• Boustead Securities

Boustead Client Clubhouse Media Group (OTC: CMGR) to Conduct $30 Million Public Offering



Irvine, CA, July 14, 2021 -- Boustead Securities, LLC client Clubhouse Media Group (OTC: CMGR) (“Clubhouse”, or the “Company”), is conducting a Best Efforts $30m Offering of its Common Stock at $4 per share pursuant to Regulation A+ of the Securities Act of 1933.

Clubhouse operates a global network of professionally-run content houses, each of which has its own brand, influencer cohort, and production capabilities. The Company offers management, production and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space. The Clubhouse management team consists of successful entrepreneurs with financial, legal, marketing, and digital content creation expertise.


Clubhouse Media Group

  • There are numerous “Clubhouse” accounts owned by The Company and its affiliated creators, with a combined following of over 400 million followers as of July 10, 2021 across Instagram, TikTok, Snapchat, YouTube, and Twitter.

  • Clubhouse currently generates revenue primarily from talent management of social media influencers residing in its Clubhouses and from paid promotion by companies looking to utilize such social media influencers to promote their products or services.

  • In addition to the in-house brand deals, Clubhouse generates income by providing talent management and brand partnership deals to external influencers not residing in its Clubhouses.

  • Through Digital Influence Inc. (doing business as Magiclytics), a 100% wholly owned subsidiary of West of Hudson Group, Inc. (WOHG) the Company currently generates revenues primarily by providing predictive analytics for content creation brand deals.


 

Flagship Content House, Clubhouse Beverly Hills, is a fully-equipped creative space occupied by a handpicked group of content creators, enabling the highest level of content creation.




 

Clubhouse Media Group, Inc. is offering securities through an Offering Circular that has been qualified by the Securities and Exchange Commission under the Securities Act of 1933. A copy of the Final Offering Circular as well as any supplements may be obtained both here and through this offering's "Fundraising" page. The offering page and accompanying offering materials may contain forward-looking statements and information relating to the company, its business plan and strategy, and its industry. These statements reflect management's current views with respect to future events based on information currently available and are subject to risk factors that could cause actual results to differ materially. Investors are cautioned to not rely on these forward-looking statements as they do not represent guarantees of future results or performance, which cannot be made. No person or entity assumes responsibility for the accuracy and completeness of forward-looking statements, and is under no duty to update any such statements to conform them to actual results. This investment involves significant risks, particularly with respect to economic risks specific to the company’s business. Do not invest before you read the entire Offering Circular and pay particular attention to the “Risk Factors” section of the Offering Circular. Seek independent professional advice before investing from your legal or financial advisors.



About Clubhouse Media Group

Clubhouse Media Group represents the future of influencer media and marketing, with a global network of professionally run content houses, each of which has its own brand, influencer cohort and production capabilities. The Clubhouse offers management, production and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space. The Clubhouse management team consists of successful entrepreneurs with financial, legal, marketing and digital content creation expertise.



About Boustead Securities, LLC

Boustead Securities, LLC is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority-owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information visit please visit: www.boustead1828.com


Contact: Dan McClory, Head of Equity Capital Markets

Boustead Securities, LLC

dan@boustead1828.com


About Sutter Securities Group, Inc.

Headquartered in Irvine, California, Sutter Securities Group, Inc. (“SSG”), founded in 2013, through its affiliates, is an innovator and investment banking solutions provider. SSG owns and operates Sutter Securities Clearing, LLC, and Sutter Securities, Inc, FINRA member broker-dealers; Sutter Shareholder Services, LLC, a SEC-registered transfer agent; FlashFunders Funding Portal, LLC, a FINRA member funding portal; and Sutter Capital Management, Inc. SSG, through its affiliates, operates a U.S.-based online securities platform whose underlying technology and regulatory infrastructure are designed to enable issuers to engage in Regulation D, Regulation A (known as Reg A+), Regulation S, Regulation CF and fully registered S-1 and F-1 Initial Public Offerings in compliance with applicable federal, state and non-U.S. securities laws. SSG is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. Additional information is available at www.flashfunders.com.


Forward-Looking Statements

This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.





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