MMTEC, INC. ANNOUNCES A PAUSE ON FINANCING ACTIVITIES IN THE NEXT SIX MONTHS
Core Viewpoint - MMTEC, Inc. has decided to suspend the acceptance of new investments and pause capital raising activities for the next six months due to its current capital position and market conditions [1][2] Group 1: Company Actions - The company will not seek or accept new investments during the six-month suspension period [1] - This decision is aimed at optimizing strategic layout, rationalizing resource allocation, and adjusting operational strategy to enhance efficiency and ensure long-term development [2] Group 2: Company Background - MMTEC, Inc. is headquartered in Hong Kong and primarily focuses on investment banking and asset management, providing comprehensive financial services [2]