Credible pleased for the removal of US trading restrictions on CDIs

Company News

by Rachael Jones

From today Credible Labs Inc. (ASX:CRD) says its chess depositary interests will no longer be subject to sale or transfer restrictions into the US.

The “FOR US” designation will be removed with effect today from 4 January 2019.

Credible is a US company based in San Francisco which operates a consumer finance marketplace that helps consumers save money and make better financial decisions.

Shares in Credible Labs Inc. (ASX:CRD) last traded at $0.76.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.