AIkido Inc. Announces the Formation of a New Financial Services Subsidiary

Provided By PR Newswire

Last update: Jun 24, 2022

Long-Range Strategy Seeks Diversification into Three Key Industries

NEW YORK, June 24, 2022 /PRNewswire/ -- AIkido Pharma Inc. (Nasdaq: AIKI) ("AIkido" or the "Company") announced the formation of a wholly owned subsidiary with the purpose of making strategic investments and acquisitions across the fintech and financial services industries. The new subsidiary is expected to be the centerpiece of a long-range plan to diversify AIkido's business beyond biotechnology, in order to reduce volatility and mitigate risk while increasing revenue and enhancing shareholder value.