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Propel Holdings Inc T.PRL

Alternate Symbol(s):  PRLPF

Propel Holdings Inc. is a Canada-based financial technology (fintech) company. The Company’s operating brands include Fora Credit, CreditFresh and MoneyKey, and its lending-as-a-service product line facilitates access to credit for consumers underserved by traditional financial institutions. Through its innovative artificial intelligence (AI)-driven platform, the Company evaluates customers in a more comprehensive way than traditional credit scores can. The Company enables access to credit through two types of credit products on its platform, such as Installment Loans and Lines of Credit. It is engaged in providing lending related services to borrowers, banks, and other institutions in the United States (US) and Canada. The Company, through its MoneyKey brand, offers either installment loans or lines of credit to customers in several US states. The Company, through its CreditFresh brand, operates as a bank servicer which provides marketing, technology, and loan services.


TSX:PRL - Post by User

Comment by Defiance2050on Jan 05, 2022 9:21am
139 Views
Post# 34284551

RE:RE:RE:RE:RE:Another View

RE:RE:RE:RE:RE:Another View
ssnowdday wrote: What does that lock up mean?  What the SP should do after that?  Thanks for your time.


lock-up refers to trade restrictions. Once it expires the parties referred to are allowed to sell shares. 

No clue whether those parties want to sell shares and if so how much. Depending on if more funds or individual traders support the price. Next quarterly report would be released before then. 
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