Punch TV Studios Announces $50 Million Increase for Its First Roundl of Funding

Hollywood, June 1, 2021- The revolutionary multimedia conglomerate Punch Tv set Studios and URBT (OTC:URBT), now declared it will raise $fifty Million in the first round of seed funding. By making use of President Barack Obama's Careers Act; Regulation A+, Punch Television Studios is poised to get among the initial organizations to begin boosting funds using this type of funding mechanism. The corporation ideas to supply twenty five million shares of stock at $2.00 per share straight to the general public.

A photo accompanying this launch is on the market at http://www.globenewswire.com/newsroom/prs/?pkgid=33432

"By letting the public to invest right into Punch Television set Studios, it is now doable for urban traders to be stockholders and active participants in our achievement. It really is of the utmost worth that we will be able to empower the members of your urban Local community, who before the Employment Act would not have experienced this chance," states CEO Joseph Collins.

Prospective investors should register at http://www.PunchTVStudios.com to become amid the very first to purchase Punch Tv set Studios stock, as the corporate commences to check the waters in states that are relevant. Punch TV Studios ideas to immediately start out selling its shares after the Securities Trade Fee difficulties a powerful date. The stock is currently accessible to experienced investors by making contact with Punch Television set Studios directly at [email protected].

Punch Television Studios investor, and former US Naval Academy Professor of Finance Dr. Betty Burston PhD, states that check here "Punch Tv set Studios is a type of wonderful, cutting edge begin-ups that's rising through the shadows and remodeling into a media juggernaut, a transition reminiscent of the early days of Apple, Walt Disney or Microsoft."

The $50 million cash elevate will correctly placement the corporation to the launch of its new international app "Punch TV Dwell." The Punch Television set Are living app will include things like a website number of unbiased tv networks streaming get more info Dwell 24 hours daily. Punch Tv set Dwell is scheduled for launch in the first quarter of 2016.

"In accordance with our small business design, after properly boosting $fifty million, we're projected to produce in excess of $one hundred million in once-a-year revenues, and make in excess of five hundred new jobs more than another three many years. We are established to transform the city Neighborhood into an unstoppable pressure," states CEO Joseph Collins.