Stargaze Closes Private Offering
Stargaze Entertainment Group (OTC: STGZ) has successfully completed a private offering of 53,500,000 shares of common stock, raising a total of $535,000. The offering was initially priced in October 2024 when the company's shares were trading on the OTC Pink Market between $0.0035 and $0.0064 per share.
Stargaze Entertainment Group (OTC: STGZ) ha completato con successo un offerta privata di 53.500.000 azioni ordinarie, raccogliendo un totale di $535.000. L'offerta era inizialmente prezzata nell'ottobre 2024, quando le azioni della società venivano scambiate sul mercato OTC Pink tra $0,0035 e $0,0064 per azione.
Stargaze Entertainment Group (OTC: STGZ) ha completado con éxito una oferta privada de 53,500,000 acciones ordinarias, recaudando un total de $535,000. La oferta se fijó inicialmente en octubre de 2024, cuando las acciones de la compañía se negociaban en el mercado OTC Pink entre $0.0035 y $0.0064 por acción.
Stargaze Entertainment Group (OTC: STGZ)는 53,500,000주의 보통주를 성공적으로 사모로 발행하여 총 $535,000를 모금하였습니다. 이 발행은 2024년 10월에 처음 가격이 책정되었으며, 당시 회사의 주가는 OTC 핑크 마켓에서 주당 $0.0035에서 $0.0064 사이에서 거래되고 있었습니다.
Stargaze Entertainment Group (OTC: STGZ) a réussi à réaliser une offre privée de 53 500 000 actions ordinaires, levant un total de 535 000 $. L'offre a été initialement fixée en octobre 2024, lorsque les actions de la société se négociaient sur le marché OTC Pink entre 0,0035 $ et 0,0064 $ par action.
Stargaze Entertainment Group (OTC: STGZ) hat erfolgreich ein Privatangebot von 53.500.000 Stammaktien abgeschlossen und insgesamt 535.000 $ gesammelt. Das Angebot wurde ursprünglich im Oktober 2024 zu einem Preis festgelegt, als die Aktien des Unternehmens auf dem OTC Pink Market zwischen 0,0035 $ und 0,0064 $ pro Aktie gehandelt wurden.
- Secured $535,000 in new capital
- Significant shareholder dilution with 53.5M new shares issued
- Low share price ranging $0.0035-$0.0064 indicates weak market valuation
- Trading on OTC Pink Market suggests lower tier listing
LOS ANGELES, March 06, 2025 (GLOBE NEWSWIRE) -- Stargaze Entertainment Group Inc. (“Stargaze” or the “Company”) (OTC: STGZ), a content creation and social platform designed to redefine talent discovery, today announced the closing of a private offering of 53,500,000 shares of common stock which raised
About Stargaze
Stargaze is a next-generation content creation and social platform revolutionizing talent discovery. Originally launched in 2016 as Scenebot Stage, Stargaze bridges the gap between aspiring entertainers, industry professionals, and new audiences, offering a transparent and accessible path to break into entertainment. With nearly 1,000 career breakthroughs across film, television, stage, and music, the platform is a proven launchpad for emerging talent. As technology reshapes how entertainment is created and consumed, Stargaze is poised to lead the way with the anticipated full relaunch of its app in late spring/early summer 2025. The revamped platform will feature new tools designed to help creators turn their passions into real opportunities. Stargaze aims to redefine how talent is discovered and supported in today’s digital-first landscape. For more information, visit www.stargazestage.com.
Investor and Media Contact:
Gateway Group, Inc.
949.574.3860
STGZ@gateway-grp.com
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This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements verbally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expect,” “anticipate,” “contemplate,” “estimate,” “believe,” “plan,” “projected,” “predict,” “potential,” or “hope” or the negative of these or similar terms. This document specifically contains forward-looking statements regarding financing and its impact on our ability to execute on our business plans, as well as the development and relaunch of our app. In evaluating these forward-looking statements, you should consider various factors, including our ability to keep pace with new technology and changing market needs; our ability to finance our intended development; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.
FAQ
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