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Siebert to Acquire Stake in Leading Diversity Broker, Tigress Financial Partners

– Siebert to Purchase 24% of Tigress Financial Partners – Tigress Financial Partners to Receive 24% of Siebert’s Subsidiary WPS Prime Services and Shares of Siebert Common Stock – Incredible Partnership to Build Upon Siebert’s Legacy ...
– Incredible Partnership to Build Upon Siebert’s Legacy While Supporting Strategic Partners in Building Diversity Initiatives
– Tigress Financial Partners’ Cynthia DiBartolo to Join Siebert’s Management Team at Close of Transaction
Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”) , a provider of financial services, today announced that it has signed a non-binding letter of intent with Tigress Holdings, LLC whereby Siebert will purchase 24% of the outstanding membership interests in Tigress Financial Partners (“Tigress”). Tigress is the nation's only disabled and woman-owned financial services firm providing institutional and high net worth investors with expertise in investment banking, capital markets, research, corporate advisory and global trade execution services, asset management and global wealth management.
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