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GivBux to Be Featured on VERB’s ‘Go Fund Yourself’ TV Show on Cheddar TV

NEWPORT BEACH, Calif., April 10, 2025 (GLOBE NEWSWIRE) —

GivBux, Inc.

(OTC: GBUX) (“GivBux” or the Company”), a publicly traded Super App and charitable giving platform, announced today that it will be featured on an upcoming episode of VERB’s “Go Fund Yourself” TV Show on Cheddar TV. The episode is scheduled to air on Thursday, April 10, 2025, at 7 PM ET.

“Go Fund Yourself” is a groundbreaking interactive television series that combines entrepreneurial pitches with real-time audience participation utilizing Verb Technology Company, Inc.’s interactive video technology and know-how [NASDAQ: VERB]. Entrepreneurs present their business ideas to a panel of industry experts, known as “Titans,” and viewers have the opportunity to invest in these companies during the broadcast. The show aims to democratize startup funding by allowing everyday investors to support innovative ventures.

“We are thrilled to showcase GivBux on ‘Go Fund Yourself’ and share our vision of a platform that seamlessly combines consumer rewards with charitable contributions,” said Umesh Tim Singh, President of GivBux, Inc. “This opportunity allows us to reach a broader audience and invite them to join us in transforming everyday purchases into acts of generosity.”

GivBux offers users the ability to shop from national retailers while earning cash back and supporting charitable organizations. The platform enables seamless and secure transactions with a focus on community impact.

Viewers can tune in to Cheddar TV on April 10 at 7 PM ET to watch GivBux’s presentation and participate in the live crowdfunding opportunity. Cheddar TV is available across cable, satellite, and OTT platforms, reaching more than 40 million homes.

About GivBux, Inc.

The GivBux Super App revolutionizes shopping by offering a user-friendly tool to make purchases swiftly and efficiently at over 100 national retailers and an expanding roster of local merchants. Users earn cash back on every purchase, a portion of which can be directed towards a charity of their choice, embodying GivBux Inc.’s commitment to “give back.”

The GivBux Super App is free to use and available now on the Google Play Store (Android) and the Apple App Store (IOS). The GivBux Super App constantly evolves and adds new enhancements and functionalities, including social networking, e-commerce, banking, messaging, food delivery, and transportation.

GivBux is forging a new path in e-commerce and charitable giving and aspires to build the largest community of givers, first in the United States and eventually worldwide. For more details and regular updates, visit https://givbux.com.

About Cheddar

Cheddar is a premier digital-first news and entertainment network delivering real-time updates, thought-provoking discussions, and high-quality content. Known for engaging a millennial and Gen Z audience, Cheddar broadcasts on cable, OTT platforms, and social channels, offering unmatched distribution opportunities.

About ‘

Go Fund Yourself’

TV Show

Go Fund Yourself combines entertainment and investment access. Viewers are invited to invest in the companies they see on-screen by scanning QR codes or clicking live links — making the show both a platform and a pipeline for regulatory approved capital access through registered crowd-funding campaigns.

As the startup ecosystem continues to evolve, shows like Go Fund Yourself represent a shift in how companies get funded, how stories are told, and how communities engage in early-stage innovation. To apply to be featured on The ‘Go Fund Yourself’ TV Show,click here.

About VERB

Verb Technology Company, Inc. (NASDAQ: VERB), is the innovative force behind interactive video-based social commerce. The Company operates three business units, each of which leverages its social commerce technology and video marketing expertise. The Company’s MARKET.live platform is a multi-vendor, livestream social shopping destination at the forefront of the convergence of e-commerce and entertainment, where brands, retailers, creators, and influencers engage their customers, clients, fans, and followers across multiple social media channels simultaneously. GO FUND YOURSELF!, is a revolutionary interactive social crowd funding platform for public and private companies seeking broad-based exposure across social media channels for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons. VANITYPrescribed.com and GoodGirlRx.com are telehealth portals, intended to redefine telehealth by offering a seamless, digital-first experience that empowers individuals to take control of their healthcare needs. They were designed and developed to disrupt the traditional healthcare model by providing tailored healthcare solutions at affordable, fixed prices — without hidden fees, membership costs, or inflated pharmaceutical markups. GoodGirlRx.com, a partnership with Savannah Chrisley, a well-known lifestyle personality and advocate for health and wellness, offers customers access to convenient, no-hassle telehealth services and pharmaceuticals, including the new weight-loss drugs, with fixed pricing regardless of dosage, breaking away from the industry’s traditional model of excessive pricing and pharmaceutical gatekeeping.

