Prime Acquisition Corp. (OTCPK:PACQ.F) is looking for acquisitions. Interim Chief Executive Officer and Director of Prime, William Yu stated, “Over the past several months, our management team has worked diligently to reorganize the company with minimal dilution to current shareholders while positioning the business for long-term growth.

We have been successful in negotiating favorable financing terms with banks and leasing companies, which we believe establishes a firm foundation from which to expand our footprint and cash flows. We are focused on making accretive acquisitions that provide both immediate income and have attractive upside. As we continue to transition Prime, our goal in 2016 is to increase our penetration in high-quality commercial properties with a focus on serving the e-commerce industry.”