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The U. International Development Finance Corporation was slated to grant Kodak the funds but said “Recent allegations of wrongdoing raise serious concerns,” adding that it will not proceed until allegations are cleared. Alarms were raised after senior Democratic lawmakers asked federal regulators to investigate securities transactions made by the company and its executives around the time it learned it could receive the government loan.

The day before the deal was announced there was heavy trading volume of Kodak shares Securities and Exchange Commission is investigating, according to a report in the Wall Street Journal. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the District of New Jersey.

To get Chinese electric vehicle dealer owner Jiuzi plans to raise money via an IPO to help grow its physical presence and create an online sales platform. A price point was not listed in the company’s SEC filing. Jiuzi’s Franchise Model: Jiuzi sells electric vehicles at 18 franchised locations and one company-owned location. The locations are located in what the filing referred to as third-fourth tier cities.

The franchise model was listed in several areas of the filing, including competitive advantages and growth strategy. The company said its large number of franchisees is an advantage. The stores also feature larger sales space, with an average of 5, to 12, square feet.