ACCESSWIRE
11 May 2022, 03:37 GMT+10
LAKEWOOD RANCH, FL / ACCESSWIRE / May 10, 2022 / Major League Football, Inc. (OTC PINK:MLFB) is pleased to announce that it has entered into a binding Agreement with an institutional investor for an Equity Line Stock Purchase Agreement of up to $10,000,000 (Ten Million Dollars) of our Common Stock. The commencement of funding will occur when the Company's S-1 Registration Statement shall have been declared and remain effective by and with the Securities and Exchange Commission ('SEC').
Over the last few months, we have received a number of proposals from qualified, interested investors. Our Board of Directors and external advisors vetted all of them. We have entered into this Agreement, effective May 6, 2022. This commitment allows us to move forward with our plans for a 2022 Season. Over the next two weeks, we will be formally announcing our cities, the respective coaches assigned to each city, and the official schedule. 'This is a milestone we have all worked very hard to achieve and we look forward to providing our shareholders, fans and the public with exciting football - now and in future years' said CEO Frank Murtha.
Contact: Frank Murtha, President & CEO: f.murtha@mlfb.com
SOURCE: Major League Football, Inc.
Get a daily dose of Los Angeles Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Los Angeles Herald.
More InformationGENEVA, Switzerland: The World Health Organization (WHO) has received a proposal by 13 member states requesting that Taiwan be allowed ...
BRUSSELS, Belgium: European Union foreign policy chief Josep Borrell has said that the bloc would ensure Ukraine that it has ...
Former U.S. President George W. Bush has made an embarrassing mistake in criticizing Russian President Vladimir Putin over his decision ...
WASHINGTON D.C.: The U.S. State Department has announced the launch of a new program to capture and analyze evidence of ...
JAKARTA, Indonesia: A new poll released this week indicated that Indonesian President Joko Widodo's approval rating has hit a six-year ...
EAST JAVA, Indonesia: A tourist bus crashed into a billboard on a highway on Indonesia's main island of Java this ...
SACRAMENTO, California: In another blow to the state's push to diversify corporate leadership, a California court judge has ruled that ...
The Los Angeles Angels will host the Oakland A's on Saturday night in Anaheim, Calif., looking to get their bullpen ...
The Texas Rangers have won five of their past six games and look to continue their hot streak when they ...
The Atlanta Braves are starting to receive the offensive performance they expected from Marcell Ozuna, who will take a three-game ...
The Los Angeles Dodgers started their 10-day, 10-game road trip with an impressive 4-1 victory over the host Philadelphia Phillies ...
San Francisco Giants left-hander Carlos Rodon had one of the best Aprils of any major league pitcher, yet he will ...