LeapRate Exclusive... LeapRate has learned via regulatory filings that the long-planned merger of publicly traded Nukkleus Inc (OTCMKTS:NUKK) and related Retail FX broker FXDD with rival broker IronFX has been called off. The original deal, set in June of last year, called for a multi-stage and somewhat complicated set of transactions which would see IronFX as…
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LeapRate Exclusive... LeapRate has learned that Nukkleus Inc (OTCMKTS:NUKK), the parent company of Retail FX broker FXDD, will be appointing Donald P. Fewer as an independent director on its Board, in place of the departing Jack Lahav. Nukkleus is controlled by former Compagnie Financiere Tradition executive Emil Assentato. Mr. Assentato has an effective 80% interest in both FXDD…
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Swiss listed interdealer broker Compagnie Financiere Tradition SA (SWX:CFT) has announced that Emil Assentato (pictured above at right involved in one of his passions, car racing) has retired from his role as a member of the Executive Board effective immediately. LeapRate readers will recognize Mr. Assentato as the architect behind the planned multi-stage merger of Nukkleus Inc (OTCMKTS:NUKK), a…
Read moreOur coverage of the planned merger between publicly traded shell company Nukkleus Inc (OTCMKTS:NUKK) and regulated retail forex brokers IronFX and FXDD (as well as FX platform provider Forexware) has been met with a little bit of puzzlement and misunderstanding by our audience. Which is understandable. Mergers, reverse takeovers of public companies, technology licensing, and multi-stage…
Read moreLeapRate Exclusive... LeapRate has learned from regulatory filings that three IronFX affiliated executives, as well as two independent directors, have joined the Board of Directors of publicly traded Nukkleus Inc (OTCMKTS:NUKK), the public company controlled by former Tradition North America Chairman Emil Assentato. As was reported exclusively by LeapRate back in June, Nukkleus is in process of…
Read moreIt seems that our coverage of the planned IronFX-FXDD-Nukkleus merger and reverse takeover has caused quite a stir in the Forex industry. After LeapRate first broke the news (at about 9:45am CET Monday), a number of other blogs seemed to pop up with me-too 'Exclusive' stories of their own on the subject, such as opinions…
Read moreLeapRate Exclusive... Further to our exclusive coverage of the planned merger between leading retail forex MT4 brokers IronFX and FXDD, LeapRate has learned some more details regarding the plans, as well as the regulatory filing we alluded to in our earlier article. And, the identity of the public company which will be part of the…
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