- IEG Holdings’ shareholders will be provided with the opportunity to obtain shares in Investment Evolution Coin Ltd., which is pursuing cryptocurrency projects
- Arrangement allows shareholders unique opportunity to remain involved in the crypto industry with lower regulatory risk, but investors must be an IEGH shareholder before the end of April to be eligible for one Investment Evolution Coin Ltd. share for every one IEGH share held
- Investment Evolution Coin Ltd. has entered a partnership with a reputable consultancy company for the purpose of launching its cryptocurrency, which will facilitate financial transfers from abroad to the Philippines
IEG Holdings Corp. (OTCQB: IEGH) announced that the company will refrain from directly pursuing cryptocurrency-related projects for the time being. However, shareholders on the measure date (April 30, 2018) will retain the upside in the cryptocurrency field through the launch of a new cryptocurrency by Investment Evolution Coin Ltd. (“IEC”), a company that’s managed by IEG Holdings CEO Paul Mathieson. According to a company press release (http://nnw.fm/yY7hz), IEG Holdings’ shareholders will be provided with an opportunity to receive IEC shares, allowing them to remain involved in the crypto industry with lower risks.
Based on Mathieson’s announcement, all IEGH shareholders will be provided with the opportunity to receive shares in IEC that are equivalent to the number and percentage of IEG Holdings common stock in possession of the respective shareholder. The offer will be valid for…
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