Siebert acquires 24% of Tigress, creates RISE Financial Services; DiBartolo joins board

SIEBERT FINANCIAL CORP

Siebert acquired 24% of Tigress Holdings; in exchange Tigress received 24% of RISE Financial and 1,449,525 Siebert shares valued at 60-day average price.
Cynthia DiBartolo appointed to Siebert Board; Gloria Gebbia appointed to Tigress Board; DiBartolo remains CEO of Tigress and becomes CEO of RISE.
WPS Prime Services rebranded to RISE Financial Services; division RISE Prime offers ESG-aligned prime brokerage with Pershing clearing.
Transaction closed Nov 16, 2021; RISE targets institutional demand for diverse prime broker services.
DiBartolo brings 35+ years finance experience; first disabled and woman-owned NYSE floor broker.

item 1.01 item 5.02 item 8.01 item 9.01

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Appointed

Cynthia DiBartolo

Director

SIEB · SIEBERT FINANCIAL CORP

Effective: 2021-11-16
Filed: November 17, 2021, 6:59 PM ET

The Company’s Board of Directors appointed Cynthia DiBartolo as a new member of the Company’s Board of Directors, effective November 16, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Cynthia DiBartolo was appointed as Director at SIEBERT FINANCIAL CORP.

Action: appointed
Role: Director

Exact text from the filing

The Company’s Board of Directors appointed Cynthia DiBartolo as a new member of the Company’s Board of Directors, effective November 16, 2021.

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SIEBERT FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0000891092-21-007390

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