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MainStreetChamber Holdings, Inc. Submits 15(c)211 Application

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MainStreetChamber Holdings (OTC PINK:MSCH) has announced the submission of its 15(c)211 application, a important step toward enabling the quotation of its securities in the OTC market. The submission, governed by Rule 15c2-11 under the Securities Exchange Act of 1934, demonstrates the company's commitment to transparency and investor accessibility.

The company's President, Thomas Meharey, previously served as vice president of kathy ireland® Worldwide (kiWW®), which ranks as the top woman-owned global brand licensor with $3.4 billion in annual retail sales last year. MSCH anticipates the initiation of public quotations for its securities on the OTC platform following the completion of the regulatory review process.

MainStreetChamber Holdings (OTC PINK:MSCH) ha annunciato la presentazione della sua domanda 15(c)211, un passo importante verso l'attivazione della quotazione dei suoi titoli nel mercato OTC. La presentazione, regolata dalla Regola 15c2-11 ai sensi del Securities Exchange Act del 1934, dimostra l'impegno dell'azienda per la trasparenza e l'accessibilità per gli investitori.

Il presidente dell'azienda, Thomas Meharey, ha precedentemente ricoperto il ruolo di vicepresidente di kathy ireland® Worldwide (kiWW®), che è classificata come il principale licenziante globale di marchi di proprietà femminile, con 3,4 miliardi di dollari di vendite al dettaglio annuali lo scorso anno. MSCH prevede di avviare le quotazioni pubbliche per i suoi titoli sulla piattaforma OTC al termine del processo di revisione normativa.

MainStreetChamber Holdings (OTC PINK:MSCH) ha anunciado la presentación de su solicitud 15(c)211, un paso importante hacia la posibilidad de cotizar sus valores en el mercado OTC. La presentación, regulada por la Regla 15c2-11 bajo la Ley de Intercambio de Valores de 1934, demuestra el compromiso de la compañía con la transparencia y la accesibilidad para los inversores.

El presidente de la compañía, Thomas Meharey, anteriormente se desempeñó como vicepresidente de kathy ireland® Worldwide (kiWW®), que se clasifica como el principal licenciante global de marcas propiedad de mujeres, con 3.4 mil millones de dólares en ventas minoristas anuales el año pasado. MSCH anticipa iniciar las cotizaciones públicas de sus valores en la plataforma OTC tras la finalización del proceso de revisión regulatoria.

MainStreetChamber Holdings (OTC PINK:MSCH)15(c)211 신청서를 제출했다고 발표했습니다. 이는 OTC 시장에서 자사의 증권을 상장할 수 있는 중요한 단계입니다. 1934년 증권 거래법에 따른 규정인 Rule 15c2-11에 의해 규제되는 이 제출은 회사의 투명성과 투자자 접근성을 향한 의지를 보여줍니다.

회사의 회장인 Thomas Meharey는 3.4억 달러의 연매출을 기록하며 여성이 소유한 글로벌 브랜드 라이센서 중 1위를 차지한 kathy ireland® Worldwide (kiWW®)의 부회장을 역임한 바 있습니다. MSCH는 규제 검토 프로세스 완료 후 OTC 플랫폼에서 자사의 증권에 대한 공적인 상장을 시작할 것으로 예상하고 있습니다.

MainStreetChamber Holdings (OTC PINK:MSCH) a annoncé la soumission de sa demande 15(c)211, une étape importante pour permettre la cotation de ses valeurs mobilières sur le marché OTC. La soumission, régie par la règle 15c2-11 de la loi sur les échanges de valeurs mobilières de 1934, démontre l'engagement de l'entreprise envers la transparence et l'accessibilité pour les investisseurs.

Le président de l'entreprise, Thomas Meharey, a précédemment été vice-président de kathy ireland® Worldwide (kiWW®), qui est classée comme le principal licencié mondial de marques détenues par des femmes, avec 3,4 milliards de dollars de ventes au détail l'année dernière. MSCH prévoit d'initier les cotations publiques pour ses valeurs mobilières sur la plateforme OTC après l'achèvement du processus d'examen réglementaire.

MainStreetChamber Holdings (OTC PINK:MSCH) hat die Einreichung seines 15(c)211 Antrags angekündigt, ein wichtiger Schritt, um die Quotierung seiner Wertpapiere im OTC-Markt zu ermöglichen. Die Einreichung, die gemäß der Regel 15c2-11 des Securities Exchange Act von 1934 erfolgt, zeigt das Engagement des Unternehmens für Transparenz und die Zugänglichkeit für Investoren.

