Mag Mile Capital, Inc. Files S-1/A Amendment

Ticker: MMCP · Form: S-1/A · Filed: Jun 17, 2024 · CIK: 1879293

Mag Mile Capital, Inc. S-1/A Filing Summary
FieldDetail
CompanyMag Mile Capital, Inc. (MMCP)
Form TypeS-1/A
Filed DateJun 17, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$0.005, $9 billion, $495,000, $0.50, $1.0 billion
Sentimentneutral

Sentiment: neutral

Topics: sec-filing, registration-statement, company-update

TL;DR

Mag Mile Capital (fka Myson) filed S-1/A on 6/17. OK corp, UT address. Industrial furnaces.

AI Summary

Mag Mile Capital, Inc. filed an S-1/A amendment on June 17, 2024, detailing its financial status. The company, formerly Myson, Inc., is incorporated in Oklahoma and operates in the industrial process furnaces & ovens sector. Their business and mailing address is 3625 Cove Point Drive, Salt Lake City, UT 84109.

Why It Matters

This filing provides updated information for investors and the public regarding Mag Mile Capital, Inc.'s corporate and financial status, including its business operations and structure.

Risk Assessment

Risk Level: low — The filing is a routine amendment to a registration statement and does not contain specific financial performance data or significant business changes that would indicate high risk.

Key Players & Entities

  • Mag Mile Capital, Inc. (company) — Filer
  • Myson, Inc. (company) — Former company name
  • 3625 Cove Point Drive, Salt Lake City, UT 84109 (location) — Business and mailing address
  • 20240617 (date) — Filing date
  • 333-274354 (document_id) — SEC file number

FAQ

What is the primary business of Mag Mile Capital, Inc.?

Mag Mile Capital, Inc. is classified under the Standard Industrial Classification code 3567, which pertains to Industrial Process Furnaces & Ovens.

When was Mag Mile Capital, Inc. formerly known as?

The company was formerly known as Myson, Inc., with a date of name change on August 19, 2021.

What is the state of incorporation for Mag Mile Capital, Inc.?

Mag Mile Capital, Inc. is incorporated in the state of Oklahoma (OK).

What is the business address of Mag Mile Capital, Inc.?

The business address is 3625 Cove Point Drive, Salt Lake City, UT 84109.

What is the SEC file number for this filing?

The SEC file number is 333-274354.

Filing Stats: 4,576 words · 18 min read · ~15 pages · Grade level 14.6 · Accepted 2024-06-17 12:29:24

Key Financial Figures

  • $0.005 — our common stock on June 10, 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

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 25 MANAGEMENT 27

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 29 PRINCIPAL SECURITYHOLDERS 31 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE 32

DESCRIPTION OF SECURITIES

DESCRIPTION OF SECURITIES 32 INDEMNIFICATION OF OFFICERS AND DIRECTORS 35 SHARES ELIGIBLE FOR FUTURE SALE 35 PLAN OF DISTRIBUTION 37 LEGAL MATTERS 37 EXPERTS 37 WHERE YOU CAN FIND MORE INFORMATION 38 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

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