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MGO Global’s Stockholders Approve Business Combination with Heidmar
February 15, 2025
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 “Business Combination”) with Heidmar, Inc. at
MGO’s Special General Meeting of Stockholders (the “Special Meeting”) held this morning, February
14, 2025.
Following the closing of the Business Combination (the “Closing”), which is expected to occur next
week, the combined company will operate under the name Heidmar Maritime Holdings
Corporation (“Holdings”) and its ordinary shares are expected to trade on The Nasdaq Capital
Market under the ticker symbol “HMR”. The new CUSIP number for Holdings’ ordinary shares will
be Y3130D101. Until the Closing is consummated, MGO’s shares of common stock shall continue to
trade on The Nasdaq Capital Market under the ticker symbol “MGOL”.
