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

Jul 21, 2023almost 2 years ago

Amount Raised

$52.4 Million

HoustonOther

Company Information

Company

SMG Industries Inc.

Location

20475 STATE HWY 249

Houston, Texas, United States

About

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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