other material
confidence high
sentiment neutral
materiality 0.65
Marquie Group enters $5M standby equity commitment with MacRab LLC
Transglobal Management Group, Inc.
- MacRab commits to purchase up to $5,000,000 of common stock at 90% of average two lowest VWAPs over six trading days.
- Company issued warrant to MacRab for 11,764,706 shares at $0.0085 per share.
- Equity line available for 24 months; Company controls timing and amount of draws.
- Registration rights granted; Put Shares to be registered on Form S-1.