- Music licensing company Pro Music Rights said it agreed to go public through a reverse merger with Nuvus Gro Corp. ( OTCPK:NUVG ). NUVG shares surged 1600%.
- Additional details will be disclosed through regulatory filings and press releases, according to a statement.
- Pro Music Right licensees include companies like TikTok, iHeart Media, Triller, Napster, 7Digita and Vevo. Pro Music Rights controls an estimated market share of 7.4% in the U.S., representing over 2.5 million works that include artists such as A Rocky, Wiz Khalifa, Pharrell, Fall Out Boy, and others.
For further details see:
Pro Music Rights agrees to go public through reverse merger with Nuvus Gro