Pride Holdings Group (OTC: PHSE) announced on September 29, 2026, the formation of a new Advisory Board and the appointment of Richard Hawkins, George Wallace, and Darren Donnelly as its first members. The move is part of the company’s effort to build the corporate infrastructure needed for its next phase of growth, as it expands its operating portfolio, evaluates additional acquisitions, and works toward a potential uplisting to the New York Stock Exchange or NASDAQ.
The Advisory Board will provide strategic guidance to company leadership on acquisitions, corporate governance, operational growth, and capital markets strategy. The appointments bring a mix of expertise: Richard Hawkins has over two decades of experience in public company leadership, corporate finance, mergers and acquisitions, and strategic growth, and serves as managing partner of a multi-strategy investment fund. George Wallace, a member of the Orlando LGBTQ+ community, adds a community-focused perspective, reinforcing the company’s connection to the communities it serves. Darren Donnelly, MBA, previously managed Trevi Lounge in Connecticut and now works with Pride Holdings Group, offering direct operational experience in hospitality and nightlife.
“Establishing our Advisory Board is another important step in building the corporate infrastructure for the future of Pride Holdings Group,” said Tim Majors, CEO. “Richard, George and Darren each bring a different perspective to the table – from corporate strategy and community engagement to direct operational experience. That diversity of experience will be valuable as we continue evaluating acquisitions, strengthening our governance and positioning the Company for its next stage of growth.”
The company expects the Advisory Board to play an active role in reviewing acquisition opportunities, assessing strategic fit, operational integration, potential financial contribution, and long-term shareholder value. It will also advise management on the steps necessary to pursue a future NYSE/NASDAQ uplisting, though any such move would depend on meeting applicable listing standards and regulatory requirements, with no assurance of timing. Pride Holdings Group plans to add more members in 2027 as it continues to expand. The formation of the Advisory Board underscores the company’s focus on governance and accountability as it scales its LGBTQ+ hospitality, nightlife, entertainment, and real estate portfolio, a signal to investors and the community that it is preparing for larger-scale operations and potential public market advancement.
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