The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in Los Alamitos, California.

This press release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by GivBux, Inc. in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. The Company intends that all statements included herein, including those referring to future revenues and earnings, be subject to the “Safe Harbors” provision of the Private Securities Litigation Reform Act of 1995.

Contact:

Umesh Singh, President
Email: [email protected]
www.GivBux.com
Instagram: https://www.instagram.com/givbux/
X (formerly Twitter): https://twitter.com/givbux



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NORTH AMERICAN MANUFACTURERS REPORT SHARP PULLBACK DUE TO TARIFFS, WHILE ASIAN SUPPLIERS RUN AT FULL TILT: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

PR Newswire

  • In March, global supply chains spare capacity increased to highest level since May 2020, the height of the COVID-19 pandemic, indicating rapidly worsening conditions for global manufacturers
  • Factories in the U.S., Mexico and Canada retrenched sharply in March due to tariffs, with purchasing activity down the most in Canada
  • UK supplier activity contracting at a rate that has only ever been surpassed twice previously in the last 25 years, signaling considerable manufacturing weakness


CLARK, N.J.
, April 10, 2025 /PRNewswire/ — GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses — decreased for a third successive month in March to -0.51 and posted its lowest value in almost five years, indicating the highest degree of spare capacity across global supply chains since the height of the COVID-19 pandemic in 2020.

A key finding from GEP’s latest data was a sharp decline in the number of companies building buffers into their stocks. Overall, manufacturers’ stockpiling was the lowest in nine years, highlighting caution among procurement leaders worldwide about future demand.

“March’s sharp decline in supplier activity was due to the stifling effect of tariffs and tariff-related uncertainty, which had its strongest impact in North America, where manufacturers reported cutbacks to purchasing activity and inventories,” said John Piatek, vice president, consulting GEP. “Until just last week, most companies had taken a wait-and-see approach. Now, organizations are aggressively exploring every possible way to eliminate costs, push suppliers to absorb tariffs, and de-risk their global supply chains.”

In the U.K., supplier spare capacity rose for the fourth month in succession to a level that has only been surpassed during either the COVID-19 pandemic or global financial crisis period. U.K. factories aggressively destocked and reduced spending during March, suggesting the country’s industrial sector is bracing for a downturn.

Our data showed significant slack across European supply chains in March, although in contrast to the U.K., there were budding signs of recovery for the continent’s industrial sector as demand for raw materials, commodities and components were down by the softest margin in almost three years.

Meanwhile in Asia, supply chains are broadly running at full capacity. In March, there was even a slight uptick in regional procurement activity, driven by China and India.

Interpreting the data:

Index > 50 means growth. The further above 50, the faster the growth

Index < 50 means decreasing. The further below 50, the larger the contraction.


MARCH 2025 KEY FINDINGS

  • DEMAND: Our indicator, which tracks global demand for raw materials, components and commodities, was broadly unchanged during the month and therefore remained close to its long-term average, signaling global purchasing activity was near its historical trend. There remains considerable geographical differences, however, with a worsening of factory input demand in North America contrasting with some pick-up in Europe and Asia.

  • INVENTORIES: Reports of safety stockpiling from manufacturers across the globe decreased in March to their lowest since July 2016 as procurement managers show a strong reluctance to add to their inventories. The data continues to point to the adoption of a “wait-and-see” mentality among buyers as uncertainty regarding worldwide trade conditions remains rife.

  • MATERIAL SHORTAGES: Our global item shortages indicator, which tracks the availability of critical commodities, common inputs and components, remains below its long-term average, signaling robust global material supply levels. This metric implies that vendors have stock to meet orders from their customers.

  • LABOR SHORTAGES: Reports of labor shortages remained contained. Companies are not struggling to process workloads due to staff capacity constraints, according to our backlogs tracker.

  • TRANSPORTATION: Global transportation costs fell to their lowest in the year-to-date. Overall, they were close to their long-term average level in March.

