Mag Mile Capital, Inc. Files S-1/A Amendment
Ticker: MMCP · Form: S-1/A · Filed: Mar 8, 2024 · CIK: 1879293
| Field | Detail |
|---|---|
| Company | Mag Mile Capital, Inc. (MMCP) |
| Form Type | S-1/A |
| Filed Date | Mar 8, 2024 |
| Risk Level | |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.005, $9 billion, $495,000, $0.50, $1.0 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: S-1/A, IPO, Mag Mile Capital, SEC Filing, Amendment
TL;DR
<b>Mag Mile Capital, Inc. has filed an S-1/A amendment, providing updated information for its public offering.</b>
AI Summary
Mag Mile Capital, Inc. (MMCP) filed a Amended IPO Registration (S-1/A) with the SEC on March 8, 2024. Mag Mile Capital, Inc. filed an S-1/A amendment on March 8, 2024. The company was formerly known as Myson, Inc., with a name change effective August 19, 2021. Fiscal year end is December 31st. The company is incorporated in Oklahoma (OK). Business and mailing address is located in Salt Lake City, UT.
Why It Matters
For investors and stakeholders tracking Mag Mile Capital, Inc., this filing contains several important signals. This S-1/A filing indicates the company is moving forward with its public offering plans, which could lead to increased liquidity and access to capital. The amendment likely contains updated financial information and disclosures relevant to potential investors evaluating the company's prospects.
Risk Assessment
Risk Level: — Mag Mile Capital, Inc. shows moderate risk based on this filing. The filing is an S-1/A, which is an amendment to an initial registration statement, suggesting the company is in the process of going public or has made significant changes to its offering. This stage inherently carries risks associated with public market entry.
Analyst Insight
Monitor future filings for updates on the IPO status, pricing, and initial trading performance.
Key Numbers
- 333-274354 — SEC File Number (SEC file number for the registration)
- 24735080 — Film Number (Film number associated with the filing)
Key Players & Entities
- Mag Mile Capital, Inc. (company) — Filer name
- Myson, Inc. (company) — Former company name
- 2021-08-19 (date) — Date of name change
- 2024-03-08 (date) — Filing date
- Salt Lake City, UT (location) — Business address
FAQ
When did Mag Mile Capital, Inc. file this S-1/A?
Mag Mile Capital, Inc. filed this Amended IPO Registration (S-1/A) with the SEC on March 8, 2024.
What is a S-1/A filing?
A S-1/A is a amendment to an IPO registration statement, typically incorporating SEC feedback. This particular S-1/A was filed by Mag Mile Capital, Inc. (MMCP).
Where can I read the original S-1/A filing from Mag Mile Capital, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Mag Mile Capital, Inc..
What are the key takeaways from Mag Mile Capital, Inc.'s S-1/A?
Mag Mile Capital, Inc. filed this S-1/A on March 8, 2024. Key takeaways: Mag Mile Capital, Inc. filed an S-1/A amendment on March 8, 2024.. The company was formerly known as Myson, Inc., with a name change effective August 19, 2021.. Fiscal year end is December 31st..
Is Mag Mile Capital, Inc. a risky investment based on this filing?
Based on this S-1/A, Mag Mile Capital, Inc. presents a moderate-risk profile. The filing is an S-1/A, which is an amendment to an initial registration statement, suggesting the company is in the process of going public or has made significant changes to its offering. This stage inherently carries risks associated with public market entry.
What should investors do after reading Mag Mile Capital, Inc.'s S-1/A?
Monitor future filings for updates on the IPO status, pricing, and initial trading performance. The overall sentiment from this filing is neutral.
How does Mag Mile Capital, Inc. compare to its industry peers?
The filing pertains to a company in the industrial process furnaces & ovens sector, as indicated by its SIC code.
Are there regulatory concerns for Mag Mile Capital, Inc.?
The S-1/A filing is made under the Securities Act of 1933, which governs the registration of securities.
