PHOENIX, May 2, 2024
/PRNewswire/ -- Moatable, Inc. (OTC Pink: MTBLY) ("Moatable" or the
"Company"), which operates two US-based SaaS businesses, Lofty
Inc.© and Trucker Path Inc.©, today announced that the Company's
Board of Directors (the "Board") has approved the appointment of
Mr. Grant Moon as a member of the
Board, effective April 30, 2024.
A veteran with two decades of experience in the real estate and
financial technology industries, Mr. Moon is CEO of BlueForceX, a
strategy consulting firm serving banks, venture capital firms, and
early-stage technology companies. He is also a venture partner with
Denver Angels, an early-stage venture capital firm in Colorado. Previously, he founded and served as
Chief Executive Officer of Home Captain Inc., a financial
technology company that served over 40 large banks and financial
institutions. Prior to Home Captain, Mr. Moon worked for American
Express in the Global Client Group managing a portfolio of some of
their largest clients representing over $10
billion in annual charge volume. Before American Express,
Grant worked for Hersha, a public REIT, in multiple roles,
eventually heading all eCommerce, distribution, and marketing
functions for the Company. He is a former Major in the US Army, a
veteran of the Global War on Terrorism, and a Bronze Star
Recipient. He is passionate about giving back and serving the
veteran community. To better educate veteran home buyers on their
VA Home Loan benefits, Mr. Moon penned and published The Ultimate
Guide to VA Loans. He also created a continuing education qualified
course called "VA Loan Certified", which provides real estate
agents the training needed to work with veteran homebuyers
effectively. Mr. Moon holds a BS in Business Administration from
Endicott College, an MBA from
Babson College, and an MS in Technology
Management from Columbia
University.
"On behalf of the Board of Directors, I welcome Grant to our
Board. I believe he will bring valuable input to the company with
his wealth of expertise and experience in the real estate and
fintech industry," said Moatable's Chairman and Chief Executive
Officer, Mr. Joseph Chen.
About Moatable Inc.
Moatable, Inc. (OTC Pink: MTBLY) operates two US-based SaaS
businesses including Lofty and Trucker Path. Moatable's American
depositary shares, each of which currently represents forty-five
Class A ordinary shares, trade on OTC Pink open market under the
symbol "MTBLY".
Forward-Looking Statements
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Statements that are
not historical facts, including statements about Moatable's beliefs
and expectations, including statements on making investments and
operating businesses that generate long-term returns for investors,
and expectations for future growth and innovation are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Moatable's goals and strategies; Moatable's future
business development, financial condition and results of
operations; Moatable's expectations regarding demand for and market
acceptance of its services; Moatable's plans to enhance user
experience, infrastructure and service offerings. Further
information regarding these and other risks is included in our
annual report on Form 10-K for the year ended December 31, 2023 and other documents filed with
the SEC. All information provided in this press release is as of
the date of this press release, and Moatable does not undertake any
obligation to update any forward-looking statement, except as
required under applicable law.
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SOURCE Moatable, Inc.