REGIONAL SUPPLY CHAIN VOLATILITY


  • NORTH AMERICA:
    Index at -0.63, down severely from -0.18, signaling a sharp rise in spare capacity across North American supply chains. U.S., Canadian and Mexican manufacturers retrenched in March.


  • EUROPE:
    Index ticks up to -0.63, from -0.72, pointing to a still-high level of underutilization across European supply chains. Tentative signs of recovery emerge, however, as weakness in input demand recedes.

  • U.K.:
    Index slumps to -1.23, a near five-year low, from -0.85, with U.K. procurement managers significantly reducing buying and inventories as the country’s economy shows signs of slowing.


  • ASIA:
    Index at -0.12, down from 0.00 in February. Overall, Asian supply chains are broadly operating at full capacity.

For more information, visit www.gep.com/volatility.
Note: Full historical data dating back to January 2005 is available for subscription. Please contact [email protected].
The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m. ET, May. 13, 2025.

About the GEP Global Supply Chain Volatility Index
The GEP Global Supply Chain Volatility Index is produced by S&P Global and GEP. It is derived from S&P Global’s PMI® surveys, sent to companies in over 40 countries, totaling around 27,000 companies. The headline figure is a weighted sum of six sub-indices derived from PMI data, PMI Comments Trackers and PMI Commodity Price & Supply Indicators compiled by S&P Global.

  • A value above 0 indicates that supply chain capacity is being stretched and supply chain volatility is increasing. The further above 0, the greater the extent to which capacity is being stretched.
  • A value below 0 indicates that supply chain capacity is being underutilized, reducing supply chain volatility. The further below 0, the greater the extent to which capacity is being underutilized.

A Supply Chain Volatility Index is also published at a regional level for Europe, Asia, North America and the U.K. For more information about the methodology, click here.

About GEP
GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 1,000 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals. A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters. GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit www.gep.com.

About S&P Global
S&P Global (NYSE: SPGI) S&P Global provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world. We are widely sought after by many of the world’s leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world’s leading organizations plan for tomorrow, today.

Disclaimer
The intellectual property rights to the data provided herein are owned by or licensed to S&P Global and/or its affiliates. Any unauthorised use, including but not limited to copying, distributing, transmitting or otherwise of any data appearing is not permitted without S&P Global’s prior consent. S&P Global shall not have any liability, duty or obligation for or relating to the content or information (“Data”) contained herein, any errors, inaccuracies, omissions or delays in the Data, or for any actions taken in reliance thereon. In no event shall S&P Global be liable for any special, incidental, or consequential damages, arising out of the use of the Data. Purchasing Managers’ Index™ and PMI® are either trade marks or registered trade marks of S&P Global Inc or licensed to S&P Global Inc and/or its affiliates.

This Content was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global. Reproduction of any information, data or material, including ratings (“Content”) in any form is prohibited except with the prior written permission of the relevant party. Such party, its affiliates and suppliers (“Content Providers”) do not guarantee the accuracy, adequacy, completeness, timeliness or availability of any Content and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such Content. In no event shall Content Providers be liable for any damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with any use of the Content.

Media Contacts

Derek Creevey

Joe Hayes

S&P Global Market Intelligence

Director, Public Relations

Principal Economist

Corporate Communications

GEP

S&P Global Market Intelligence

Email: [email protected]

Phone: +1 646-276-4579

Phone: +44-1344-328-099

Email:
[email protected]

Email:
[email protected]

 

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SOURCE GEP

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Cuprina Holdings (Cayman) Limited Announces Pricing of $12 million Initial Public Offering

SINGAPORE, April 10, 2025 (GLOBE NEWSWIRE) — Cuprina Holdings (Cayman) Limited (“CUPR” or “the Company”), a biomedical and biotechnology company dedicated to the development and commercialization of products for the management of chronic wounds as well as cosmeceuticals for the health and beauty sector, today announced the pricing of its firm commitment initial public offering of an aggregate 3,000,000 shares of its Class A Ordinary Shares (“the Offering”), all of which are being offered by CUPR at a public offering price of $4.00 per share (“the Offering Price”).

The Company has granted the underwriter a 45-day option to purchase up to an additional 450,000 shares of its Class A Ordinary Shares at the Offering Price, representing 15% of the Class A Ordinary Shares sold in the Offering (“the Over-allotment”).

