MGO Global – New Letter to Shareholders Following Successful IPO

The Chairman and CEO of MGO Global Inc. (NASDAQ:MGOL), Maximiliano Ojeda, today issued the following letter to the Company’s stockholders.

Key excerpts:

“Successfully completing our Initial Public Offering and having our common stock now trading on The Nasdaq Capital Market is a direct reflection of effort of our collective team of professionals who never wavered in their confidence in MGO and worked in close collaboration to get the job done.”

“Anchored by our flagship brand inspired by professional soccer phenom Leo Messi, MGO intends to use the capital raised in our IPO to help us achieve several key objectives in 2023, including:

-driving and amplifying the growth and expansion of The Messi Brand and The Messi Store,

-capitalizing on the experience and industry influence of our accomplished leadership team to identify and pursue strategic opportunities capable of accelerating our growth, and

-efficiently replicating and scaling our proven, end-to-end, global brand-building platform.”

Read full letter here: https://finance.yahoo.com/news/mgo-global-ceo-issues-letter-133000137.html

Share:

More Posts

Nextracker, Hesai – Warming Up The IPO Market

Two new tech listings-autonomous vehicle sensors specialist Hesai Technology and solar technology company Nextracker-saw their stocks rise by double-digit percentages after debuting Thursday. Since 2021

Ionos Shares Fall Due To Soft IPO Market

Shares in United Internet AG’s web hosting arm Ionos SE dropped following the company’s debut on the Frankfurt Stock Exchange, the first test of the German exchange this year. Ionos fell to €18.14 at 9:20 a.m. in Frankfurt. That’s compared to a 0.8% gain in the Stoxx Europe 600 Index. That’s about half of what Ionos had originally targeted. Globally, the number of listings last year fell by almost half, according to data compiled by Bloomberg. The company, whose publicly traded peers include GoDaddy Inc. and Squarespace Inc., focuses on small and medium-sized enterprises in Europe and North America. Ionos also runs a fast-growing cloud business that competes with firms including France’s OVH Groupe SAS and New York-listed DigitalOcean Holdings Inc.. Full Story: https://www.bloomberg.com/news/articles/2023-02-08/germany-s-ionos-shares-fall-after-debut-in-quiet-ipo-market#xj4y7vzkg

Send Us A Message