– USA, NY – FRMO Corp. (OTC: FRMO) announced the appointment of Rimmy Malhotra to its Board of Directors, expanding the Board to nine members of which five are independent.
“We are very pleased to welcome Rimmy Malhotra to the Board,” stated Murray Stahl, FRMO Corp.’s Chairman and Chief Executive Officer. “As we continue to focus our attention on expanding and integrating a number of our strategic investments that are now approaching critical mass, FRMO Corp. will benefit tremendously from Rimmy’s unique perspectives and extensive experience.”
About R. Rimmy Malhotra
Rimmy Malhotra serves as the Managing Member and Portfolio Manager for the Nicoya Fund LP, a private investment partnership. Previously, he served as portfolio manager of the Gratio Values Fund, a mutual fund registered under the Investment Act of 1940. He currently serves on the boards of HireQuest Inc (Nasdaq: HQI) and Optex System (Nasdaq: OPXS).
Rimmy Malhotra said, “FRMO is at an exciting juncture. I am thrilled to be joining the board and contributing to the Company’s future success.”
Rimmy Malhotra earned an MBA in Finance from The Wharton School and a master’s degree in International Relations from the School of Arts & Sciences both at the University of Pennsylvania where he is a Lauder Fellow. Mr. Malhotra holds undergraduate degrees in Computer Science and Economics from Johns Hopkins University.
About FRMO Corp.
FRMO Corp. invests in and receives revenues based upon consulting and advisory fee interests in the asset management sector.
For more: https://www.frmocorp.com/
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