Der Präsident des Unternehmens, Thomas Meharey, war zuvor Vizepräsident von kathy ireland® Worldwide (kiWW®), das als die größte von Frauen geführte globale Markenlizenzgeberin gilt und im letzten Jahr einen Umsatz von 3,4 Milliarden Dollar im Einzelhandel verzeichnete. MSCH erwartet, nach Abschluss des regulatorischen Prüfungsprozesses mit den öffentlichen Quotierungen für seine Wertpapiere auf der OTC-Plattform zu beginnen.

Positive
  • Submission of 15(c)211 application progresses toward enhanced OTC market presence
  • President Thomas Meharey brings experience from kiWW®, a $3.4B annual retail sales company
Negative
  • None.

LAS VEGAS, NEVADA / ACCESSWIRE / December 23, 2024 / MainStreetChamber Holdings, Inc. (OTC PINK:MSCH), a leading global provider of IP and brand licensing, is pleased to announce the submission of its 15(c)211 application, representing an important step in enhancing its presence in the OTC market.

This filing underscores MainStreetChamber Holdings' ongoing commitment to transparency and investor accessibility. The submission, governed by Rule 15c2-11 under the Securities Exchange Act of 1934, is a key milestone toward enabling the quotation of the Company's securities in the OTC market.

"The submission of our 15(c)211 application underscores our dedication to providing the public and prospective investors with reliable and comprehensive information about our operations, management, and financial performance," said Larry Kozin, Founder and CEO of MainStreetChamber Holdings, Inc. "This step reflects our commitment to transparency and our focus on creating broader opportunities for our shareholders and stakeholders."

Rule 15c2-11 provides a regulatory framework established by the U.S. Securities and Exchange Commission (SEC) that governs the process for enabling the public quotation of securities in the OTC market. The submission reflects MainStreetChamber Holdings' dedication to meeting all compliance requirements.

"This submission is an important step in building upon our foundation and positioning MainStreetChamber Holdings for continued growth in the OTC market," said Thomas Meharey, President of MainStreetChamber Holdings, Inc. "It reflects our commitment to delivering value for our investors while enhancing our market presence and reinforcing our dedication to innovation and entrepreneurship."

The recently appointed Meharey previously served more than 10 years as vice president of kathy ireland® Worldwide (kiWW®), which ranks as the world's top woman-owned global brand licensor and 16th overall, and represented $3.4 billion in annual retail sales last year, according to License Global magazine.

The Company anticipates the initiation of public quotations for its securities on the OTC platform following the successful completion of the regulatory review process. This move will provide broader access for investors and support the Company's mission to drive shareholder value through strategic growth initiatives.

About MainStreetChamber Holdings, Inc.
MainStreetChamber Holdings is a leading global provider of IP and brand licensing. It oversees a diverse portfolio of ventures that reflect its commitment to entrepreneurship and innovation. The company develops and markets licensing solutions for any type of organization, from startups to established companies, with holdings that include Advanced Licensing™, kathy ireland® Laundry, kathy ireland® Furniture Factory, kathy ireland® kids, and MainStreet Chamber of Commerce.

For more information about MainStreetChamber Holdings, Inc., please visit www.msch.com

Company Contact:
Larry Kozin, CEO
MainStreetChamber Holdings, Inc.
Tel: +1 (877) 594-7277

Media Contact:
Rona Menashe
Guttman Associates PR & Marketing
Tel: +1 (310) 246-4600

Forward-Looking Statements:
The foregoing information regarding MainStreetChamber Holdings, Inc. (the "Company") may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation the Company's outlook for growth and market expansion, and which can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of uncertainties and risks that could significantly affect current plans. Risks concerning the Company's business may be described in more detail in the Company's periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: MainStreetChamber Holdings, Inc.



View the original press release on accesswire.com

FAQ

What is the significance of MSCH's 15(c)211 application submission?

The 15(c)211 application submission is a important regulatory step that will enable MSCH's securities to be quoted on the OTC market, enhancing investor accessibility and market presence.

When did MainStreetChamber Holdings (MSCH) submit its 15(c)211 application?

MSCH submitted its 15(c)211 application on December 23, 2024.

What is Thomas Meharey's background before joining MSCH?

Thomas Meharey served as vice president of kathy ireland® Worldwide (kiWW®) for over 10 years, a company that achieved $3.4 billion in annual retail sales.

How will the 15(c)211 application affect MSCH shareholders?

Upon successful regulatory review, the application will enable public quotations of MSCH securities on the OTC platform, providing broader access for investors and supporting shareholder value through strategic growth initiatives.

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