HONG KONG, Jan. 19, 2022 /PRNewswire/ -- Lion Group Holding
Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an
all-in-one trading platform that offers a wide spectrum of products
and services and developer of new growth products that include SPAC
sponsorship, NFT, and metaverse-related initiatives, today
announced the successful sales of its blind boxes.
MetaWords, Lion's meta-language NFT, attracted much attention
since its launch last week. In addition to the unique mechanics
that allows for universal participation in the creation of new
works, MetaWords has introduced the blind box. On January 17, 2022, Lion offered its MetaWords
blind boxes to the market. Since the launch, all 2,742 blind boxes,
containing MetaWords characters as well as fragments of
Xu Bing's Book from the
Ground, have sold out.
Since the project's launch on January 14,
2022, the Lion NFT platform introduced one new MetaWords
character for auction each day with a floor price of 30BNB. The
highly-anticipated blind box launched shortly after on Jan 17, 2022. The first batch of 2,742 blind
boxes contain 41 MetaWords characters and one high-level fragment,
while the remaining blind boxes contain ordinary fragments of
Book from the Ground. Ordinary fragments can be traded as
well as collected to exchange for bonuses. High-level fragments can
be collected and assembled into Book from the Ground,
allowing users to become MetaWords partners.
On January 18, 2022, MetaWords
announced the launch of its "Creation Tools" feature that allows
users to easily create new characters. Adhering to the essence of
the NFT community's bottom-up method, this new launch confirms that
MetaWords, as a meta-language infrastructure, differs from other
digital collections. Users can now log onto lionnft.io and start
making their own metaverse creations.
About Lion
Lion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in one,
state-of-the-art trading platform that offer a wide spectrum of
products and services, including (i) total return service (TRS)
trading, (ii) contract-for-difference (CFD) trading, (iii)
insurance brokerage, and (iv) futures and securities brokerage. In
addition, Lion owns a professional and experienced SPAC sponsorship
team to become a leader in the SPAC arena, helping guide private
companies through their listing journey while creating value for
Lion itself. Lion is also fully committed to building the world's
top one-stop, cross-chain, high-expansion non-fungible token (NFT)
marketplace and entering metaverse space through blockchain
technology. Additional information may be found at
http://ir.liongrouphl.com.
Forward-Looking Statements
This press release contains, "forward-looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Lion's actual results may
differ from their expectations, estimates and projections and
consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as "expect,"
"estimate," "project," "budget," "forecast," "anticipate,"
"intend," "plan," "may," "will," "could," "should," "believes,"
"predicts," "potential," "might" and "continues," and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, Lion's expectations with respect to future performance
and anticipated financial impacts of the Business combination, the
satisfaction of the closing conditions to the business combination
and the timing of the completion of the business combination. These
forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially
from expected results. Most of these factors are outside the
control of Lion and are difficult to predict. Factors that may
cause such differences include, but are not limited to: (1) the
inability to maintain the listing of the post-acquisition company's
ADSs on NASDAQ following the business combination; (2) the risk
that the business combination disrupts current plans and operations
as a result of the announcement and consummation of the
transactions described herein; (3) the inability to recognize the
anticipated benefits of the business combination, which may be
affected by, among other things, competition, the ability of the
combined company to grow and manage growth profitably and retain
its key employees; (4) costs related to the business combination;
(5) changes in applicable laws or regulations; (6) the possibility
that Lion may be adversely affected by other economic, business,
and/or competitive factors; and (7) other risks and uncertainties
to be identified in the proxy statement/prospectus relating to the
business combination, including those under "Risk Factors" therein,
and in other filings with the Securities and Exchange Commission
("SEC") made by Lion. Lion cautions that the foregoing list of
factors is not exclusive. Lion cautions readers not to place undue
reliance upon any forward-looking statements, which speak only as
of the date made. Lion does not undertake or accept any obligation
or undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based, subject to applicable
law.
Contacts
Lion Group Holding
Tel: +852 2820 9011
Email: ir@liongrouphl.com
ICR, LLC
William Zima
Tel: +1 203 682 8233
Email: ir@liongrouphl.com
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SOURCE Lion Group Holding Ltd.