Houston, Texas, Sept. 10, 2021 (GLOBE NEWSWIRE) — Majic Wheels, Corp. (OTC Pink: MJWL) (“Majic” or the “Company”), a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, announces that it has signed an agreement with New York based Investment Bank Donald Capital, LLC.
The Company is proud to announce it has signed an agreement with Donald Capital, LLC. to provide M&A Strategic Advisory and Investment Banking services to the Company as a lead placement agent. Donald Capital will assist the Company to raise capital in a private offering of up to $50,000,000.
The Company believes this agreement will further increase the scope and size of its acquisitions strategy and create a leverage to exponentially create growth and value for its shareholders.
Donald Capital, LLC is a FINRA Member Investment Bank founded with the intent to build a legacy based upon the fundamentals of Honesty & Integrity. The principals’ highly regarded Wall Street reputations, broad experience across multiple industries and geographies, plus a results-oriented approach enables Donald Capital to provide solutions to the complex problems facing companies in today’s challenging business environment. Donald Capital focuses on a market that has not been properly served for some time – the Private, Micro, Small and Midcap Markets.
“As we keep growing the Company through the organic growth of our existing business lines and the acquisition of synergistic value adding candidates, our Company will be well advised by the extensive experience of Donald Capital’s team. This is another step towards our NASDAQ up listing goal. Institutional backing is essential to a successful up list and we feel this step represents another milestone in the NASDAQ direction” said David Chong, Chief Executive Officer of Majic Wheels Corp.
About Donald Capital, LLC
Donald Capital founded in 2019 by senior Wall Street veterans with a long-term goal to become the premiere boutique investment bank in all sectors for both domestic and foreign companies. Donald Capital is headquartered in New York City with an office in St. Petersburg, FL. Future satellite offices planned in Los Angeles, Vancouver, and Shanghai.
About Majic Wheels Corp.
Majic Wheels Corp., a Delaware corporation, intends to position itself as a player in the disruptive industries of Fintech and software development by means of acquisitions and mergers. Majic Wheels Corp. is listed and traded on the Over-the-Counter Market under the trading symbol “MJWL”.
For more information about the Company visit:
Our OTC Markets Profile: https://www.otcmarkets.com/stock/mjwl/overview
Our website is: https://majiccorp.co/
Our Twitter account is: https://twitter.com/MajicCorp
Our Discord: https://discord.gg/apolloassets
About CGCX Ltd.
Founded in 2018, Calfin Global Crypto Exchange CGCX set out to offer a highly sophisticated cryptocurrency exchange for a seamless & secure crypto trading experience. Unlike most exchanges that offer only cryptocurrency trading, CGCX caters to the larger blockchain community by providing four services under a single platform.
CGCX Website: https://www.cgcx.io
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company’s control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SOURCE: Majic Wheels Corp.
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