STOCK TITAN

VNUE RETAINS HAMILTON & ASSOCIATES TO FACILITATE NASDAQ UPLIST

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

VNUE, Inc. (OTC: VNUE) announced on March 16, 2023, the retention of the Boca Raton-based Hamilton & Associates Law Group to assist in its planned uplisting to NASDAQ. The law firm will draft the necessary Registration Statement and disclosures for an upcoming $15MM to $20MM capital raise. This strategic move is intended to enhance VNUE’s market presence and operational growth. CEO Zach Bair emphasized prior successful collaborations with the firm, noting their expertise in securities law. The uplisting represents a critical step in VNUE's growth trajectory within the music technology sector.

Positive
  • Retention of Hamilton & Associates Law Group for NASDAQ uplisting and capital raise.
  • Planned capital raise of $15MM to $20MM to support growth initiatives.
  • CEO's confidence in experienced legal guidance for successful uplisting process.
Negative
  • None.

NEW YORK, March 16, 2023 /PRNewswire/ -- VNUE, Inc. (OTC: VNUE) (the "Company" or "VNUE") announced today that the Company has retained Boca Ratan-based securities law firm, Hamilton & Associates Law Group, P. A. to facilitate VNUE's planned uplist to NASDAQ.

Led by founder and partner Brenda Hamilton, the law firm will draft the Registration Statement and required U.S. securities law disclosures for the uplist to NASDAQ and a $15MM to $20MM capital raise.

"This is the next chapter in our plans to uplist VNUE to NASDAQ," said VNUE CEO Zach Bair. "We have worked with Brenda Hamilton previously on projects, and she and her firm do phenomenal work. She has the expertise and resources we require to guide us through this process and set the Company up for success through a definitive process and schedule."

Ms. Hamilton has a long and successful track record in securities law and corporate finance matters. She has participated  securities offerings and/or going public transactions ranging from less than $1MM to more than $300MM involving individual investors, banks and investment firms.  Pursuant to an SEC Administrative Order, she has  served as the Compliance Consultant in an SEC action to review and implement operational procedures and compliance of an SEC Registered Transfer Agent effecting transactions in publicly traded securities. She regularly reviews and drafts agreements for acquisitions, mergers, complex commercial sale of goods transactions, and other domestic and international transactions.

Ms. Hamilton is admitted to practice in the State of Florida, Washington D.C., and before the U.S. District Court for the Southern District of Florida. She is a member of the Florida State Bar, American Bar Association, International Law Committee of the American Bar Association, the Business Law Committee of the American Bar Association, the Palm Beach Bar Association, and the International Bar Association.  She attended the University of Miami, and received her J.D. from the University of Arkansas, Fayetteville.

About VNUE, Inc. (www.vnue.com)
VNUE, Inc., (OTC: VNUE) is a multi-faceted music technology company dedicated to monetizing the live music experience for artists, labels, writers, and publishers, with products such as its set.fm instant content distribution platform (www.set.fm), exclusive license partner and "instant live" pioneer DiscLive (www.disclive.net), and protecting the rights of artists and writers with the company's Soundstr music recognition technology (MRT) (www.soundstr.com). VNUE also recently acquired StageIt (www.stageit.com), one of the oldest and most well-known ticketed livestreaming platforms.

The veteran entrepreneurs, artists and songwriters behind VNUE, led by music and tech entrepreneur and recording artist Zach Bair (www.zachbairmusic.com), are passionate about the future of their industry and ensuring that rights holders' value is not lost amid always-changing technology.

Safe Harbor
This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may  be unable to sustain growth or achieve profitability based upon many factors including but not limited to general stock market conditions. Reference is hereby made to cautionary statements set forth in the Company's most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new service lines and  there is no assurance that we will generate enough revenues to offset those costs in  the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time. No information contained in this press release should be construed as any indication whatsoever of the Company's future revenues, results of operations, or stock price.

Cision View original content:https://www.prnewswire.com/news-releases/vnue-retains-hamilton--associates-to-facilitate-nasdaq-uplist-301774262.html

SOURCE VNUE, Inc.

FAQ

What is VNUE's plan for uplisting to NASDAQ?

VNUE plans to uplist to NASDAQ with the assistance of Hamilton & Associates Law Group, focusing on a capital raise between $15MM to $20MM.

When did VNUE announce its NASDAQ uplisting plan?

VNUE announced its NASDAQ uplisting plan on March 16, 2023.

Who is facilitating VNUE's uplisting to NASDAQ?

Hamilton & Associates Law Group is facilitating VNUE's uplisting to NASDAQ.

What amount is VNUE aiming to raise for its uplisting?

VNUE is targeting a capital raise of $15MM to $20MM for its uplisting to NASDAQ.

VNUE INC

OTC:VNUE

VNUE Rankings

VNUE Latest News

VNUE Stock Data

886.28k
2.54B
13.95%
Entertainment
Communication Services
Link
United States of America
New York