MGO Global Announces Closing of $8.625 Million Initial Public Offering

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Jan 18, 2023

MIAMI, FL and BUENOS ARIES, ARGENTINA and LONDON, UK and NEW YORK, NY / ACCESSWIRE / January 18, 2023 / MGO Global Inc., operator of The Messi Store ("MGO Global" or the "Company"), today announced the closing of its initial public offering (the "Offering") of 1,725,000 shares of common stock, including the full exercise by the underwriters of their overallotment option to purchase 225,000 shares, at a price to the public of $5.00 per share. The aggregate gross proceeds of the Offering, including the overallotment, were $8,625,000, prior to deducting underwriting discounts, commissions and Offering expenses.