Assuming that the Over-allotment is exercised, the Company is expected to receive gross proceeds amounting to $13.80 million, before deducting underwriting discounts and commissions and estimated offering expenses.

The shares are expected to begin trading on the NASDAQ Stock Market LLC under the ticker symbol “CUPR” on April 10, 2025. The Offering is expected to close on April 11, 2025, subject to the satisfaction of customary closing conditions.

R. F. Lafferty & Co., Inc. (“R. F. Lafferty”), acted as the sole book-running manager for the Offering. Loeb & Loeb LLP, Lee & Lee, Harney Westwood & Riegels Singapore LLP are acting as U.S., Singapore and Cayman Islands legal counsels to the Company, respectively, and Winston & Strawn LLP is acting as U.S. legal counsel to R. F. Lafferty for the Offering. 

The Offering is being conducted pursuant to the Company’s Registration Statement on Form F-1 (File No: 333-283643) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 31, 2025. The Offering is being made only by means of a prospectus. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. Copies of the final prospectus related to the Offering may be obtained, when available, from R. F. Lafferty & Co., Inc., 40 Wall Street, 27th Floor, New York, NY 10005; (212) 293-9090, or by email at [email protected]. In addition, a copy of the final prospectus, when available, relating to the Offering may be obtained via the SEC’s website at www.sec.gov.  

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Cuprina Holdings (Cayman) Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

About Cuprina Holdings (Cayman) Limited

We are a Singapore-based biomedical and biotechnology company that is dedicated to the development and commercialization of innovative products for the management of chronic wounds, as well as operating in the health and beauty sectors. Our expertise in biomedical research allows us to identify and utilize materials derived from natural sources to develop wound care products in the form of medical devices which meet international standards. For more information, please visit https:// www.cuprina.com.  

Cuprina Holdings (Cayman) Limited Investor Contact

Investor Relations
c/o Blk 1090 Lower Delta Road #06-08
Singapore 169201
+65 8512 7275
Email: [email protected]

Investor Relations Inquiries:

Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: [email protected] 



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Foresight and Indian Drone Manufacturer Sign MOU for Autonomous Industrial Drones Project

The global drone inspection and monitoring market is projected to reach $21.3 billion by 2027, driven by demand in industries such as oil and gas, mining, critical infrastructure, and manufacturing. Revenues from the commercialization of the jointly developed technology may reach up to $32 million by 2031 

Ness Ziona, Israel, April 10, 2025 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced the signing of non-binding memorandum of understanding (the “MOU”) with a prominent Indian drone manufacturer to establish a framework for collaboration as part of the India-Israel Industrial research & development (R&D) and Technological Innovation Fund (“I4F”) program. This project follows Foresight’s signing of a commercial agreement with the same Indian drone manufacturer, as previously reported by the Company on January 14, 2025.

The joint project aims to develop rugged, autonomous industrial inspection drones equipped with visible-light and thermal sensors. According to a February 2023 market report by Markets and Markets, the global drone inspection and monitoring market, encompassing key industries such as oil and gas, mining, critical infrastructure, and manufacturing, was valued at approximately $10.5 billion in 2022 and is projected to reach $21.3 billion by 2027, growing at a compound annual growth rate (CAGR) of 15.1% during this period. This growth is driven by the increasing adoption of drones for their cost-effectiveness, efficiency, and safety benefits in hazardous environments. Based on projections made by the Indian drone manufacturer, revenues generated from the commercialization of the jointly developed technology may reach up to $32 million by 2031. To support development, the parties have applied for $5 million in funding from I4F.

Designed for reliable operation in GPS-denied environments, these autonomous drones will utilize advanced artificial intelligence-based algorithms for autonomous navigation, obstacle detection, and path planning. This enables them to efficiently navigate complex, cluttered spaces and function in harsh conditions.

Ideal for applications in oil & gas, power generation, mining, chemical processing, and critical infrastructure, the drones can operate in extreme conditions—including high temperatures, dust, smoke, and low visibility. By significantly reducing human exposure to dangerous conditions, accelerating inspection processes, and enabling predictive maintenance, the jointly developed system will help improve operational performance in challenging scenarios, increase efficiency, and lower costs. Unlike existing semi-autonomous solutions, this next-generation platform will feature fully integrated inertial navigation, real-time 3D mapping, and intelligent path planning—ensuring reliable performance in the most challenging environments.


