Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / regulatory-compliance-diligence-memo.docx
regulatory-compliance-diligence-memo.docx
Parties
Skybridge Fintech Ltd
Harkness LLP
Halcyon Capital Management LLC
Severin Beck CPAs LLP
Pinnacle Audit Group LLP
Federal Deposit Insurance Corp
This SA
The Company's SA
Dates
December 22, 2023
January 14, 2024
April 12, 2021
November 3, 2022
November 13, 2023
December 6, 2023
August 15, 2023
June 30, 2023
December 31, 2022
September 30, 2023
Amounts
$60,000,000
$4.2
$2.8
$78
$80,000,000
$10
$500
$0.05
$0.20
$28
Obligations
Surety Bond and Net Worth Requirements The Company is required to maintain surety bonds in each state in which it holds a money transmitter license
The IDFPR has notified the Company that the bond amount must be increased to $3,000,000 based on 2023 GPV, effective upon the Company's next renewal in January 2024
The Connecticut Department of Banking has indicated that the bond amount must be increased to $1,500,000 based on 2023 activity