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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

MLFB Announces a Tier 2 Reg A Offering

LAKEWOOD RANCH, FL / ACCESSWIRE / December 14, 2021 / Frank Murtha, President and CEO of Major League Football, Inc. (OTC PINK:MLFB)

"As previously disclosed, the Company has engaged the services of a well-known and respected investment bank headquartered in New York to assist in pursuing short-term financing of approximately $3 million followed by a planned tiered subsequent raise of approximately $27 million between the end of calendar 2021 and the first calendar quarter of 2022. In addition, our management has been engaged with several high net-worth individuals and funds who have expressed an interest in being part of our League as investors.

The investment bank has recently presented to the Company for its consideration a non-binding Term Sheet from a Fund for a common stock equity line in the amount of $5,000,000 (Five Million Dollars). This is currently being actively reviewed but has not yet been accepted. The Company has continued its discussions with high net-worth individuals and one other Fund interested in investing in the Company. There is no guarantee that the Term Sheet will be consummated into full definitive documents and an eventual funding for the Company but represents a significant step in our Funding process.

In addition the Company has recently retained legal counsel who are preparing filings with the SEC for a Tier 2 Regulation A offering of common stock. This process is currently underway as of the date of the filing of this form 10-Q. There is no guarantee that a Tier 2 Regulation A offering will be consummated and an eventual funding to the Company. This, as well ,is another significant step in the Company's funding process for its planned 2022 Spring season.

Contact: Frank Murtha, CEO
F.murtha@mlfb.com

SOURCE: Major League Football, Inc.



View source version on accesswire.com:
https://www.accesswire.com/677672/MLFB-Announces-a-Tier-2-Reg-A-Offering

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