ACCESS Newswire
10 May 2022, 23:07 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: [email protected]
SOURCE: Major League Football, Inc.
Get a daily dose of Pittsburgh Star 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 Pittsburgh Star.
More InformationFRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
(Photo credit: Geoff Burke-Imagn Images) Former NFL linebacker Bryan Braman is 'in the fight of his life,' battling a rare and aggressive...
(Photo credit: Stephen Brashear-Imagn Images) Dan Wilson and Ken Griffey Jr. were teammates when the latter hit a franchise-record...
(Photo credit: Joe Camporeale-Imagn Images) The Kansas City Royals have an opportunity to earn their first series win in Phoenix...
(Photo credit: Mady Mertens-Imagn Images) The Cincinnati Reds are becoming known for their resilience. Fresh off an impressive...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...