Wednesday, October 26, 2022 11:33:40 AM
Press Release | 10/26/2022
Charlotte, North Carolina, Oct. 26, 2022 (GLOBE NEWSWIRE) -- XCPCNL Business Services Corporation (OTC Pink: XCPL), a venture development business that leverages knowledge, skill, and experience in the consumer products industry, is pleased to announce the official closing of the company’s Regulation A offering.
“We are happy to announce that we have closed the Reg A and can move forward to further enhance Shareholder value and drive our revenue streams without the Reg A albatross. It has been a challenging road navigating through the OTC as a Freshman CEO, but I think I am a better man for it and am exciting about what the future holds not only for XCPCNL, but also our current and future Mergers and Acquisitions and our shareholders. We are working on several exciting updates. Once details become finalized, we will be able to share more information with our shareholders,” said CEO Tim Matthews.
The company’s securities attorney has prepared and will be filing a Form 1Z to signal the end of the offering. The funds raised during the Reg A will be used towards working capital. This will include future M&A due diligence, Joint Ventures and day to day operations to further drive revenues and increase shareholder value. Expect an update to the outstanding shares within 24 hours once filed.
Moving forward, the company will be working to update its corporate website and will be holding interactive shareholder webinars once a month.
XCPCNL Business Services Corporation (OTC Pink: XCPL) encourages shareholders to visit their corporate social media platforms:
https://twitter.com/RealXCPCNL
https://www.linkedin.com/company/xcpcnl-business-services-corp/
Forward-Looking Statements Disclaimer:
This press release may include, and oral statements made from time to time by representatives of the Co
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