Punch Television Studios Announces $50 Million Increase for Its First Roundl of Funding
La, June 1, 2021- The innovative multimedia conglomerate Punch Television set Studios and URBT (OTC:URBT), nowadays declared it's going to increase $fifty Million in the very first spherical of seed funding. By employing President Barack Obama's Work opportunities Act; Regulation A+, Punch TV Studios is poised to generally be one of several initially organizations to start boosting income using this type of funding mechanism. The business ideas to supply twenty five million shares of stock at $2.00 per share directly to the public.
A photo accompanying this launch is out there at http://www.globenewswire.com/newsroom/prs/?pkgid=33432
"By enabling the general public to invest specifically into Punch Television set Studios, now it is doable for urban investors to become stockholders and Energetic participants inside our results. It really is of the utmost importance that we can empower the users of your urban Group, who prior to the Work Act would not have experienced this chance," claims CEO Joseph Collins.
Likely buyers should sign-up at http://www.PunchTVStudios.com for being among the primary to buy Punch Tv set Studios stock, as the corporate begins to test the waters in states that are applicable. Punch Television Studios options to right away get started providing its shares after the Securities Trade Commission concerns an efficient date. The inventory has become available to capable get more info traders by calling Punch Tv set Studios directly at [email protected].
Punch Tv set Studios investor, and former US Naval Academy Professor of Finance Dr. Betty Burston PhD, states that "Punch Tv set here Studios is a type of awesome, cutting edge start off-ups that is definitely emerging within the shadows and transforming into a media juggernaut, a transition reminiscent of the early times of Apple, Walt Disney or Microsoft."
The $50 million capital raise will proficiently placement the business to the start of its new worldwide app "Punch TV Are living." The Punch Tv set Dwell application will contain numerous impartial tv networks streaming Are living 24 hours every day. Punch Television set Dwell is scheduled for release in the 1st quarter of 2016.
"In line with our small business model, immediately after correctly increasing $fifty million, we've been projected to create much more than $one hundred million in annual revenues, and make over 500 new Employment in excess of the next 3 decades. We've been decided to transform website the urban community into an unstoppable power," claims CEO Joseph Collins.