Hey, I have a hypothetical scenario that also involves preferred shares. 😃 Suppose Raadr inc. conducts a reverse merger with another OTC ticker while creating a holding company consisting of a portion of Raadr assets. In return the target company creates a pool of preferred shares as payment for the stake of the Raadr holding company equal to 75% ownership of the target company and holding company. Then Raadr distributes the preferred shares to its shareholders. Raadr uses that company as a vehicle to up-list to the NASDAQ as a source of working capital. That company takes all the dilution risk to their share structure ensuring that Raadr shareholder equity grows at the expense of the target company. The shareholders of Raadr inc would go wild right? 😃
Wait, that scenario is not hypothetical. That is exactly what Mexedia is doing with Raadr inc. Raadr shareholders will serve as the patsy. 😆 Letter to Mexedia shareholders linked below. Mexedia share structure is locked for the most part with Orlando Taddeo indirectly through the Heritage Ventures Ltd Fund controlled 73.45% of Mexedia according to the Mexedia 2024 annual . There is no appetite to put the Mexedia stock at risk for working capital which is why they are here. The remaining share distribution was held 8% by employees with only 18.55% listed as “other investors”.Press releases concerning the up-list intent and completion of the audit. See many NASDAQ applicants with 6.7 billion shares outstanding trading in the trips? 🤭
Mexedia S.p.A., a leading telecommunications and technology company listed on Euronext Growth in Paris, has completed the acquisition of its U.S. and Irish operational units by the U.S.-based Raadr Inc. (listed on OTC Markets). The transaction was completed via a reverse takeover involving Mexedia DAC and Mexedia Inc., both subsidiaries of Mexedia S.p.A.
The deal also includes plans for Raadr to uplist on NASDAQ, aiming to access greater liquidity and capital market opportunities.
Mexedia S.p.A. retains 75% control of Raadr through preferred equity with anti-dilution clauses. A fundraising round of between $10 million and $20 million for Raadr is set to commence immediately. Mexedia has the option to deconsolidate its stake by distributing Raadr shares to its own shareholders once the transaction is completed....
a rapidly expanding U.S.-based global telecommunications provider, today announced a significant step towards uplisting to a national exchange, such as the Nasdaq or NYSE, by engaging HTL International, LLC (HTL),...
That is correct. This relationship is great for the Mexedia stock. You all are paying the bills with share sales. 🤣 They are probably looking at this runup as great news. If they can con OTC retail in funding there operation it really doesn't get any better than that. The Mexedia stock is sfe from the dilution since Orlando Taddeo indirectly through the Heritage Ventures Ltd Fund controlled 73.45% of Mexedia according to the Mexedia 2024 annual . The remaining share distribution was held 8% by employees with only 18.55% listed as “other investors”. So the stock is very thinly traded. That is where you all come in. 😃 The Mexedia and Telvantis holding company are real cash burners. They need the proceeds from the $1.5 million reg A offering so the sooner the split the better.