About India-Israel Industrial R&D and Technological Innovation Fund (I4F)

The India-Israel Industrial R&D and Technological Innovation Fund (I4F) is a $40 million initiative jointly established by India’s Department of Science and Technology (DST) and the Israel Innovation Authority. The fund supports collaborative R&D projects between companies from both countries, aiming to co-develop and commercialize innovative technologies in key sectors such as healthcare, energy, agriculture, water, and information and communication technology.


About Foresight

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing advanced three-dimensional (3D) perception and cellular-based applications. Through the Company’s controlled subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions.

Foresight’s 3D perception systems include modules of automatic calibration and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous driving, agriculture, heavy industrial equipment and unmanned aerial vehicles (UAVs).

Eye-Net Mobile develops next-generation vehicle-to-everything (V2X) collision prevention solutions and smart automotive systems to enhance road safety and situational awareness for all road users in the urban mobility environment. By leveraging cutting-edge artificial intelligence (AI) technology, advanced analytics, and existing cellular networks, Eye-Net’s innovative solution suite delivers real-time pre-collision alerts to all road users using smartphones and other smart devices within vehicles.

For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on “X” (formerly Twitter), or join Foresight Automotive on LinkedIn.


Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the aims of the MOU, the projected growth of applicable global drone inspection and monitoring sectors by 2027, the potential revenues that may be generated from the commercialization of drone inspection and monitoring technology by 2031, the potential advantages and benefits of this technology, and the possibility that this technology will feature fully integrated inertial navigation, real-time 3D mapping, and intelligent path planning. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission (“SEC”) on March 24, 2025, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. 

Investor Relations Contact:

Miri Segal-Scharia
CEO
MS-IR LLC
[email protected]
917-607-8654 



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Geoff Dow, PhD, Infectious Disease Product Development Expert, to Discuss Babesiosis at Healing Lyme Summit, April 15-21

WASHINGTON, April 10, 2025 (GLOBE NEWSWIRE) — Geoff Dow, infectious disease product development expert and chief executive officer of 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP; SXTPW) (“60 Degrees” or the “Company”), will participate in a scientific discussion on the management and treatment of babesiosis during the April 15–21 Healing Lyme Summit.

Babesiosis is a rapidly emerging tick-borne disease often found as a coinfection with Lyme disease.

Drawing on decades of experience in anti-infective product development, Dr. Dow will spotlight the growing threat of babesiosis in the United States, its clinical challenges, and the urgent need for increased awareness and improved diagnostic and therapeutic options.

Dr. Dow will also outline the purpose and status of two active clinical trials sponsored by 60 Degrees Pharmaceuticals (NCT06207370 and NCT06478641) which are evaluating the efficacy and safety of tafenoquine in treating severe babesiosis and persistent disease in immunosuppressed patients.

“Babesiosis has been rising in prevalence,” said Dr. Dow. “Yet public and clinical recognition of the existence and seriousness of this disease remains limited. The Healing Lyme Summit is an important opportunity to engage professionals and the public in understanding and responding to this evolving public health threat.”

The Healing Lyme Summit is a free, virtual event running from April 15–21, 2025, featuring daily interviews, scientific talks, and educational content focused on holistic and conventional approaches to diagnosing and treating tick-borne illnesses. Dr. Dow’s discussion will be available for streaming during the Summit dates for registered participants.

For more information about the Healing Lyme Summit or to register, please visit: Healing Lyme Summit 2.0 | DrTalks

About Geoff Dow, PhD

Dr. Geoff Dow is the Founder and Chief Executive Officer of 60 Degrees Pharmaceuticals, Inc., a clinical-stage pharmaceutical company focused on developing new treatments for infectious diseases. He has led efforts in malaria, dengue, and other parasitic and viral diseases for over 25 years, including collaborations with the U.S. Department of Defense and leading academic research institutions in Singapore, Australia, and the United States.

