TQLB - Torque Lifestyle Brands to acquire Mcap MediaWire

2023-03-23 08:40:47 ET

• Torque Lifestyle Brands ( OTCPK:TQLB ) has executed a LOI to acquire Mcap MediaWire, a full-service press release distribution, publishing, and multimedia solutions company.
• MCAP currently serves over 200 public company clients on NASDAQ, NYSE and OTC Markets and has had consistent growth since 2010.
• MCAP is expanding its offerings for clients including offering clients AI technologies for rapid content syndication; major innovations in Investor Relations tools and services to lower costs and extend impact; and, new media website properties.
• “We are thrilled with the proposed acquisition of Mcap MediaWire and the potential it holds to innovate in this space for the next gen of PR, and for the potential growth in overall shareholder value it brings." said TQLB President and CEO Corain McGinn.

For further details see: