Music Licensing, Inc. Provides Corporate Update on PCAOB Audit Review and OTC ID Application
Music Licensing, Inc. (OTC:SONG) has provided a corporate update regarding two key developments. First, the company's PCAOB-registered audit firm is currently reviewing its semi-annual financial statements, with expected completion in late August or early September 2025.
Additionally, SONG anticipates being listed on the OTC ID Market Tier within the next week, pending final approval of its application. This uplisting is expected to enhance transparency and market visibility for shareholders.
Music Licensing, Inc. (OTC:SONG) ha fornito un aggiornamento aziendale su due sviluppi chiave. Innanzitutto, la società ha incaricato una società di revisione registrata presso la PCAOB che sta attualmente esaminando i suoi bilanci semestrali, con completamento previsto tra la fine di agosto e l'inizio di settembre 2025.
Inoltre, SONG prevede di essere quotata nel OTC ID Market Tier entro la prossima settimana, salvo l'approvazione finale della sua domanda. Questa promozione dovrebbe aumentare la trasparenza e la visibilità sul mercato per gli azionisti.
Music Licensing, Inc. (OTC:SONG) ha ofrecido una actualización corporativa sobre dos novedades clave. En primer lugar, la firma auditora registrada en la PCAOB está revisando actualmente sus estados financieros semestrales, con finalización prevista para finales de agosto o principios de septiembre de 2025.
Además, SONG anticipa ser listada en el OTC ID Market Tier dentro de la próxima semana, pendiente de la aprobación final de su solicitud. Este ascenso debería mejorar la transparencia y la visibilidad en el mercado para los accionistas.
Music Licensing, Inc. (OTC:SONG)은 두 가지 주요 소식에 관한 회사 업데이트를 발표했습니다. 우선 PCAOB에 등록된 감사법인이 현재 반기 재무제표를 검토하고 있으며, 완료 시점은 2025년 8월 말 또는 9월 초로 예상됩니다.
또한 SONG은 최종 승인 완료 시 다음 주 내에 OTC ID Market Tier에 상장될 것으로 예상하고 있습니다. 이 상향 조치는 주주들에게 투명성과 시장 가시성을 높여줄 것으로 기대됩니다.
Music Licensing, Inc. (OTC:SONG) a transmis une mise à jour d'entreprise concernant deux développements clés. Premièrement, le cabinet d'audit enregistré auprès de la PCAOB examine actuellement ses états financiers semestriels, dont l'achèvement est prévu fin août ou début septembre 2025.
De plus, SONG prévoit d'être cotée dans le OTC ID Market Tier d'ici la semaine prochaine, sous réserve de l'approbation finale de sa demande. Cette montée de catégorie devrait renforcer la transparence et la visibilité sur le marché pour les actionnaires.
Music Licensing, Inc. (OTC:SONG) hat ein Unternehmensupdate zu zwei wichtigen Entwicklungen veröffentlicht. Erstens überprüft die bei der PCAOB registrierte Abschlussprüfungsgesellschaft derzeit die halbjährlichen Finanzberichte, mit voraussichtlichem Abschluss Ende August oder Anfang September 2025.
Außerdem rechnet SONG damit, innerhalb der nächsten Woche in den OTC ID Market Tier aufgenommen zu werden, vorbehaltlich der endgültigen Genehmigung des Antrags. Dieser Schritt sollte die Transparenz und die Marktpräsenz für Aktionäre verbessern.
- Anticipated uplisting to OTC ID Market Tier within a week
- PCAOB-registered audit firm reviewing semi-annual financials
- Enhanced transparency and market visibility expected from uplisting
- None.
Naples, FL, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a publicly traded company specializing in the acquisition, management, and monetization of music royalties, today issued a corporate update regarding its ongoing financial review and uplisting progress.
The Company’s Public Company Accounting Oversight Board (PCAOB)–registered audit firm is currently in the process of reviewing Music Licensing, Inc.’s semi-annual financial statements. These statements are expected to be finalized and released later this month or in early September.
In addition, the Company is pleased to report that, pending final approval of its OTC ID application, it anticipates being listed on the OTC ID Market Tier within the next week. This milestone is expected to enhance transparency, streamline investor communications, and provide greater market visibility for shareholders.
The Company remains committed to maintaining the highest standards of financial reporting and corporate governance. The completion of the semi-annual financial review and the anticipated OTC ID Market Tier listing represent important steps in strengthening the Company’s position in the public markets and advancing its long-term growth strategy.
The Company will continue to keep shareholders informed as these developments progress.
About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)
About Music Licensing, Inc. (OTC:SONG) (ProMusicRights.com)
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.
Pro Music Rights holds an estimated
Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.
Forward-Looking Statements:
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.
Non-Legal Advice Disclosure:
This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.
Non-Investment Advice Disclosure:
This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication
Contact: investors@ProMusicRights.com
SOURCE: Music Licensing, Inc
FAQ
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