About 60 Degrees Pharmaceuticals

60 Degrees Pharmaceuticals, Inc., founded in 2010, specializes in developing and marketing new medicines for the treatment and prevention of infectious diseases that affect the lives of millions of people. 60 Degrees Pharmaceuticals, Inc. achieved FDA approval of its lead product, ARAKODA® (tafenoquine), for malaria prevention, in 2018. 60 Degrees also collaborates with prominent research organizations in the U.S., Australia, and Singapore. The 60 Degrees Pharmaceuticals mission has been supported through in-kind funding from the U.S. Department of Defense and private institutional investors including Knight Therapeutics Inc., a Canadian-based pan-American specialty pharmaceutical company. 60 Degrees Pharmaceuticals is headquartered in Washington D.C., with a majority-owned subsidiary in Australia. Learn more at www.60degreespharma.com.

The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward‐looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: there is substantial doubt as to our ability to continue on a going-concern basis; we might not be eligible for Australian government research and development tax rebates; if we are not able to successfully develop, obtain FDA approval for, and provide for the commercialization of non-malaria prevention indications for tafenoquine (ARAKODA® or other regimen) or Celgosivir in a timely manner, we may not be able to expand our business operations; we may not be able to successfully conduct planned clinical trials or patient recruitment in our trials might be slow or negligible; and we have no manufacturing capacity which puts us at risk of lengthy and costly delays of bringing our products to market. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the information contained in our Annual Report on Form 10-K filed with the SEC on April 1, 2024, and our subsequent SEC filings. Investors and security holders are urged to read these documents free of charge on the SEC’s website at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Media Contacts:

Sheila A. Burke

[email protected]

(484) 667-6330


Investor Contact:

Patrick Gaynes

[email protected]



Posted on

Perfect Moment Achieves Unprecedented Global Brand Reach in Fiscal 2025

Perfect Moment Achieves Unprecedented Global Brand Reach in Fiscal 2025

Luxury Performance Brand Surpasses 16 Billion Digital Media Impressions, Securing Place Among Global Fashion Leaders

Record Brand Reach Supports Growth Momentum, with Autumn/Winter Wholesale Preorders Up 30% to Record Level

LONDON–(BUSINESS WIRE)–Perfect Moment Ltd. (NYSE American: PMNT), the high-performance luxury skiwear and lifestyle brand, reported garnering record brand coverage during its 2025 fiscal year ended March 31, 2025.

“Our highest-ever numbers demonstrate our brand’s rising cultural relevance, deepening consumer appeal, and strong growth momentum as we enter our next phase of growth and evolution,” stated Perfect Moment president and chief creative officer, Jane Gottschalk. “We couldn’t be more excited about what we have achieved and the phenomenal opportunities ahead.”

FY2025 Media Highlights

  • Record 16.6 billion in total number of unique visitors per month (UVPM) reached globally, up 108% over the previous year, with this representing the combined sum of UVPM reached by all global digital media coverage during the year.
  • Record 934 million in total social audience reached by content posted by global key opinion leaders (KOLs) about Perfect Moment. This comprises the total combined number of followers of the celebrities, influencers, models, media publications, and fashion industry notables who organically posted about the brand during the year globally.
  • Increase of 101% to a record 597.1 million in total social audience reached during the 2024-2025 ski season (fiscal Q3 and Q4) with content posted by global KOLs about Perfect Moment.
  • 25.6 million in global print circulation of articles featuring Perfect Moment for the fiscal year.
  • Global media coverage during the year included Vogue, Harper’s BAZAAR, ELLE, WWD, and Tatler.
  • Social media engagements in the fourth quarter of fiscal 2025 included Instagram posts by numerous high-profile celebrities and influencers with wide Instagram followings, including:

    Priyanka Chopra Jonas, award-winning global film and fashion icon with 92.5 million followers.

    Anitta, Brazilian singer, songwriter, actress, and businesswoman with 64.2 million followers.

    Miranda Kerr, Australian model and founder of Kora Organics with 14.4 million followers.

    Sara Sampaio, Portuguese model and movie actress with 8.5 million followers.

    Victoria Brito, Brazilian model, dancer and designer with 2.4 million followers.

    Rachel Brosnahan, American-British actress and comedian with 1.1 million followers.

    Xandra Pohl, professional DJ and 2024 Sports Illustrated swimsuit model with 551 thousand followers.

  • Major global collaboration with Diageo’s top Scotch Whiskey brand, Johnnie Walker, was featured in fourth quarter Instagram posts by major media platforms with wide Instagram followings, including:

    InStyle with 4.3 million followers.

    Refinery29 with 3.4 million followers.

    L’Officiel Brazil with 543 thousand followers.

