{"id":271527,"date":"2026-04-16T22:45:08","date_gmt":"2026-04-16T22:45:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/271527\/"},"modified":"2026-04-16T22:45:08","modified_gmt":"2026-04-16T22:45:08","slug":"fresno-firm-clears-sec-hurdle-with-capital-raise-seeking-5m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/271527\/","title":{"rendered":"Fresno firm clears SEC hurdle with capital raise seeking $5M"},"content":{"rendered":"\n<p>\t\t\t\t\t\t<img width=\"1140\" height=\"470\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/01\/MKG.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"a man's photo with text that reads sec\" decoding=\"async\" fetchpriority=\"high\"  \/>\t\t\t\t\t\t<\/p>\n<p class=\"attach_desc\">Marshawn Govan, owner of Fresno fintech company MKGEnterprises , is nearing final approvals for a capital raise with the U.S. Securities and Exchange Commission. Photo illustration by Cecilia Lopez<\/p>\n<p>Fresno-based MKG Enterprises Corp. has cleared a regulatory hurdle with its offering with the U.S. Securities and Exchange Commission and positioning the company to begin raising capital from the public.<\/p>\n<p>MKG, a Fresno-based fintech firm recently completed its Form 1-A filing following a finalized audit and legal review, a significant accomplishment after several years of challenges toward its Tier Two Regulation A+ offering.<\/p>\n<p>Mortgage Loan Officer Marshawn Govan said the company received no comments from the Securities and Exchange Commission on its submission, allowing the process to move forward without revisions.<\/p>\n<p>The milestone caps off a multi-year journey that started around 2020 and had pandemic-related disruptions and complications with a prior auditor. Their original auditor shut down due to high-profile regulatory trouble. This forced MKG to regroup and restart parts of the audit process.<\/p>\n<p>\u201cThey ended up getting shut down, and so that put us on pause \u2026 to continue to persevere and be patient and to weather out the economy,\u201d Govan said.<\/p>\n<p>With approval officially secured on March 30, MKG can now offer shares under a Tier Two Regulation A+ structure, which allows companies to raise up to $75 million annually. However, Govan is expecting a more measured rollout, initially targeting a $5 million raise.<\/p>\n<p>\u201cBut that doesn\u2019t mean if we reach $5 million, we can\u2019t go back and get to that $75 million,\u201d Govan said.<\/p>\n<p>The company is currently valued at around $11 million, with shares priced at 35 cents. Proceeds will support MKG\u2019s financial technology ecosystem, including mortgage lending platforms, real estate tools and tax software.<\/p>\n<p>\nAs part of its regulatory status, MKG will provide ongoing financial disclosures, including annual reporting and audited statements based on capital raised.<\/p>\n<p>MKG\u2019s next phase will focus on marketing the offering and building investor trust.<\/p>\n<p>\u201cIt will be the road show, the marketing will be the biggest piece,\u201d Govan said. \u201cYou have to have shareholders and investors that believe in the company.\u201d<\/p>\n<p>Long term, the company aims to list on an over-the-counter market and make its shares widely accessible through retail trading platforms.<\/p>\n<p>\u201cThe long term goal is to get listed on the OTC market and get a stock ticker,\u201d Govan said. \u201cSo anyone can buy our stocks\u2026 from a company here in Fresno.\u201d<\/p>\n<p>\t\t\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Marshawn Govan, owner of Fresno fintech company MKGEnterprises , is nearing final approvals for a capital raise with&hellip;\n","protected":false},"author":2,"featured_media":127292,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[90046,112,114,113],"class_list":["post-271527","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fresno","tag-dylan-gonzales","tag-fresno","tag-fresno-headlines","tag-fresno-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/271527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=271527"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/271527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/127292"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=271527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=271527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=271527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}