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Snail (SNAL) Engages Shareintel to Investigate Abusive and Illegal Naked Short Selling Activity
Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced it has entered into a service agreement with Shareholder Intelligence Services, LLC (“ShareIntel”), a compliance-driven SAAS platform. ShareIntel’s patented DRIL-Down™ process enables public companies to track shareholder ownership and monitor critical broker-dealer and shareholder movement. Management intends to further utilize ShareIntel’s trusted advisory services to implement action plans to monitor and address any abusive activity, including the investigation of potential illegal naked short selling and other potential trading violations involving the Company’s stock.
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