Ownership stake · Activity not yet classified
Velocity Trade
Transaction overview
Announced
Announced:
Exact closing date not established.
Wedbush Financial Services, the parent of Wedbush Securities, announced a significant investment in Velocity Trade that would make it the largest outside shareholder, subject to regulatory approval.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Wedbush Financial Services Acquires Significant Stake in Velocity Trade ↗
Wedbush · Published Oct 12, 2022
Announces a proposed significant investment by Wedbush Financial Services in Velocity Trade, subject to regulatory approval.