ECN Capital Acquisition, Valuation & Financials

Ajaib is a Jakarta-headquartered financial super app launched in 2019 that enables retail investors in Indonesia to trade stocks, ETFs, and mutual funds via mobile. The platform offers commission-free trading, robo-advisory tools, and educational resources to democratize access for over 3 million users. Ajaib holds licenses from OJK, Indonesia's financial authority, and processes daily transactions exceeding IDR 100 billion.

Five-Star Business Finance lends secured loans against property to small business owners and self-employed borrowers, mainly in southern India. It is a non-bank lender funded by debt. Headquartered in Chennai.

IIFL Capital Services Ltd is a independent full-service retail and institutional broking house in India. It is a investment advisory firm providing diversified financial services and products to corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high net worth individuals and retail investors.

Corporativo GBM SAB de CV is a Mexico-based holding company which is focused on providing services and financial products to several businesses composed of large corporations and mid-cap companies, institutional investors, and Mexican and foreign individuals.

iTrustCapital is a Los Angeles-headquartered platform for self-directed IRAs holding cryptocurrencies and precious metals. Clients trade Bitcoin, Ethereum, gold, and silver 24/7 within tax-advantaged accounts custodied by Fortress Trust. The service charges a flat 1% transaction fee, contrasting with traditional IRA providers' spreads up to 15%. iTrustCapital secures assets in institutional vaults and cold storage, complying with FINRA and SIPC regulations. It serves over 250,000 accounts across 50 states with mobile app access.

Wildlife Partners is a San Antonio-headquartered company founded in 2015 that preserves wildlife through nontraditional ranching practices. It delivers investment services for exotic animal ranches, ranch consultation expertise, and revenue strategies from conservation efforts. The firm operates a transportation division supplying zoos across the United States with animals. As majority owner of Microtraks, Wildlife Partners advances animal disease traceability systems for the domestic livestock market.

Yubi provides a unified digital platform for investors to discover, trade, execute, and fulfill debt solutions in India. The fully integrated system streamlines the debt capital market processes. Check www.go-yubi.com.

Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are the Credit as a Service (CaaS) and the Auto Finance segment. It generates maximum revenue from the Credit as a Service segment.

Prudent Corporate Advisory Services distributes mutual funds, insurance and other financial products to retail investors in India. It earns trail commissions from fund houses and insurers, with a large share from mutual fund assets under advice. Headquartered in Ahmedabad.

Edelweiss Financial Services Ltd is mainly involved in providing investment banking services and holding company activities. The company's businesses are divided into Alternatives business, Capital business, Insurance business, Asset reconstruction business, Mutual fund business and Other business. Alternatives business includes advisory and other fee based business; Capital business, that derives maximum revenue, represents lending business and investment activities; Asset reconstruction business represents purchase and resolution of distress assets; Insurance business represents life insurance business and general insurance business. Mutual fund business represents income from asset management activities and Other business which includes custodian and CSR.

Willow Wealth is an online investment platform focused on private markets. Users access opportunities in real estate, private credit, private equity, and diversified funds through a digital interface. The service offers individual deals alongside automated portfolio management for retail investors seeking alternatives to public markets.

M1 Holdings delivers a personal finance platform combining automated investing, borrowing, and spending tools. Chicago-headquartered, it manages over 6 billion dollars in assets for hundreds of thousands of users through features like high-interest checking, low-cost margin loans, and cash-back Visa debit and credit cards. Recognized by Investopedia as best for sophisticated investors and low costs in 2022, plus Money's top robo-advisor in 2021, the app holds over 35,000 five-star reviews on App Store and Google Play.

Triumph Financial Inc is a financial holding company based in the United States. Along with its subsidiaries, the company operates in four reportable segments: Banking, Factoring, Payments, and Intelligence. The Banking segment, which generates maximum revenue, includes the operations of TBK Bank, offering traditional banking services. The Factoring segment provides working capital solutions to the trucking industry through the purchase of invoices generated by carriers at a discount. The Payments segment provides payment, audit, and other banking services for the over-the-road trucking industry, and the Intelligence segment operates to turn the over-the-road trucking data collected through the services offered into actionable insights for its customers.

Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. The company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. It acquires reverse mortgage loans both through its origination activities and through secondary market purchases.

Okasan Securities Group Inc is a Japan-based holding company that conducts businesses through a network of domestic and overseas subsidiaries. The company has three business segments. The securities business, which accounts for the majority of sales, is involved in trading, brokerage, underwriting, and distribution of securities, public offering, secondary distribution of securities, and private offering of securities. The asset-management business is involved in investment management and investment advisory. The support business is engaged in information processing services, administrative support services, custodianship, and temping services. The company generates the majority of revenue from Japan.

Droom is a Gurgaon-headquartered online automobile marketplace operating in 1,091 cities across India. The platform lists over 600,000 vehicles from 20,000 dealers, valued at more than $14 billion, and integrates tools like Orange Book Value for pricing 460 million queries, ECO inspections at 1,000 checkpoints, and vehicle history databases covering 250 million records. Droom facilitates certified pre-owned sales, loans, and insurance, holding an 80 percent share of India's online auto transactions.

Public is a New York-headquartered investing app enabling commission-free trades in stocks, ETFs, options, bonds, and cryptocurrencies for United States retail investors. It incorporates social feeds for stock discussions and Alpha AI for earnings analysis from SEC filings. Public supports Roth IRAs and automated recurring investments linked to Acorns-style roundups.

Weidai is a Hangzhou-headquartered online lending platform offering personal credit loans secured by vehicles and properties. Established in 2014, the company connects borrowers with investors through its peer-to-peer model, processing billions in loan volume annually before regulatory shifts in China's P2P sector. It expanded from auto-backed loans to include real estate collateral nationwide.