Admiral Financial Corp.

• Public
• US

Dow Jones Description

ADMIRAL FINANCIAL CORP. ("ADMIRAL"), an inactive corporation, is currently seeking to recapitalize the Company in order to resume its prior activities with respect to the acquisition and investment in interest-earning assets and specialty real estate, as well as other new lines of business, as yet unidentified. Admiral has been a plaintiff in an unsuccessful Winstar-type action against the United States government in the United States Court of Federal Claims since 1993. This discussion may contain statements regarding future financial performance and results. The realization of outcomes consistent with these forward-looking statements is subject to numerous risks and uncertainties to the Company including, but not limited to, the availability of equity capital and financing sources, the availability of attractive acquisition opportunities once such new equity capital and financing is secured (if at all), the successful integration and profitable management of acquired businesses, improvement of operating efficiencies, the availability of working capital and financing for future acquisitions, the Company's ability to grow internally through expansion of services and customer bases without significant increases in overhead, seasonality, cyclicality, and other risk factors.

Chairman of the Board

Contact Information

Peer Companies

• Citigroup Inc.
• Deutsche Bank AG
• Bank of America Corp.
• HSBC Holdings Plc.
• J.P. Morgan Chase & Co.
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