Longfin Corp. Announces Engagement of CohnReznick LLP as Principal Accountant

New York, New York, UNITED STATES

New York, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Longfin Corp. (“Longfin” or the “Company”) (NASDAQ: LFIN), a global FinTech company, has announced that, on Feb 7, the company engaged CohnReznick LLP (“CohnReznick”) as its principal accountant, and on the same date dismissed AJSH & Co. LLP (“AJSH”). The engagement was approved by the Audit Committee of the Company’s Board of Directors.

As of the date hereof, the audit of the Company’s financial statements for the fiscal year ended December 31, 2017, has not yet been completed; however, the Company expects such audit to be completed as part of CohnReznick’s engagement.

About Longfin Corp.

Longfin Corp (Nasdaq: LFIN) is a US-based, global Fintech company powered by artificial intelligence (AI) and machine learning. The Company, through its wholly-owned subsidiary, Longfin Tradex Pte. Ltd, delivers FX and alternative finance solutions to importers/exporters and SME’s. Ziddu.com owned by the company is the only marketplace for smart contracts powered by Consensus Settlement Algorithm on Ethereum blockchain. Ziddu Ethereum ERC20 blockchain Token uses a technology stack in which Smart Contracts run in distributed virtual machines, which in turn run on a Consensus Settlement Algorithm (CSA) providing solutions to warehouse / international trade financing, micro-lending, FX OTC derivatives, bullion finance, and structured products. Currently, the company has operations in Singapore, Dubai, New York and India.

IR Contact:

Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: lfin@dgipl.com