IPO - New Generation Consumer Group, Inc.

Form Type: 253G1

Filing Date: 2025-06-24

Corporate Action: Ipo

Type: New

Accession Number: 000147793225004773

Filing Summary: New Generation Consumer Group Inc. is offering a maximum of 6,205,000,000 shares of its common stock at a price of $0.0003 per share as part of a Regulation A offering. No minimum number of shares needs to be sold for the offering to close, and the offering will commence within two days of SEC qualification. The company has made it clear that purchasers could lose their entire investment and will not be entitled to refunds. The offering includes 1,878,667,278 shares of common stock offered by Selling Shareholders, and proceeds will be used for inventory, marketing, and development. There are significant risks associated with the investment, including a lack of profitability and a history as a shell company. The company's securities are quoted under the symbol 'NGCG' in the OTC market. Investors must meet specific suitability standards to participate in the offering. Jacob DiMartino controls the company through a significant ownership of Series A-2 Preferred Stock, granting him substantial voting power.