Options Media Group Holdings, Inc. successfully raised $2.4 million to enhance its mobile marketing capabilities and improve its financial standing.
Target Information
Options Media Group Holdings, Inc. (OTC.BB:OPMG) is a prominent provider of email services, specializing in permission-based email marketing, SMS/text messaging marketing, and mobile marketing solutions. Recently, the company announced successfully raising $2.4 million in equity, which significantly enhances its financial standing. This capital infusion has enabled Options Media to eliminate nearly all of its debt, which has considerably strengthened its balance sheet.
The newly acquired funds will primarily support Options Media’s recent acquisition related to Bluetooth advertising technology and mass SMS text messaging capabilities, facilitating advanced interactive SMS applications. This strategic move aligns with their goal of becoming a leading player in the rapidly evolving mobile marketing sector.
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Industry Overview
The mobile marketing industry is experiencing robust growth globally, and the United States is at the forefront of this technological advancement. With the increasing prevalence of smartphones and mobile internet access, businesses are
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Options Media Group Holdings, Inc.
invested in
H2O PM, Inc.
in 2010
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $2,400M
Equity Value: $2,400M