Bravo Multinational Inc. Enters Material Definitive Agreement
Ticker: BRVO · Form: 8-K · Filed: Mar 15, 2024 · CIK: 1444839
| Field | Detail |
|---|---|
| Company | Bravo Multinational INC. (BRVO) |
| Form Type | 8-K |
| Filed Date | Mar 15, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $75,000,000, $1,400,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-actions
TL;DR
Bravo Multinational Inc. just signed a big deal, filing an 8-K on 3/11/24.
AI Summary
On March 11, 2024, Bravo Multinational Inc. entered into a material definitive agreement. The company, formerly known as GoldLand Holdings Corp., GoldCorp Holdings Corp., and GoldCorp Holding Co., is incorporated in Wyoming and has its principal executive offices in Virginia Beach, VA.
Why It Matters
This filing indicates a significant new contract or partnership for Bravo Multinational Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement can introduce new risks and opportunities, the specifics of which are not detailed in this initial filing.
Key Players & Entities
- Bravo Multinational Inc. (company) — Filer
- GoldLand Holdings Corp. (company) — Former Company Name
- GoldCorp Holdings Corp. (company) — Former Company Name
- GoldCorp Holding Co. (company) — Former Company Name
- March 11, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Bravo Multinational Inc. on March 11, 2024?
The filing states that Bravo Multinational Inc. entered into a material definitive agreement on March 11, 2024, but the specific details of this agreement are not provided in the provided text.
What were Bravo Multinational Inc.'s previous company names?
Bravo Multinational Inc. was formerly known as GoldLand Holdings Corp., GoldCorp Holdings Corp., and GoldCorp Holding Co.
In which state is Bravo Multinational Inc. incorporated?
Bravo Multinational Inc. is incorporated in Wyoming.
What is the business address of Bravo Multinational Inc.?
The business address of Bravo Multinational Inc. is 2020 GENERAL BOOTH BLVD UNIT 230, VIRGINIA BEACH, VA 23454.
What is the SEC file number for Bravo Multinational Inc.'s 8-K filing?
The SEC file number for Bravo Multinational Inc.'s 8-K filing is 000-53505.
Filing Stats: 787 words · 3 min read · ~3 pages · Grade level 12.9 · Accepted 2024-03-15 16:01:20
Key Financial Figures
- $75,000,000 — ties will work together to secure up to $75,000,000 in financing for BAC. Journeys will rec
- $1,400,000 — BRVO will issue a note to Journeys for $1,400,000, which is convertible into shares of BR
Filing Documents
- brvo315248k.htm (8-K) — 22KB
- ex10_1.htm (EX-10.1) — 1KB
- ex101001.jpg (GRAPHIC) — 366KB
- ex101002.jpg (GRAPHIC) — 301KB
- ex101003.jpg (GRAPHIC) — 480KB
- ex101004.jpg (GRAPHIC) — 2147KB
- 0001091818-24-000023.txt ( ) — 4723KB
- brvo-20240311.xsd (EX-101.SCH) — 3KB
- brvo-20240311_lab.xml (EX-101.LAB) — 33KB
- brvo-20240311_pre.xml (EX-101.PRE) — 22KB
- brvo315248k_htm.xml (XML) — 3KB
01- Entry Into a Material Definitive Agreement
Item 1.01- Entry Into a Material Definitive Agreement On March 11, 2024, Bravo Multinational, Inc. ("BRVO"), a Wyoming corporation entered into a legally binding letter of intent (the "Agreement") with Pythia Journeys, LLC, a Puerto Rico limited liability company ("Journeys"). Under the terms of the Agreement, BRVO will form a subsidiary company, by the name of Bravo Acquisition Corp. ("BAC") The purpose of BAC is to combine technology and assets from Journeys and BRVO to provide BAC's customers with a platform for streaming live and on-demand video and other media. As part of the transaction, Journeys will contribute a license to its storytelling technology, NFT's related to BRVO's streaming content, and exclusive content relating to the storytelling business. BRVO will contribute a license and service for the technology used in its business, a license and access to the streaming live and on-demand content it has the right to, and services in the form of sourcing advertising commitments. It is agreed that the parties will work together to secure up to $75,000,000 in financing for BAC. Journeys will receive 49% of the equity ownership of BAC and BRVO will receive 51% of the equity ownership of BAC. Profits of BAC will be shared equally. In addition, BRVO will issue a note to Journeys for $1,400,000, which is convertible into shares of BRVO common stock, based on the closing price of such stock on January 4, 2024.
Forward-Looking Statements
Forward-Looking Statements: Certain statements contained in this current report on Form 8-K are forward-looking statements and are based on future expectations, plans, and prospects for Bravo's business and operations and involve a number of risks and uncertainties. Bravo's forward-looking statements in this report are made as of the date hereof and Bravo disclaims any duties to supplement, update or revise such statements on a going forward basis whether as a result of subsequent developments, change or expectations or otherwise. In connection with the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995, Bravo is identifying certain forward-looking information regarding, among other things, the Important factors that could cause further events or results to vary from those addressed in the forward-looking statements, including, without limitation, risks and uncertainties arising from the ability of Bravo to successfully manage its assets; uncertainties relating to the ability to realize the expected benefits of its business plan; unanticipated or unfavorable regulatory matters; general economic conditions in the industry in which the Company operates, and other risk factors as discussed in other Bravo filings made from time to time with the United States Securities and Exchange Commission. Financial Item 9.01 -Financial Statements and Exhibits. (a) Financial statements of business acquired . Not applicable. (b) Pro forma financial information . Not applicable. (c) Shell company transactions . Not applicable. (d) Exhibits . Exhibit No. Description 10.1+ Binding Letter of Intent +Filed herewith
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 15, 2024 Bravo Multinational Incorporated By /s/ Richard Kaiser Director/ CFO -2-