FingerMotion Inc. (NASDAQ: FNGR) has announced the appointment of Chris Polimeni as its new Chief Financial Officer, effective August 17, 2026. Polimeni succeeds Lee Yew Hon, whose resignation has been accepted by the company's board of directors. This leadership change comes on the same day the company revealed it had completed the acquisition of a 9.9% interest in Lyken AI Computing Inc., marking FingerMotion's entry into the enterprise AI compute market.
Polimeni brings over 35 years of financial experience across both public and private companies, with expertise in mergers and acquisitions, debt and equity capital raising, SEC reporting, financial planning, treasury management, and taxation. Most recently, he served as CFO of Avax One Technology Ltd. and has been president and CEO of Polimeni & Associates Inc. since 2020. FingerMotion stated that his focus will include supporting the company's growth plans through balance sheet management, financial reporting, and capital structure optimization.
The timing of this appointment is significant, as it aligns with FingerMotion's strategic pivot toward artificial intelligence infrastructure. The investment in Lyken AI Computing Inc. positions the company to capitalize on the growing demand for enterprise-level AI compute solutions. By bringing in a seasoned financial executive like Polimeni, FingerMotion aims to strengthen its financial framework to support this expansion and future growth initiatives.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
The appointment of Polimeni is a clear signal that FingerMotion is preparing to scale its operations and manage the financial complexities that come with entering new markets. His experience in capital raising and financial planning will be crucial as the company seeks to fund its AI initiatives and potentially pursue further acquisitions. Investors and market watchers will be keen to see how this leadership change and strategic investment will impact FingerMotion's financial performance and growth trajectory in the coming months.
For more information about FingerMotion, visit the company's newsroom at https://ibn.fm/FNGR.
To view the full press release, visit https://ibn.fm/IEiUM.
