MGO Global and Heidmar jointly announced the confidential submission with the U.S. Securities and Exchange Commission of a draft registration statement on Form F-4 by Heidmar Maritime Holdings Corp., a newly created holding company organized under the laws of the Republic of the Marshall Islands. As previously announced on June 20, 2024, MGO entered into a Business Combination Agreement on June 18, 2024 with Heidmar; Holdings; HMR Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Holdings and Rhea Marine Ltd. and Maistros Shipinvest,whereby MGO and Heidmar will become wholly owned subsidiaries of Pubco. The closing of the transactions contemplated by the BCA is subject to certain conditions, including, without limitation, the approval of MGO’s stockholders and Nasdaq’s approval of the listing of the ordinary shares of Pubco on the Nasdaq Stock Market.
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