Business
Mag Mile Capital Announces Trading of Common Shares on OTCQB under ticker MMCP
Mag Mile Capital Announces Trading of Common Shares on OTCQB under ticker MMCP.
About this update from Mag Mile Capital Inc.
[{"type":"text","content":"Chicago, Illinois, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Mag Mile Capital, Inc. (OTCQB: MMCP) (\"Mag Mile\", or the \"Company\") a boutique full-service commercial real estate mortgage banking firm, is pleased to announce that, as of January 30, 2025, the Company's common stock will be quoted and available to trade on the OTCQB® market. This regulated market is operated by OTC Markets Group Inc. and provides investors with ready access to market information about companies such as Mag Mile Capital.Mag Mile begins trading today on OTCQB under the symbol \"MMCP.\" Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.Rushi Shah, CEO of Mag Mile, stated, “Today marks an exciting milestone for the Company as our shares are now quoted on the OTCQB market, which should enable Mag Mile to build shareholder value with the goals of enhancing liquidity and achieving fair valuation. We believe that the uplisting will also help us execute our growth plans by making our shares more appealing to a broader group of investors.About Mag Mile Capital – Turning Relationships into Closings Since 1991Mag Mile Capital is a boutique full-service commercial real estate mortgage banking firm headquartered in Chicago with offices in the states of New York, Massachusetts, Connecticut, Florida, Texas, and Nevada. Mag Mile Capital is a national platform comprised of capital markets specialists with extensive experience in real estate bridge financing, mezzanine and permanent debt placement and equity arrangements throughout the full capital stack and across all major real estate asset classes. The firm offers preferred access nationwide to high-leverage, non-recourse, commercial real estate bridge loans and permanent mortgages with cash out financing for hotels, self-storage, multifamily, industrial, retail, office, and other commercial real estate property, offering access to structured debt and equity advisory solutions and placement for real estate investors, developers, and entrepreneurs, Mag Mile Capital leverages a wide variety of lending relationships and equity capital connections as a leading national real estate mortgage intermediary. Its personnel have collectively closed over $9 billion in real estate financing during their combined 32 years of experience in this indust...