MGO Global Issues Reminder for Special Meeting of Stockholders to Vote on Approval of Business Combination Agreement with Heidmar
MGO MGO (US:MGOL) Globenewswire·2025-02-12 22:35

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]