Management to Host Zoom Webinar Today at 4:30 p.m. ET
Addison, Texas, April 17, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) ("MDB"), a public venture platform focused on launching category-leading deep technology companies, reported results for its fourth quarter and full year ended December 31, 2023, on form 10-K filed with the Securities and Exchange Commission, and will highlight recent corporate progress on today's call with management.
"On the heels of completing our IPO on the NASDAQ in the third quarter of 2023, we've been working diligently to advance our self-clearing broker dealer capabilities to support our investor community, increasing the number of deep technology ideas we review and ultimately finance, as well as ramp up the number of clients engaged with our integrated IP solution platform, PatentVest, which is critical in assisting the companies we back to become leaders in their technology category," said Christopher Marlett, CEO and Co-Founder of MDB. "I look forward to providing an update on today's webinar to help shareholders understand how to measure our performance as we begin to transform more 'Big Ideas' into valuable public companies and in turn, demonstrate why we believe public venture outperforms traditional venture-stage investing."
Fourth Quarter 2023 and Subsequent Operational Highlights
Launched PV Trade, our dedicated trading platform for public venture equities: PV Trade enables seamless online trading via mobile device or desktop applications and is coupled with a professional trading team dedicated to providing value and liquidity through constant attention to orders for early-stage public companies.
Bolstered brokerage offering with addition of self-directed IRA capabilities and competitive money-market option: Following final regulatory approval for Public Ventures to act as a self-clearing broker-dealer, the company enhanced its brokerage services with the addition of an Invesco Money Market fund option and a self-directed IRA platform through Strata Trust, which enables private, public, and alternative investments. The additions are all part of the company's mission to provide an exclusive clearing and trading platform to make it easier to invest in public venture.
Secured additional non-dilutive funding and filed S-1 for IPO of "Big Idea" partner company: At the beginning of the quarter, Invizyne Technologies Inc. ("Invizyne"), a leading designer of enzyme-based biomanufacturing systems – and a subsidiary of MDB – was awarded $3.77 million in additional funding from the Bioenergy Technologies Office (BETO) within the U.S. Department of Energy's (DOE's) Office of Energy Efficiency and Renewable Energy (EERE) and $250,000 to participate in the latest Shell Gamechanger Accelerator Powered by NREL (GCxN) program. In February 2024, Invizyne filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for the sale of its common stock in a firm commitment public offering. The company anticipates the IPO will occur in late Q2 to early Q3, with timing subject to SEC review process. In allocating the shares to be sold in IPO, the company intends to give preference to holders of MDB Class A Shares.
Fourth Quarter and Fiscal 2023 Results Zoom Webinar at 4:30 p.m. ET Today
Christopher Marlett, CEO and Co-Founder of MDB will lead the webinar and will be joined by other members of the management team to review recent developments, ongoing initiatives, anticipated 2024 milestones, as well as host a question-and-answer period.
管理層將於美國東部時間今天下午 4:30 主持 Zoom 網絡研討會
得克薩斯州艾迪生,2024年4月17日(GLOBE NEWSWIRE)——專注於推出類別領先的深度科技公司的上市風險平台MDB Capital Holdings, LLC(納斯達克股票代碼:MDB)(“MDB”)在向美國證券交易委員會提交的10-K表格中公佈了截至2023年12月31日的第四季度和全年業績,並將在今天與管理層的電話會議上重點介紹最近的公司進展。
克里斯托弗·馬利特說:“在2023年第三季度完成在納斯達克的首次公開募股之後,我們一直在努力提高我們的自助清算經紀交易商能力,以支持我們的投資者社區,增加我們審查並最終融資的深度技術創意的數量,並增加參與我們的綜合知識產權解決方案平台PatentVest的客戶數量,這對於幫助我們回歸的公司成爲其技術領域的領導者至關重要。” MDB 首席執行官兼聯合創始人。“我期待着提供今天的網絡研討會的最新情況,以幫助股東了解在我們開始將更多'大創意'轉變爲有價值的上市公司時如何衡量我們的業績,進而證明爲什麼我們認爲上市企業的表現優於傳統的風險投資。”
2023 年第四季度及隨後的運營亮點
推出了PV Trade,這是我們的公募股權專用交易平台:PV Trade通過移動設備或桌面應用程序實現了無縫的在線交易,並擁有一支專業的交易團隊,致力於通過持續關注早期上市公司的訂單來提供價值和流動性。
通過增加自管IRA能力和有競爭力的貨幣市場期權來加強經紀業務:在監管部門最終批准Public Ventures充當自助清算經紀交易商之後,該公司通過Strata Trust增加了景順貨幣市場基金期權和自管IRA平台,從而加強了經紀服務,該平台支持私人、公共投資和另類投資。這些新增都是該公司使命的一部分,即提供獨家清算和交易平台,以簡化對公共企業的投資。
獲得了額外的非稀釋資金並以S-1的形式申請 “Big Idea” 合作伙伴公司的首次公開募股:在本季度初,酶基生物製造系統的領先設計師——MDB的子公司——Invizyne Technologies Inc.(“Invizyne”)獲得了美國能源部(DOE)能源辦公室生物能源技術辦公室(BETO)的377萬美元額外資金效率與可再生能源(EERE)和25萬美元將參與最新的殼牌Gamechanger Accelerator by NREL(GcxN)計劃。2024年2月,Invizyne在S-1表格上向美國證券交易委員會提交了一份註冊聲明,要求通過堅定承諾公開發行出售其普通股。該公司預計,首次公開募股將在第二季度末至第三季度初進行,時間視美國證券交易委員會的審查程序而定。在分配擬在首次公開募股中出售的股票時,該公司打算優先考慮MDB A類股票的持有人。
第四季度和2023財年業績Zoom網絡研討會將於今天美國東部時間下午 4:30 舉行
MDB首席執行官兼聯合創始人克里斯托弗·馬萊特將主持本次網絡研討會,管理團隊的其他成員將與他們一起回顧近期的發展、正在進行的舉措、2024年的預期里程碑,並主持問答期。