MRNO
Murano Global Investments PLC
stock NASDAQ

F@ck! Thanks for noticing it. Such a sad news, it is one of my favourite companies. Reasons why MRNO is failing: 1) the mexican peso significantly depreciated against the U.S. dollar. 2) debt is in the U.S. dollars. 3) significant SPAC fees. 4) can't finish its Grand Island Cancun Complex hotel because of the lack of funding.

Concerning MRNO / MRNOW, and surprised with some increased volume and price this week.
Their recent filing on 4/30 of notice for late annual report submission mentioned :
Based upon currently available information, the Company expects to report one or more material weaknesses in its internal controls and expects its internal control over financial reporting and, as a result, its disclosure controls and procedures will be ineffective as of December 31, 2024. Furthermore, management anticipates that it will be disclosing in the Annual Report that as a result of the Company’s liquidity condition, substantial doubt exists over the Company’s ability to continue as a going concern for at least twelve months from the expected issuance date of the Annual Report.

F@ck! Thanks for noticing it. Such a sad news, it is one of my favourite companies. Reasons why MRNO is failing: 1) the mexican peso significantly depreciated against the U.S. dollar. 2) debt is in the U.S. dollars. 3) significant SPAC fees. 4) can't finish its Grand Island Cancun Complex hotel because of the lack of funding.

Concerning MRNO / MRNOW, and surprised with some increased volume and price this week.
Their recent filing on 4/30 of notice for late annual report submission mentioned :
Based upon currently available information, the Company expects to report one or more material weaknesses in its internal controls and expects its internal control over financial reporting and, as a result, its disclosure controls and procedures will be ineffective as of December 31, 2024. Furthermore, management anticipates that it will be disclosing in the Annual Report that as a result of the Company’s liquidity condition, substantial doubt exists over the Company’s ability to continue as a going concern for at least twelve months from the expected issuance date of the Annual Report.