Wednesday, March 09, 2022 8:46:54 PM
Based on the business plan description on the recently-created PIHG LinkedIn account, it appears the company will provide financings/investments for other businesses. Since the business plan seems to be somewhat similar to what the previous owner had, and a PIHG-related website was recently registered and brought online, I would assume that new President Simon Littlewood probably plans on keeping the current name.
FINRA seems to be turning what should be just very simple name/symbol changes into a lengthy process/ordeal for companies. So keeping the name the same is just one less headache that new management would have to deal with.
https://www.linkedin.com/company/pihg/
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