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ZK Int'l. Shares Spike Higher Following Press Release Co. Has Engaged US Sterling Securities As Placement Agent For Non-Financing, Financing Deals

ZK International Group Co., Ltd. (ZKIN) ("ZK International" or the "Company"), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon

Benzinga · 05/11/2020 18:31

ZK International Group Co., Ltd. (ZKIN) ("ZK International" or the "Company"), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, today announced that it has retained U.S. Sterling Securities, Inc. ("USSI"), a FINRA and SEC regulated firm, to help the Company with: (i) non-financing transactions, including without limitation, licensing agreement(s), Joint venture(s), merger(s) and acquisition(s), and (ii) financing transactions, including equity, debt, or any combination of both.   

Jiangcong Huang, Chairman and Chief Executive Officer of ZK International, commented, "we have been looking for an investment bank that has aligned their goals with that of the Company and we are excited to be working with US Sterling in assisting us with our goals of expanding our Company through acquisitions. The Company has been looking at a major acquisition and together with U.S. Sterling's experience, we hope that together we can secure the long term of the Company by expanding our revenues and profits through acquiring assets that will lead to shareholder value."

George T Goldman, Vice President of U.S. Sterling Securities, Inc. (USSI), also commented, "for over 25 years, USSI has been delivering integrated strategies and innovative product solutions for institutions. We are pleased to engage ZKIN to help the Company carry out their strategic plans through both non-financing and financing transactions. We look forward to working with the Chairman of the Company and his team in the coming months in achieving his goal of expanding the Company's growth through acquisition."