Business
MiniLuxe Announces Planned Share Issuance for a New Studio Location Acquisition in the DFW (Dallas Fort Worth) Region
Boston, MA, Aug. 11, 2025 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) (“Mi...
About this update from Miniluxe Holding Corp.
[{"type":"text","content":"MiniLuxe Announces Planned Share Issuance for a New Studio Location Acquisition in the DFW (Dallas Fort Worth) RegionCompany continues its strategy of seeking M+A conversion opportunities, prioritizing regions where it holds a presence\n\n\n\n Boston, MA, Aug. 11, 2025 (GLOBE NEWSWIRE) --\n \n MiniLuxe Holding Corp.\n \n (TSXV: MNLX) (“MiniLuxe” or the “Company”) today announced a planned issuance of 437,500 subordinate voting shares of the Company at a price of USD $0.40 per share, in connection with the formation of a limited liability company established to acquire a new studio location in the Dallas–Fort Worth market.\n \n\n The acquisition—of an existing salon business which MiniLuxe will convert to its own brand—does not represent a material transaction in terms of cash value or size. This announcement is being made to communicate the issuance of 437,500 new shares from treasury, representing well under 1% of the Company’s fully diluted share ownership.\n \n\n This planned transaction is with a non-related party and is subject to approval by the TSX Venture Exchange.\n \n\n About MiniLuxe\n \n\n\n\n MiniLuxe\n \n\n , a Delaware corporation based in Boston, Massachusetts. MiniLuxe is a lifestyle brand and talent empowerment platform servicing the beauty and self-care industry. The Company focuses on delivering high-quality nail care and esthetic services and offers a suite of trusted proprietary products that are used in the Company’s owned-and-operated studio services. For over a decade, MiniLuxe has been elevating industry standards through healthier, ultra-hygienic services, a modern design esthetic, socially responsible labor practices, and better-for-you, cleaner products. MiniLuxe’s aims to radically transform a highly fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform that collectively enable better talent and client experiences.\n \n\n In addition to creating long-term durable economic returns for stakeholders, MiniLuxe is expanding its reach through\n \n\n franchising\n \n\n and\n \n\n acquisition of existing nail salons\n \n\n , offering entrepreneurs the opportunity to partner with a brand recognized as the\n \n\n best nail salon franchise\n \n\n . MiniLuxe seeks to empower one ...