ADDED
The value of the Class A Common Shares on June 30, 2025, was $ 22,178,831 , the last business day of the registrant s most recently completed second fiscal quarter.
These above factors should not be construed as exhaustive and should be read with the other cautionary statements in this annual report.
One of the companies in our group, Public Ventures, LLC ( Public Ventures ), which operates under the D/B/A of MDB Capital, operates as a growth catalyst, focusing on community-driven micro and small-cap financings and is a self-clearing broker dealer.
At the pinnacle of the pipeline, as of the date of filing this Annual Report on Form 10-K, two Big Idea Companies are currently in active negotiations, marking the final step before potential partnership or investment.
We believe, most importantly, that one gauge of the partner company success is that the partner company will successfully foster community, where community members who seek to create value at the companies, in connection with our self-clearing broker-dealer, Public Ventures.
MDB was one of the founders of the company, provided an initial funding of $5 million and a subsequent funding of $0.75 million and provided executive management and several board members.
A traditional perceived shortcoming of the public markets is that they attract investors focused on the short-term markets.
We used a portion of our capital to identify and find partner companies.
MDB Shareholders Under the MDB model, MDB shareholders can buy or sell their shares in the holding company in the open market at any time.
The Company s Broker-Dealer subsidiary is excluded from the Investment Company Act of 1940, and therefore all securities held by the Broker-Dealer are excluded from the asset calculation.
REMOVED
The value of the Class A Common Shares on June 28, 2024, was $ 32,131,327 , the last business day of the registrant s most recently completed second fiscal quarter.
We also call attention to the changes in the financial statements as a result of the deconsolidation of eXoZymes Inc, (formerly Invizyne Technologies Inc.) due to the sale of common stock in an initial public offering consummated on November 14, 2024, which diluted the holdings of MDB Capital Holdings, LLC to a minority ownership of approximately 47% from a majority ownership of approximately 60%.
One of the companies in our group, Public Ventures, LLC ( Public Ventures ), which operates under the D/B/A of MDB Capital, operates as a growth catalyst, focusing on community-driven micro and small-cap financings.
At the pinnacle of the pipeline, as of the date of this report, two Big Idea Companies are currently in active negotiations, marking the final step before potential partnership or investment.
We believe, most importantly, that one gauge of the partner company success is that the partner company will successfully foster community in connection with our broker-dealer, Public Ventures.
In that regard, we intend to follow a Member-focused model (further discussed below) for conducting Public Ventures-led company financings.
MDB was one of the founders of the company, provided an initial funding of $5,000,000 a subsequent funding of $758,000 and provided executive management and several board members.
A traditional perceived shortcoming of the public markets is that they attract short-sighted investors.
7 Our Partner Company Criteria We seek companies that we believe meet certain criteria.
Our criteria focuses first on the probability that an early-stage technology company ultimately can sustain its value in the public markets.