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Heidmar, Inc., a Global Leader in Crude Oil and Refined Petroleum Marine Transportation Services, Agrees to Business Combination with Nasdaq-Listed MGO Global Inc.
June 20, 2024
Heidmar, Inc., a Global Leader in Crude Oil and Refined Petroleum Marine Transportation Services, Agrees to Business Combination with Nasdaq-Listed MGO Global Inc.
MIAMI—LONDON—ATHENS, GREECE–(Globe Newswire)–June 20,2024–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 crude oil and refined petroleum product tanker market (“Heidmar”)via an asset light business model, today jointly announce that they have entered into an agreement for a business combination(“Business Combination Agreement” or “BCA”).Upon completion of the proposed transaction, the combined company will operate under the Heidmar name and be listed on the Nasdaq Capital Market under the symbol “HMAR.”
