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Smg Industries announced it raised $52.4 Million in an initial filing from an offering of $62.4 Million

Smg Industries announced it raised $52.4 Million in an initial filing from an offering of $62.4 Million

07/21/23, 11:36 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svghouston
Money raised
$52.4 million
Industry
other

Company Info

Company
SMG Industries Inc.
Location
20475 state hwy 249
houston, texas, united states
Additional Info
SMG Industries (OTCQB: SMGI) is a growth-oriented transportation services company focused on the domestic infrastructure logistics market. Through the Company’s wholly-owned subsidiaries 5J Trucking LLC, 5J Specialized LLC, 5J Oilfield Services LLC and 5J Brokerage LLC, (together known as “the 5J Transportation Group”) offers heavy haul, super heavy haul, hot shot and drilling rig mobilization services. 5J’s dimensional permitted jobs can support up to 500-thousand-pound loads which include cargo associated with wind energy, power generation components, bridge beams, compressors, and refinery and construction equipment. SMG Industries, Inc. headquartered in Houston, Texas has facilities in Floresville, Henderson, Odessa, Palestine, and Victoria Texas.
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RaisedGrowth

The data in the raised column shows reported funding for this location/industry over last 90 days.

The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days.

Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.

other
$2.8 B33.8%