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XCPCNL Business Services Announces Official Closing of Regulation A Offering

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XCPCNL Business Services Corporation (OTC Pink: XCPL) has successfully completed its Regulation A offering and eliminated all dilutive conversions. CEO Tim Matthews announced the closure, indicating the company can now concentrate on rebuilding its brand and enhancing day-to-day operations. Funds raised will contribute to corporate operating expenses and working capital. The company plans to file a Form 1-Z to finalize the offering and will be updating its corporate website, with an interactive shareholder webinar scheduled before April 30, 2023. Shareholders are encouraged to follow company updates on social media platforms.

Positive
  • Successful completion of Regulation A offering.
  • Eliminated all dilutive conversions.
  • Funds raised will support corporate operating expenses and working capital.
Negative
  • None.

CHARLOTTE, NC / ACCESSWIRE / April 18, 2023 / XCPCNL Business Services Corporation (OTC Pink:XCPL), a venture development business that leverages knowledge, skill, and experience in the consumer products industry, is pleased to announce the official closing of the company's Regulation A offering and removed all dilutive conversions.

"We are happy to announce that we have closed the Reg A and have removed all dilutive conversions, now we can focus on rebuilding the Brand and focus on day to day operations," said CEO Tim Matthews.

The company will be preparing and will be filing a Form 1-Z to mark the end of the offering. The funds raised during the Reg A have been used towards corporate operating expenses and working capital.

Moving forward, the company will be working to update its corporate website and will be holding an interactive shareholder webinar before April 30th.

XCPCNL Business Services Corporation (OTC Pink:XCPL) encourages shareholders to visit their corporate social media platforms:

https://twitter.com/RealXCPCNL

https://www.linkedin.com/company/xcpcnl-business-services-corp/

Forward-Looking Statements Disclaimer:

This press release may include, and oral statements made from time to time by representatives of the Company may include, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release, are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filing with the Over the Counter Market ("OTC"). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

About XCPCNL:

Charlotte, NC-based XCPCNL Business Services is a venture development business that leverages its knowledge, skills, and experience in the consumer products industry. Our primary mission is to provide marketing, technology, and other business services to fast-growing consumer product companies and big-box retailers. XCPCNL is a minority-owned and controlled firm. To learn more about our businesses, services, and opportunities, please contact: info@xcpcnl.com

To learn more about XPCNL, visit www.xcpcnl.com

For Inquiries:
Email: ir@xcpcnl.com

SOURCE: XCPCNL Business Services Corp.
XCPCNL Business Services Corp., Tuesday, April 18, 2023, Press release picture



View source version on accesswire.com:
https://www.accesswire.com/749662/XCPCNL-Business-Services-Announces-Official-Closing-of-Regulation-A-Offering

FAQ

What is the significance of XCPCNL's Regulation A offering closure?

The closure signifies a shift for XCPCNL Business Services towards focusing on brand rebuilding and operational efficiency.

What will the funds from the Regulation A offering be used for?

The funds will be allocated towards corporate operating expenses and working capital.

When is XCPCNL's interactive shareholder webinar scheduled?

The interactive shareholder webinar is scheduled to occur before April 30, 2023.

What is the stock symbol for XCPCNL Business Services?

The stock symbol for XCPCNL Business Services is XCPL.

XCPCNL BUSINESS SERVICES

OTC:XCPL

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