BHBNewsLetter December 2019

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Issue 22 - DECEMBER 2019
BAHRAIN BOURSE UNVEILS LISTING OF FIRST GLOBAL FINTECH
COMPANY ON BIM - SPRINKLE HOLDING BSC (CLOSED)
Bahrain Bourse (BHB) announced
on Thursday, 12th December 2019
the listing of the first company on
Bahrain Investment Market (BIM)
“Sprinkle Holding BSC (closed)”
a specialized FinTech company,
under the trading symbol SPKL.
A ringing bell ceremony was held
to mark the commencement of
trading on SPKL shares in the
presence of H.E. Zayed bin
Rashid Alzayani, Minister of
Industry, Commerce, & Tourism
and Minister in Charge of
Bahrain Bourse, H.E. Aymen bin
Tawfeeq Almoayyed, Minister
of Youth and Sports Affairs,
along with Alexander Wallin and
Tomas Wallin, CEO and Chairman
of Sprinkle Holding, and senior
officials of Bahrain Bourse and
members of Almoayed Cham-
bers, the Authorized Sponsor,
along with various stakeholders.
Sprinkle Holding will be traded
under the trading symbol (SPKL)
on the BIM. Sprinkle Holding
is a Bahrain-based entity with a
g l o b a l e s t a b l i s hme n t o f
affiliates ranging fromUnited States,
Europe, and China. Going
forward, these affiliates will become
subsidiaries of Sprinkle Holding.
Sprinkle Holding is a global
financial technology company
wh i c h s imp l i fi e s c ap i t a l
markets all over the world.
Sprinkle Holding financial
ecosystem consists of three core
services: SprinkleBit, a global
social network that lower the
barriers of entry for retail
i n v e s t o r s w i t h a f r e e
s t o c k s i m u l a t o r t h a t
onboards, educates, and keeps
users informed about the market.
It is one of the few social trading
networks which are compliant
with US standards and is approved
t o o p e r a t e i n C h i n a .
SprinkleBrokerage, a US based
brokerage firm reg istered
with SEC and member of FINRA,
provides a state of the art online
trading platform. SprinkleXchange,
one of the first blockchain based
stock exchanges in the world.
It has a unique mix of public,
private, and cryptocurrency
markets, which all are settled using
blockchain technology allowing it
to trade 24/7 with fractional shares
and distributed custody of assets.
It is worth noting that Bahrain
Investment Market, an equity
market designed for fast-growing
companies seeking growth
capital, was operationally launched
in March 2017 with 6 Authorized
Sponsors operating in the
market. Authorized sponsors
provide support and guidance
services to companies interested
in listing on the BIM to
e n s u r e t h at l i s t i ng and
disclosure requirements are met.