M&A
confidence high
sentiment neutral
materiality 0.70
The Marquie Group acquires 25% of SIMPLY WHIM for 666M shares and $2M note
Transglobal Management Group, Inc.
- Acquired 25% of SIMPLY WHIM, a skin care product development company, on Sept 20, 2022.
- Consideration: 666,666,668 shares of TMGI common stock plus a $2M promissory note.
- Shares issued to SIMPLY WHIM shareholders as unregistered securities under Rule 4(2) exemption.
- Transaction completed on the same day as the agreement, September 20, 2022.