MGO Global Announces Voting Results of Special Meeting of Stockholders
MGO Global (Nasdaq: MGOL) held a special meeting of stockholders on January 24, 2025, at their Fort Lauderdale, Florida corporate office. Stockholders approved the exercisability of common stock purchase warrants and the potential issuance of up to 94,725,000 shares of common stock underlying these warrants. The warrants were initially issued during a securities offering that closed on December 24, 2024. The approval was obtained in accordance with Nasdaq Listing Rule 5635(d). The company will file detailed voting results in a Current Report on Form 8-K with the SEC within four business days.
MGO Global (Nasdaq: MGOL) ha tenuto un'assemblea speciale degli azionisti il 24 gennaio 2025, presso il loro ufficio corporate di Fort Lauderdale, Florida. Gli azionisti hanno approvato l'esercitabilità dei warrant per l'acquisto di azioni ordinarie e l'emissione potenziale di fino a 94.725.000 azioni ordinarie sottostanti a questi warrant. I warrant erano stati inizialmente emessi durante un'offerta di titoli che si è chiusa il 24 dicembre 2024. L'approvazione è stata ottenuta in conformità con la Regola di Quotazione Nasdaq 5635(d). La società presenterà risultati dettagliati sulle votazioni in un Report Corrente sul Modulo 8-K alla SEC entro quattro giorni lavorativi.
MGO Global (Nasdaq: MGOL) celebró una reunión especial de accionistas el 24 de enero de 2025, en su oficina corporativa de Fort Lauderdale, Florida. Los accionistas aprobaron la ejercitabilidad de los warrants de compra de acciones ordinarias y la posible emisión de hasta 94,725,000 acciones ordinarias subyacentes a estos warrants. Los warrants se emitieron inicialmente durante una oferta de valores que finalizó el 24 de diciembre de 2024. La aprobación se obtuvo de acuerdo con la Regla de Cotización Nasdaq 5635(d). La empresa presentará los resultados de la votación detallados en un Informe Actual en el Formulario 8-K ante la SEC en un plazo de cuatro días hábiles.
MGO Global (Nasdaq: MGOL)은 2025년 1월 24일 플로리다주 포트로더데일에 있는 본사에서 주주 특별 회의를 개최했습니다. 주주들은 일반주식 매수 권리의 행사 가능성과 이 권리를 바탕으로 최대 94,725,000주의 일반주식 발행 가능성을 승인했습니다. 이 권리는 2024년 12월 24일에 마감된 증권 공매의 일환으로 처음 발행되었습니다. 이 승인은 Nasdaq 상장 규칙 5635(d)에 따라 얻어졌습니다. 회사는 4영업일 이내에 SEC에 Form 8-K를 통해 투표 결과를 자세히 보고할 예정입니다.
MGO Global (Nasdaq: MGOL) a tenu une assemblée générale extraordinaire des actionnaires le 24 janvier 2025, dans son bureau d'entreprise à Fort Lauderdale, en Floride. Les actionnaires ont approuvé l'exerçabilité des bons d'achat d'actions ordinaires et l'émission potentielle de jusqu'à 94 725 000 actions ordinaires sous-jacentes à ces bons. Les bons ont été initialement émis lors d'une offre de titres qui s'est clôturée le 24 décembre 2024. L'approbation a été obtenue conformément à la Règle de cotation Nasdaq 5635(d). L'entreprise déposera des résultats de vote détaillés dans un rapport actuel sur le formulaire 8-K auprès de la SEC dans un délai de quatre jours ouvrables.
MGO Global (Nasdaq: MGOL) hielt am 24. Januar 2025 eine außerordentliche Hauptversammlung der Aktionäre in ihrem Unternehmensbüro in Fort Lauderdale, Florida. Die Aktionäre genehmigten die Ausübarkeit von Warrants zum Kauf von Stammaktien sowie die mögliche Ausgabe von bis zu 94.725.000 Aktien von Stammaktien, die diesen Warrants zugrunde liegen. Die Warrants wurden ursprünglich im Rahmen eines Wertpapierangebots ausgegeben, das am 24. Dezember 2024 geschlossen wurde. Die Genehmigung wurde gemäß der Nasdaq-Börsennotierungsregel 5635(d) erteilt. Das Unternehmen wird innerhalb von vier Geschäftstagen detaillierte Abstimmungsergebnisse in einem aktuellen Bericht auf Formular 8-K bei der SEC einreichen.
- None.
- Potential significant dilution with up to 94,725,000 new shares to be issued from warrant exercise
MIAMI, FL AND LONDON, UK / ACCESS Newswire / January 24, 2025 / MGO Global Inc. (Nasdaq:MGOL), a digitally-native, lifestyle brand portfolio company, ("MGO," "MGO Global" or the "Company"), today announced the voting results of a special meeting of stockholders (the "Special Meeting"), held earlier today at MGO's corporate office in Fort Lauderdale, Florida.
At the Special Meeting, MGO's stockholders entitled to vote at the Special Meeting approved, in accordance with Nasdaq Listing Rule 5635(d), the exercisability of common stock purchase warrants, and the issuance of up to 94,725,000 shares of common stock that may be underlying such warrants, which warrants were issued in connection with the offering of securities of the Company that closed on December 24, 2024.
The final voting results for the proposal will be made available in a Current Report on Form 8-K to be filed by the Company with the U.S. Securities and Exchange Commission within four business days.
About MGO Global Inc.
MGO Global is actively engaged in building a portfolio of independent, digitally native, lifestyle brands, which are unique and differentiated, yet all defined by distinctive, high-quality products and a shared commitment to delivering high-touch customer experiences across its ecommerce and wholesale channels. MGO is currently comprised of two business units: Americana Liberty, which markets a growing, high-end line of thoughtfully curated home and outdoor products, including Stand Flagpoles; and MGO Digital, which leverages data analytics, advanced technology-enabled marketing and our leadership's industry relationships and expertise to identify, incubate and introduce to market new, authentic lifestyle brand concepts. For more information on MGO, please visit www.mgoglobalinc.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to complete the proposed business combination with Heidmar, Inc., grow its businesses, statements regarding the consummation of the offering, the satisfaction of closing conditions and the use of proceeds from the offering and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to achieve profitable operations, customer acceptance of new products, and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company's products and the Company's customers' economic condition, the impact of competitive products and pricing, general economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission, including but not limited to the Company's Annual Report on Form 10-K for 2023 fiscal year. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
CONTACT INFORMATION:
Dodi Handy, Director of Communications
Telephone: 407-960-4636
Email: ir@mgoteam.com
SOURCE: MGO Global
View the original press release on ACCESS Newswire
FAQ
How many potential new shares were approved for issuance by MGOL stockholders on January 24, 2025?
When will MGOL release the detailed voting results from the January 2025 special meeting?
What was the purpose of MGOL's special stockholder meeting on January 24, 2025?
When were the MGOL warrants initially issued?
