$LGMH Light Media (LGMH) Enters Into LOI https:
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https://www.otcmarkets.com/stock/LGMH/news/Li...?id=445401
ATLANTA, GA, June 28, 2024.GLOBE Newswire -- Light Media, Inc. (OTC Markets: (LGMH) ("Light Media"
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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"
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