Lawyer Monthly Magazine - May 2019 Edition

MAY 2019 93 Transactions www. lawyer-monthly .com This announcement appears as a matter of record only One Horizon Group to Acquire Majority Interest in Maham Studios Has acted as legal adviser to: One Horizon Group to Acquire Majority Interest in Maham Studios One Horizon Group, Inc. (NASDAQ: OHGI) announced that it has entered into an Exchange Agreement with the members of MAHAM LLC, an innovative, technology-driven yoga studio concept (see http:// mahamstudio.com/) , to acquire a majority interest (51%) in MAHAM. The transaction is subject to approval by the majority of the shareholders of One Horizon. MAHAM yoga offers 60-minute, high-intensity yoga ‘flow’ classes set to upbeat hip-hop and pop music ranging from Biggie Smalls to Justin Bieber. Classes take place in a world-class, infrared and heated facility in the heart of Miami Beach. Featuring a one-of-a-kind video wall, MAHAM implements 3D mapping and visual effects transporting its members from Bali to the Swiss Alps. Attracting top celebrities who make MAHAM a must-stop when passing through Miami, not to mention the many celebrities who live in Miami and frequent the studio along with a trend-setting, wellness-minded crowd, MAHAM is transforming the yoga industry. MAHAM is run by Skylar Hauswirth, the concierge to high- profile celebrities and ultra-high net-worth individuals, who is one of the founders of the highly successful Model Volleyball tournament that has taken over Miami Beach for the past ten years. NEXT MONTH WE TAKE A LOOK AT MORE: MERGERS AND ACQUISITIONS