Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Triterras, Inc. f/k/a Netfin Acquisition Corp. (TRIT) (TRITW)
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Triterras, Inc. f/k/a Netfin Acquisition Corp. (TRIT) (TRITW)
Rhodium Resources Pte. Ltd. (“Rhodium”) is a commodity trading business controlled by Srinivas Koneru, the Company’s Chief Executive Officer (“CEO”). Rhodium enabled the launch of the Kratos platform, and substantially all of the Company’s users were referred to it by Rhodium.Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcomingFebruary 19, 2021deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Triterras, Inc. (“Triterras” or the “Company”) f/k/a Netfin Acquisition Corp. (“Netfin”) (NASDAQ: TRIT , TRITW ) securities betweenAugust 20, 2020 and December 16, 2020, inclusive (the “Class Period”).
Glancy Pronay&Murray LLP(簡稱GPM)提醒投資者注意即將到來的2021年2月19日在代表購買或以其他方式收購的投資者提起的集體訴訟中提交主要原告動議的最後期限Triterras，Inc.。(“Triterras”或“Company”)f/k/aNetfin收購公司。(“Netfin”)(納斯達克：TRIT，TRITW)之間的證券2020年8月20日和2020年12月16日，(含)(“上課時間”)。
If you suffered a loss on your Triterras investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/triterras-inc/ . You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
如果您在Triterras的投資中遭受損失，或者想詢問根據聯邦證券法可能提出索賠以追回您的損失，您可以在https://www.glancylaw.com/cases/triterras-inc/提交您的聯繫信息。您也可以聯繫GPM的查爾斯·H·萊因漢(310-201-9150)，免費電話888-773-9224，或通過電子郵件Holders@glancylaw.com瞭解更多有關您的權利的信息。
Triterras is a fintech company focused on trade and trade finance. It operates Kratos, a commodity trading and trade finance platform that connects commodity traders to trade and source capital from lenders directly online. Triterras formed via merger of Netfin and Triterras Fintech Pte. Ltd., which closed on November 11, 2020.
Triterras是一家專注於貿易和貿易融資的金融科技公司。它運營着Kratos，這是一個大宗商品交易和貿易融資平臺，將大宗商品交易者與貿易和來源資本直接從網上貸款人那裏。Triterras由Netfin和Triterras金融科技私人有限公司合併而成。Ltd.，於2020年11月11日關閉。
Rhodium Resources Pte. Ltd. (“Rhodium”) is a commodity trading business controlled by Srinivas Koneru, the Company’s Chief Executive Officer (“CEO”). Rhodium enabled the launch of the Kratos platform, and substantially all of the Company’s users were referred to it by Rhodium.
銠資源私人有限公司(Rhodium Resources Pte.)Rhodium是一家由公司首席執行官Srinivas Koneru(“CEO”)控制的商品交易業務。Rhodium促成了Kratos平臺的推出，公司的幾乎所有用户都被Rhodium推薦到該平臺。
On December 17, 2020, Triterras stated that Rhodium was seeking a moratorium to shield itself from creditor actions while it planned a restructuring of its debts and continue its business as a going concern.
2020年12月17日，Triterras表示，Rhodium正在尋求暫停，以保護自己免受債權人行動的影響，同時計劃重組債務，並繼續作為一家持續經營的企業開展業務。
On this news, the Company’s share price fell $4.11, or 31%, to close at $9.09 per share on December 17, 2020, on unusually heavy trading volume. The Company’s warrant price fell $1.09, or 35%, to close at $2.01 per warrant on December 17, 2020, on unusually heavy trading volume.
受此消息影響，該公司股價在2020年12月17日下跌4.11美元或31%，收於每股9.09美元，成交量異常巨大。該公司權證價格在2020年12月17日下跌1.09美元或35%，收報每份權證2.01美元，成交量異常旺盛。
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) the extent to which Company’s revenue growth relied on Triterras’ relationship with Rhodium to refer users to the Kratos platform; (2) that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern; (3) that, as a result, Rhodium was likely to refer fewer users to the Company’s Kratos platform; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
在這起集體訴訟中提起的申訴稱，在整個集體期間，被告作出了重大虛假和/或誤導性陳述，並未能披露有關公司業務、運營和前景的重大不利事實。具體地説，被告沒有向投資者披露：(1)公司的收入增長在多大程度上依賴Triterras與Rhodium的關係將用户推薦到Kratos平臺；(2)Rhodium面臨重大財務責任，危及其作為持續經營企業的持續經營能力；(3)因此，Rhodium可能會將更少的用户推薦到公司的Kratos平臺；以及(4)由於上述情況，被告對公司業務的積極評價。
If you purchased or otherwise acquired Triterras securities during the Class Period, you may move the Court no later thanFebruary 19, 2021to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com , or visit our website at www.glancylaw.com . If you inquire by email please include your mailing address, telephone number and number of shares purchased.
如果您在上課期間購買或以其他方式獲得Triterras證券，您可以在不晚於2021年2月19日請求被指定為這起可能的集體訴訟的主要原告。要成為集體訴訟的成員，你現在不需要採取任何行動；你可以保留你選擇的律師，也可以不採取行動，繼續作為集體訴訟的缺席成員。如果您想了解更多關於這起集體訴訟的信息，或者如果您對這一聲明或您與這起未決的集體訴訟有關的權利或利益有任何疑問，請聯繫GPM公司的查爾斯·萊因漢，Esquire先生，地址：1925世紀公園東，2100Suite2100，洛杉磯，加利福尼亞州90067，電話：3102019150，免費電話：88887739224，電子郵件：holders@glancylaw.com，或訪問我們的網站www.glancylaw.com。如果您通過電子郵件查詢，請註明您的郵寄地址、電話號碼和購買的股票數量。
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
根據適用的法律和道德規則，本新聞稿在某些司法管轄區可能被視為律師廣告。
