China Rapid Finance Announces Completion of Asset Injection with YBT/SOS and Private Placement with Cash Investors — Paves the Way to Growth and Profitability
- Monday, May 18, 2020, 7:15
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SHANGHAI, May 18, 2020 /PRNewswire/ — China Rapid Finance Limited (NYSE: XRF) (the “Company”) today announced the closing of the asset injection and private placement transactions on May 15, 2020. Upon closing of the transactions, Yong Bao Two Ltd. (“YBT”), a holding company that…