FingerMotion, Inc. ("FingerMotion" or the "Company") (NASDAQ:FNGR), a mobile data and services company, announces that its Board of Directors, after carefully reviewing the trading history of its common stock from September 1, 2022 to the present, believes that the Company may have been the target of a market manipulation scheme involving naked short selling of fictitious shares of its common stock that were neither authorized nor issued by the Company.