MGO Global and Heidmar Announce Form F-4 Registration Statement for Proposed Business Combination Has Been Declared Effective by SEC
MGO MGO (US:MGOL) Newsfilter·2025-02-05 19:20

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]