MGO Global Inc. 8-K Report: Key Insights on Corporate Changes & Stock Performance

Here are the key insights extracted from the provided financial report section:

1. Entity Information:

• Company Name: MGO Global Inc.
• CIK Number: 0001902794
• SEC File Number: 001-41592
• EIN: 87-3929852
• Address: 1515 SE 17th Street Suite 121, Fort Lauderdale, FL 33346
• Contact Number: (347) 913-3316
• Common Stock Par Value: $0.00001

2. Filing and Reporting Details:

• Filing Type: 8-K (which typically reports unscheduled material events or corporate changes)
• Filing Date: December 20, 2024

3. Financial Metrics:

• Context Date: As of December 20, 2024
• Currency: USD
• Units: The report includes measurements in both USD and shares.

4. Stock Information:

• Stock Symbol: MGOL
• Exchange: NASDAQ

5. Measurement Units:

• Financial Measures: The report utilizes multiple unit measures, including USD for monetary values and shares for equity metrics.

Insights:

• The 8-K filing suggests that MGO Global Inc. may have experienced a significant corporate event or change on December 20, 2024, which warrants disclosure to the SEC.
• The fact that the company is publicly traded on NASDAQ under the ticker MGOL may indicate investor interest and the need for transparency in operations.
• The low par value of common stock ($0.00001) suggests that the company may be in an early stage of growth or has undertaken stock splits in the past.

This information is crucial for stakeholders to assess the company's current status and recent activities as well as for potential investors to evaluate investment opportunities.