Industry Context
The filing pertains to a company in the industrial process furnaces & ovens sector, as indicated by its SIC code.
Regulatory Implications
The S-1/A filing is made under the Securities Act of 1933, which governs the registration of securities.
What Investors Should Do
- Review the full S-1/A filing for detailed financial statements and business descriptions.
- Track subsequent SEC filings for updates on the company's IPO progress.
- Analyze the company's business model and competitive landscape within the industrial furnaces and ovens sector.
Key Dates
- 2024-03-08: S-1/A Filing — Amendment to the initial registration statement filed by Mag Mile Capital, Inc.
- 2021-08-19: Name Change — Date when Mag Mile Capital, Inc. was formerly known as Myson, Inc.
Year-Over-Year Comparison
This is an amendment (S-1/A) to a previous filing, indicating updates or changes to the initial registration statement.
Filing Stats: 4,571 words · 18 min read · ~15 pages · Grade level 14.6 · Accepted 2024-03-08 16:39:57
Key Financial Figures
- $0.005 — our common stock on March 5, 2024, was $0.005. Investing in our securities involves
- $9 billion — personnel have collectively raised over $9 billion in real estate financing during their c
- $495,000 — a change of control of the Company, for $495,000, pursuant to a Stock Purchase Agreement
- $0.50 — f our common stock at an exercise price $0.50 per warrant share with an exercise peri
- $1.0 billion — h Company As a company with less than $1.0 billion in revenue during our most recently com
- $1.235 billion — ge Commission, or if we issue more than $1.235 billion of non- convertible debt over a three-y
Filing Documents
- forms-1a.htm (S-1/A) — 1113KB
- ex5-1.htm (EX-5.1) — 15KB
- ex23-1.htm (EX-23.1) — 5KB
- ex107.htm (EX-FILING FEES) — 6KB
- ex5-1_001.jpg (GRAPHIC) — 72KB
- forms-1_001.jpg (GRAPHIC) — 2KB
- 0001493152-24-009416.txt ( ) — 4102KB
- mmcp-20230930.xsd (EX-101.SCH) — 27KB
- mmcp-20230930_cal.xml (EX-101.CAL) — 45KB
- mmcp-20230930_def.xml (EX-101.DEF) — 131KB
- mmcp-20230930_lab.xml (EX-101.LAB) — 232KB
- mmcp-20230930_pre.xml (EX-101.PRE) — 193KB
- forms-1a_htm.xml (XML) — 419KB
USE OF PROCEEDS
USE OF PROCEEDS 21 MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS 21 SELLING STOCKHOLDERS 22
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 23
BUSINESS
BUSINESS 26 MANAGEMENT 29
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 31 PRINCIPAL SECURITYHOLDERS 33 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE 34
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 34 INDEMNIFICATION OF OFFICERS AND DIRECTORS 37 SHARES ELIGIBLE FOR FUTURE SALE 37 PLAN OF DISTRIBUTION 39 LEGAL MATTERS 39 EXPERTS 39 WHERE YOU CAN FIND MORE INFORMATION 40 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS F-1 3 Trademarks This prospectus contains references to our trademarks and service marks and to those belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the or TM symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent possible under applicable law, our rights or the rights of the applicable licensor to these trademarks and trade names. We do not intend our use or display of other companies' trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by any other companies. PROSPECTUS SUMMARY The following summary highlights information contained elsewhere in this prospectus. This summary may not contain all of the information that may be important to you. You should read this entire prospectus carefully, including the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and our historical financial Company," "Mag Mile Capital," "CSF Capital, LLC" "Myson", "we," "us," and "our" refer to Myson, Inc. The Company Overview As a result of a reverse merger between Myson, Inc. and Megamile Capital, Inc. d/b/a Mag Mile Capital that closed March 30, 2023, following which the business of the Company became the business of Mag Mile Capital, the Company filed with the Financial Industry Regulatory Authority ("FINRA") an application for a new trading symbol to reflect its future new name, Mag Mile Capital, Inc. Mag Mile C