Heidmar to Commence Trading Under Ticker “HMR” on The Nasdaq Capital Market Tomorrow Morning, February 20, 2025 MIAMI - LONDON, U.K. - ATHENS, Greece , Feb. 19, 2025 (GLOBE NEWSWIRE) -- MGO Global Inc. (Nasdaq: MGOL), a digitally-native, lifestyle brand portfolio company, (“MGO,” "MGO Global” or the “Company”), and Heidmar, Inc., a global commercial and pool management business serving the drybulk, crude oil and refined petroleum product tanker market ("Heidmar"), today jointly announced the successful com ...

MIAMI — LONDON, U.K. — ATHENS, Greece , Feb. 14, 2025 (GLOBE NEWSWIRE) -- MGO Global Inc. (Nasdaq: MGOL), a digitally-native, lifestyle brand portfolio company, (“MGO,” "MGO Global” or the “Company”), and Heidmar, Inc., a global commercial and pool management business serving the drybulk, crude oil and refined petroleum product tanker market ("Heidmar") via an asset light business model, today jointly announced that MGO stockholders approved the previously announced proposed business combination (the “Busin ...

MIAMI — LONDON, U.K. — ATHENS, Greece , Feb. 14, 2025 (GLOBE NEWSWIRE) -- MGO Global Inc. (NASDAQ:MGOL), a digitally-native, lifestyle brand portfolio company, ("MGO," "MGO Global" or the "Company"), and Heidmar, Inc., a global commercial and pool management business serving the drybulk, crude oil and refined petroleum product tanker market ("Heidmar") via an asset light business model, today jointly announced that MGO stockholders approved the previously announced proposed business combination (the "Busine ...

Company Overview - MGO Global Inc. is a digitally-native lifestyle brand portfolio company focused on building independent, high-quality brands across ecommerce and wholesale channels [5] - Heidmar, Inc. is a global commercial and pool management business servicing the drybulk, crude oil, and refined petroleum product tanker market, operating under an asset-light business model [4] Business Combination - MGO Global will host a Special General Meeting on February 14, 2025, to vote on the approval of the business combination with Heidmar [1][2] - The Board of Directors of MGO Global has unanimously approved the transaction and encourages stockholders to vote "FOR" the business combination [3] - If approved, Heidmar Maritime Holdings Corp. will become the public company and trade on The Nasdaq Capital Market under the symbol "HMR" [3] Financial Advisory - Maxim Group LLC is the exclusive financial advisor to MGO Global for the merger, while Seaborne Capital Advisors serves as the exclusive financial advisor to Heidmar [3] Heidmar's Business Model - Heidmar operates with a focus on safety, performance, and transparency, providing a "one stop" solution for maritime services in the crude oil, refined petroleum products, and dry bulk shipping sectors [4] - The company has a strong reputation and aims to maximize customer profitability through its extensive experience and asset-light model [4] MGO Global's Business Units - MGO Global consists of two business units: Americana Liberty, which markets high-end home and outdoor products, and MGO Digital, which utilizes data analytics and technology-enabled marketing to introduce new lifestyle brand concepts [5]

Company Overview - MGO Global Inc. is a digitally-native lifestyle brand portfolio company focused on building independent, high-quality brands across ecommerce and wholesale channels [7] - Heidmar, Inc. is a commercial and pool management business servicing the crude oil and refined petroleum product tanker market, operating under an asset-light business model [6] Business Combination Announcement - MGO Global and Heidmar announced a business combination, with the SEC declaring effective the registration statement for Heidmar Maritime Holdings Corp. [1] - The business combination is subject to approval by MGO stockholders, with a special meeting scheduled for February 14, 2025 [3][4] Shareholder Meeting Details - MGO stockholders of record as of December 18, 2024, are entitled to attend and vote at the special meeting [3] - The meeting will be held virtually, and stockholders will need a 16-digit control number to participate [3] Post-Transaction Structure - Upon closing, the parent company of the combined entities will be PubCo, which expects to list its ordinary shares on the Nasdaq Capital Market under the symbol "HMAR" [4] Advisory Roles - Maxim Group LLC is the exclusive financial advisor to MGO, while Seaborne Capital Advisors is the exclusive financial advisor to Heidmar [5]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 16, 2024 MGO Global Inc. (Exact name of registrant as specified in its charter) Delaware 001-41592 83-1833607 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 1515 SE 17th Street, Suite 121/#460236 Fort Lauderdale, Florida 33346 ( ...

Business Combination Overview - MGO Global (NASDAQ:MGOL) stock surged significantly following the announcement of a business combination with Heidmar, a pool management company in the crude oil and refined petroleum tanker market [1][5] - The merger will be executed through a holding company structure, with both MGO Global and Heidmar becoming wholly-owned subsidiaries of a Marshall Islands-based company [2] - The combined entity will adopt the HMAR stock ticker post-merger [5] Financial Terms and Conditions - Heidmar investors are eligible for earnouts of $30 million in additional shares, contingent on the combined company achieving $45 million in revenue, $30 million in EBITDA, or $25 million in net income in fiscal 2024 [3] - MGOL stock will be exchanged for shares of the Marshall Islands company on a one-for-one basis, while Heidmar shareholders will receive $300 million shares of the new company, matching the price per share offer for MGOL [6] Market Reaction and Trading Activity - MGOL stock experienced a 133% increase in value on Thursday morning, with trading volume exceeding 120 million shares, significantly above its daily average of 7.4 million shares [7] Governance and Timeline - The boards of directors of both MGO Global and Heidmar unanimously approved the merger, which is expected to close in the third quarter of 2024, pending regulatory and shareholder approvals [4]

There are still more stock market stories traders are going to want to read about today! We have all of the hottest stock market news that investors need to know about on Tuesday! That includes the biggest pre-market stock movers, the latest news on cruise stocks and more. All of that info is ready to go at the links below! MGO Global (NASDAQ:MGOL) stock is rocketing higher on Tuesday alongside the release of the lifestyle brand portfolio company's Q1 2024 earnings report. MGO Global starts its earnings rep ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number: 001-41592 MGO GLOBAL INC. (Exact name of registrant as specified in its charter) | | | (State or other jurisdictio ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Registrant's telephone number, including area code: (347) 913-3316 Securities registered pursuant to Section 12(b) of the Act: For the transition period from _______ to ________ Commission file ...