Winvest Group Limited (OTC: WNLV) (“Winvest” and the “Company”), an investment holding company specifically focused on media and entertainment, production and filmmaking, as well as marketing and distribution for all projects on domestic and international streaming platforms and media channels, is pleased to announce that its Form S-1 Registration Statement relating to the public offering of new securities has been declared effective by the U.S. Securities and Exchange Commission (SEC) on July 20, 2023.
In line with its commitment to growth, Winvest is launching a Direct Public Offering (DPO) to further support its vision for the future. The DPO aims to develop Winvest in all aspects, strengthening its assets and financial performance, enhancing shareholder value and liquidity, and positioning itself for higher tiers and a potential listing on the Nasdaq Stock Market in approximately 12 months.
“We are pleased that the SEC has declared our Form S-1 effective, which represents a significant milestone in our capital plan as we continue to grow our operations globally,” said Jeffrey Wong, Chief Executive Officer (CEO) of Winvest and a Director on the Company’s Board of Directors. “This announcement opens up new opportunities for the Company and its stakeholders. As a result, a more liquid trading market in our shares could potentially develop over the coming months.”
“We have made the strategic decision to heighten Winvest’s international exposure. As part of this visionary decision, we are aggressively seeking to uplist to Nasdaq within the next 12 months or so. We are currently preparing to meet all of the regulatory obligations and requirements to do so, which makes this a very exciting time for the Company, as well as for shareholders and potential investors.”