchants. SUIC Beneway provide the Fintech platform, expertise and dependable programs related to P2P lending, digital E-wallets, digital cross border payments and payment gateways, facilitating professional and transparent partnerships with fintech builders and their community of customers, merchants, banks, and third party payment providers, providing fast and safe access to revenue streams and burgeoning markets.

"We are pleased to announce our upcoming public roadshow to showcase SUIC Beneway's story to the investing community prior to our initial public offering. We thank our new partners including the IR firms, bankers and professionals of Wall Street for their strong support and overwhelming interest in our endeavor of becoming a publicly traded company." said Yanru Zhou, CEO of SUIC.

About Sino United Worldwide Consolidated Ltd., USA

The Sino United Worldwide Consolidated Ltd. provides research and development, venture financing for and investing in private enterprises and the public sector that develop products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services. Shareholders of SUIC will be exposed to the diverse application of advanced services in various parts of the economy. Additionally, existing and potential customers can benefit from this company's diversified portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help build tech-enabled businesses of the future. To learn more, please visit www.sinounitedco.com.

Forward-Looking Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release is considered considering all Company filings contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

CONTACT:
Sino United Worldwide Consolidated Ltd.
New Release Department
929-391-2550

SOURCE: Sino United Worldwide Consolidated Ltd.

View source version on accesswire.com:
https://www.accesswire.com/704115/SUIC-Beneway-Announces-Agreement-Signing-with-IR-Firm-Bankers-and-Wall-Street-Professionals-As-It-Launches-Its-Roadshow-For-Initial-Public-Offering-and-Pre-IPO-Fund-Raising-in-July-2022

FAQ

What is the purpose of Sino United Worldwide Consolidated Ltd.'s upcoming roadshows?

The roadshows are intended to showcase SUIC Beneway's business model to potential investors ahead of its initial public offering.

When is the proposed initial public offering for SUIC scheduled?

The initial public offering for Sino United Worldwide Consolidated Ltd. is scheduled for July 2022.

What financial activities is SUIC engaged in prior to its IPO?

SUIC is executing agreements with IR firms and bankers for pre-IPO fundraising in preparation for its public offering.

How does SUIC plan to utilize the funds raised from the IPO?

While specific details on fund utilization were not disclosed, the focus on fintech solutions suggests funds may enhance its technology and market expansion.