Shares Up on Registration News
AllpennyStocks.com

Shares Up on Registration News

By: Tomas Ronolski - AllPennyStocks.com News

Monday, September 26, 2022

In a mixed morning for stocks, shares of this company are trading higher on news that it had filed with the SEC to be listed on a national exchange.

Major League Football, Inc. (OTCPINK:MLFB) has filed a Form S-1 Registration Statement with the Securities and Exchange Commission (SEC) per the company’s press release. This is in connection with its previously announced Common Stock Purchase Agreements with Janbella Group LLC, and Alumni Capital LP, for $2,500,000 each, or a total of $5,000,000.

According to CEO Frank Murtha, following the review and approval by the SEC, "MLFB will have access to the capital necessary to retire certain debts and obligations, as well as provide necessary working capital to thoroughly prepare for its full Spring 2023 season.” He went on to state that staff is working on plans for 2023 for both existing cities and new markets.  

Shares were trading at $0.0015, which is up over seven percent, in morning trade.


Copyright © 2022 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Canadian Inflation Moves Up as Expected But Easing Underlying Pressures Boost Hopes of June Rate Cut
 Read More
Key Executive Appointment Sends Small Cap Higher
 Read More
Key Press Release Sends Small Cap Soaring Premarket
 Read More
Most Popular
1
Micro Cap Has Strong Reaction To Share Repurchase Program
2
Acquisition Announcement Launches Micro Cap To Kick Off The Week
3
Canadian Inflation Moves Up as Expected But Easing Underlying Pressures Boost Hopes of June Rate Cut
4
Tencent shares soar on early release of hotly anticipated mobile game
5
Shares of Dual-Listed Miner Up on News of Options on Uranium Properties
6
JD Sports strikes deal to buy Hibbett for $1.1 billion in push for U.S. growth
FREE Newsletter
AllPennyStocks.com Favorites


Back to Top
Site Links:
Premium Services / Email Newsletter:
Social Media:
RSS Feed:
Partners:
© Copyright 2024 AllPennyStocks.com Media Inc. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes.
Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Data is provided by QuoteMedia.com.
© Copyright 1999 – 2024. AllPennyStocks.com Media Inc.
All rights reserved.