$LGMH Light Media (LGMH) Enters Into LOI https:/
Post# of 4135
![](/assets/46931549/no_avatar_available_thumb.jpg)
https://www.otcmarkets.com/stock/LGMH/news/Li...?id=445401
GLOBE Newswire -- Light Media, Inc. (OTC Markets: (LGMH) ("Light Media"
![](/images/icons/icon_wink.gif)
![](/images/icons/icon_wink.gif)
![](/images/icons/icon_wink.gif)
Veri Holdings intends to raise up to $5 million, led by Network 1 Financial Securities, and uplist the company to a higher exchange (e.g. Nasdaq, NYSE). In this regard, Veri Holdings has retained PCAOB registered auditors and reserved stock symbol (VRHI).
Completion of the transaction is subject to the completion of a definitive agreement and related documentation. The parties anticipate that in connection with the transaction, the shares of Light Media will be combined in a reverse split that is anticipated to range from 1 new share for every existing 20 shares.
After closing (the "Closing"
![](/images/icons/icon_wink.gif)
About Veri Holdings: Veri Holdings operates as a curator of opportunities, transcending conventional boundaries in healthcare. From weight loss to skincare, our custom Electronic Medical Records (EMRs) serve as keys to unlocking conversations that many shy away from. Genetic testing, once relegated to scientific curiosity, now represents a proactive step toward a healthier tomorrowa testament to our commitment to innovation through technology. The possibilities within our grasp are boundless. For more information, please visit: www.Veriholdings.com
About Network 1 Financial Securities:
Network 1 Financial Securities, a FINRA registered broker-dealer assisting middle market private and public companies in all areas of capital markets formation, is acting as adviser to the parties in connection with the transaction.
Network 1 Financial is a full-service Investment firm founded in 1983. Our principals have over 50 years of combined experience in the securities industry working with both public and private companies. We specialize in the areas of Trading and Investment Banking. Services include IPO's, Private placements, Market Making, 144 Sales, Private Client Management and Investment Advisory. Member NASD/SIPC/MSRB.
![Like This Post](/images/thumb-up.png)
![Dislike This Post](/images/thumb-down.png)