(Press statement – Toronto, CA, January 28, 2025)
MCQ Markets is a pioneer in the cure of ultra rare and collectible luxury vehicles through the token and data authentication in the Solana block chain
Sol Global Investments Corp. (CSE: Sun) (FSE: 9sb) (“Global sun“Or”Company“), One of the first companies that are quoted in the stock market focused on institutional investments in Solana, is pleased to announce that it has entered a letter of binding intention on January 27, 2025 (The”Letter of intention“) To increase your investment in McQueen Labs Inc. (“MCQ markets“), A Delaware Corporation and MCQ Markets, an emerging leader in the alternative automotive investment space. By taking advantage of the safety and efficiency of the solar block chain, MCQ Markets is laying the foundations for the future of the future of Data authentication in the collecting car market, ensuring verified historical records and market assessments.
In accordance with the terms of the letter of intention, Sol Global will acquire (the “Investment“) 2,155,556 Ordinary Actions of MCQ (“MCQ actions”) At a price of US $ 0.54 (~ C $ 0.691) per MCQ action to increase its position of 1,851,852 MCQ shares to 4,007,408 MCQ shares. The total cost of acquiring MCQ shares will be US $ 1,164,000 (~ C $ 1,684,028) and will be satisfied by the company through the issuance of 3,125,000 Global Sol shares (“”Sol shares“) At a price of C $ 0.40 per Sol share and cash consideration of US $ 300,000.
Sun actions will be subject to negotiation restrictions, so that no more than 20% of the daily volume of Sun actions in the CSE can be negotiated by MCQ Markets. The investment is expected to close on February 4, 2025.
MCQ Markets specializes in providing fractional property opportunities for high -value collection cars through an accessible and compatible platform with the SEC. MCQ Markets intends to create a series of collectible tokens (nft) so that each asset is sold through MCQ Markets. Investors can buy shares in iconic vehicles such as Ferraris and Lamborghinis, with each vehicle linked to a unique nft, storing vital information such as vin, mileage, acquisition date and more. This safe and immutable digital major book will ensure that all records are resistant to manipulation and totally transparent. By taking advantage of blockchain technology in the Solana Network, MCQ Markets intends to guarantee authenticity, transparency and data authentication safety and unlock new opportunities for the tokenization of real world assets (RWA) and digital collectibles .
“This investment in the MCQ markets highlights the innovative potential of Blockchain de Solana technology, decomposes the barriers traditionally associated with the luxury property and the transformation of the collecting cars industry for a new generation of investors,” said Paul Kania, Interim CEO, CFO DE SOL GLOBAL INVESTMENTS CORP CORP CORP.
CEO of MCQ Markets, Curt Hopkins, shared “When associated with global sun and build in the solar block chain, we are bringing the technical skill and safety of the block chain to the automotive world, ensuring authenticity, origin and Transparency for our investors. This association will allow MCQ markets to explore new borders in real world assets and web3 and be at the forefront of the creation of the future automotive collection. “
For more information, users can contact:
Sol Global Investments Corp.
Paul Kania, Interim CEO, CFO
Tel: (212) 729-9208
Email: info@solglobal.com
Website: https://solglobal.com/
About Sol Global Investments Corp.
Global sun It is a pioneer institutional investment in the Solana ecosystem. As one of the first companies that quote on the stock market focused on the world in the world in the investment of Solana, Sol Global aims to provide an unprecedented public exhibition to the solar block chain through the acquisition of Tokens, The adherence for the generation of yield and investments in early companies that are based on Solana.
About MCQ markets
MCQ markets It is redefining the property of luxury assets causing exotic cars to be achieved through its innovative fractional property model. The platform serves passionate enthusiasts and experienced investors, democratizing luxury property and allowing more people to invest in assets that were previously out of reach. For more information, visit: https://on.mcqmarkets.com/pr. Investments contain a high degree of risk. You must carefully review the MCQ markets offered by circular before deciding to invest, whose copy is available on the Stock and Securities Commission website.
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