Funding
This is an offering by MHHC Enterprises, Inc. (“MHHC” or the “Company”) of up to 100,000,000 units (the “Units”), with each Unit consisting of two shares of the Company’s Common Stock, par value $0.001 per share, and one Warrant (the “Warrant”) to purchase one share of Common Stock, at an offering price of $0.50 per unit. The Offering is exempt from registration requirements under the Securities Act of 1933 (the “Securities Act”) according to Tier 2 of Regulation A promulgated thereunder by the Securities and Exchange Commission (the “Commission” or the “SEC”). The issuance of shares of Common Stock upon any Warrant exercises in exchange for payment of the exercise price is also included in this Offering Statement.
Each warrant is immediately exercisable for one share of Common Stock at an exercise price of $0.25 per share, or 100% of the per-share price of the shares of Common Stock contained in the units sold in the offering, and will expire 18 months from the date of issuance.
The end date of the Offering will be 365 days from the date the Offering Statement, of which this Offering Circular is a part, as amended, is qualified by the SEC (unless extended by the Company, in its own discretion, for up to another 90 days).
The minimum investment for any single investor in this Offering is $500, or 1,000 units. We have engaged DealMaker Securities LLC (the “Broker”), a broker-dealer registered with the SEC and a member of the Financial Industry Regulatory Authority (“FINRA”), to perform certain administrative and compliance-related functions in connection with this Offering, but not for underwriting or placement agent services. Brokers will receive certain fees up to a maximum of 12.5% of the offering proceeds, assuming a fully subscribed Offering. Please see “Plan of Distribution” for additional information. To the extent that our officers and directors make any communications in connection with this Offering, they intend to conduct such efforts in accordance with an exemption from registration contained in Rule 3a4-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and, therefore, none of them is required to register as a broker-dealer.
We have also procured the services of SRAX, Inc. (“SRAX”), particularly its Sequire web platform, to assist us with online advertising, investor relations and related services, including as they relate to the marketing and sale of Units in this Offering. We have agreed to pay SRAX an annual fee of $240,000, which will be payable monthly in monthly amounts of $20,000, effective when the Company first receives the proceeds from this Offering.
ONBLi’s Financial Strategy & Forecast
BY 2026 IT IS OUR GOAL TO...
Gain 1.5 million Active Customers
Gain 5K Selling Partners (both sellers and vendors/manufacturers)
Add over 560,000 curated products to our marketplace
Add over 110K ONBLi Premium Memberships (Customer Memberships)
Generate over $1.17 billion in revenue, $292 million in net revenue and double our growth year-over-year (YoY) growth until 2029.
THE ASK
$75 M
YTD Capital Raise $0 (Will be updated regularly once raise begins!)
HOW WILL WE USE YOUR FUNDING?
Technology investments
Complete our prototype and launch our platform by May 2023
Polish our multiple merit-based algorithms that support FiNDiNG and MATCHiNG TECHNOLOGIES
Infrastructure Investments
Establish our HQ to attract the talent needed to support our ambitious vision
Personnel investments
We plan to invest in the most qualified group of people to work in our company including but not limited to: engineers, data scientists, marketers, HR managers, analysts, designers, and much more.
Parent Company
The core focus of MHHC Enterprises, Inc. is to develop business opportunities, relationships, and new enterprises that create revenue and growth. We do this through the sale of extended protection plans for consumer goods that protect homeowners’ assets and create value-added warranty programs for manufacturers.
MHHC’s results are achieved through expedient and proactive understanding and protection of consumers’ goods. Success will translate into more opportunities for our shareholders and other entrepreneurs while also assisting our organization in increasing charitable contributions to individuals in need of educational assistance.
OTHER BUSINESSES
MHHC Warranty and Services, Inc. is a business that provides extended service protection plans for consumer and household goods.
Warranty and Services
MHHC Reinsurance, Inc. was formed in 2018 to bring together all of our relationships with third-party capital (including traditional retrocession, and other initiatives with capital markets) under the management of one team.
MHHC ReInsurance
ONBLi, Inc. will offer a streamlined easy-to-use customer-focused app that will directly link e-commerce with the Company’s ESC warranty services.
ONBLi
Warranty Your World
Our brand new direct-to-consumer app makes protecting your world easier than ever!