Rbel Entertainment, Inc. acquired ML Capital Group, Inc. in a reverse merger transaction.
February 01, 2022
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Rbel Entertainment, Inc. acquired ML Capital Group, Inc. (OTCPK:MLCG) in a reverse merger transaction on February 2, 2022. Pursuant to the merger, all of RBEL's outstanding shares of common stock and securities convertible into or exercisable for RBEL's common stock were converted into combined company stock, such that, the former stockholders of RBEL hold approximately 51.5% of the outstanding shares of common stock of the combined company. The combined publicly traded company has changed its name to Silverback United, Inc. ("Silverback"), and has applied to FINRA to reflect the name change, and to change its ticker symbol to "AGBK". In the interim, Silverback will continue to trade under its current ticker symbol, MLCG. The current directors and officers of Silverback will remain in place only until new management is appointed.
Rbel Entertainment, Inc. completed the acquisition of ML Capital Group, Inc. (OTCPK:MLCG) in a reverse merger transaction on February 2, 2022.
Silverback United, Inc. is engaged in unlocking and activating the inherent value of the underpriced asset of clients. Through its Darwin Information Capital Engine (DICE), the Company provides clients and portfolio companies with a data valuation and monetization lifecycle platform. Through its measure, management and monetizing process, the Company creates data-driven asset value and recurring revenue streams for clients large and small. The Companyâs subsidiaries include RBEL Entertainment, Inc. (RBEL); Darwin Data Capital, Inc. (Darwin) and Headstart AI, Inc. (Headstart). RBEL Entertainment, Inc. is engaged in creating a network of social media influencers. RBEL applies information technologies, such as blockchain, to harness the power of new classes of investors to drive data-backed capital formation. Darwin puts data assets to work in capital markets strategies and data strategies for its partners. Headstart uses data science and machine learning to help organizations recruit.