The company’s launch of its Johnnie Walker x Perfect Moment capsule collection has been supported by several curated brand experiences, exclusive press coverage, and organic influencer engagement, further elevating Perfect Moment’s trajectory as a leading brand in performance luxury.

As part of a multi-channel global co-marketing campaign with Johnnie Walker, Perfect Moment hosted a high-profile brand activation at the St. Regis Deer Valleymountain resort,which was attended by several celebrity fans, including Miranda Kerr, Anitta, Sara Sampaio, and Priyanka Chopra.

“The tremendous global reach and influencer engagement we’ve achieved over the past year has elevated our brand awareness to levels rivalling our closest peers, including Moncler and Canada Goose,” noted Gottschalk.

The company’s own followers currently exceed 440,000 across its social media platforms (Instagram, Facebook and TikTok), up approximately 15.2% year-over-year—making Perfect Moment increasingly one of the world’s most followed luxury brands.

“We’re thrilled by the organic attention we’ve received and the invaluable brand equity it has built,” added Gottschalk. “It supports our mission of scaling our sales across North America, Europe and Asia.”

The company recently reported that it has booked a record level of wholesale preorders for its upcoming Autumn/Winter (AW) 2025 collection. The number of orders already exceeds all of the company’s wholesale orders for last year’s AW collection by 30%, and represents the largest wholesale book in the company’s history (excluding collaborations). The new orders are from both new and existing customers, with most existing customers expanding upon their year-ago levels.

Perfect Moment taps a fast-growing global luxury ski apparel market that is expected to reach $1.7 billion in 2024 and grow at a compound annual growth rate (CAGR) of 6.2% through 2033. The brand’s expanding market for luxury outerwear is expected to reach $17.9 billion in 2024 and grow at a 6.7% CAGR through 2033, with both market outlooks according to Business Research Insights.

About Perfect Moment LTD.

Perfect Moment is a high-performance luxury skiwear and lifestyle brand that blends technical excellence with fashion-forward designs, creating pieces that effortlessly transition from the slopes to the city, the beach, and beyond.

The brand was born in 1984 in the mountains of Chamonix, France, relaunched by Max and Jane Gottschalk in 2012, and acquired by the company in 2017 and 2018. Initially the vision of extreme sports filmmaker and professional skier Thierry Donard, the brand has been built on a sense of adventure which it has sustained for more than 20 years. Fueled by his personal experiences, Donard was driven by a desire to create pieces that offered quality, style and performance, pushing the wearer in the pursuit of every athlete’s dream: to experience ‘The Perfect Moment.’

In 2012, British-Swiss entrepreneurial couple Jane and Max Gottschalk took ownership of the brand. Under Jane’s creative direction Perfect Moment was injected with a new style focus, one that reignited the spirit of the heritage brand, along with a commitment to improving fit, performance and the use of best-in-class functional materials. As such, the designs evolved into distinct statement pieces synonymous with the brand as we know it today.

Today, the brand is available globally, online and at major retailers, including MyTheresa, Net-a-Porter, Harrods, Selfridges, Saks, Bergdorf Goodman and Neiman Marcus.

Learn more at www.perfectmoment.com.

Forward-looking Statements

This release contains forward-looking statements that relate to expectations or forecasts of future events. Forward-looking statements may be identified by the use of words such as “expect”, “anticipate”, “believe”, “may”, “will” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include statements relating to our use of proceeds from the transaction. Forward-looking statements are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including Item 1A (Risk Factors) of the Company’s Form 10-K for the year ended March 31, 2024 and its subsequently filed periodic reports. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Although it may voluntarily do so from time to time, the Company undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

Company Contact

Julie Robinson, Brand Director

Perfect Moment

Tel +44 7595178702

Email contact

Investor Contact

Ronald Both or Grant Stude

CMA Investor Relations

Tel (949) 432-7566

Email contact

KEYWORDS: Europe United States United Kingdom North America California

INDUSTRY KEYWORDS: Social Media Influencer Retail Content Marketing Marketing Communications Women Online Retail Luxury Sports Other Retail Skiing/Snowboarding Specialty Digital Marketing Consumer Fashion

MEDIA:

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OSS to Present at the Planet MicroCap Showcase: VEGAS 2025 April 23, 2025 to April 24, 2025

ESCONDIDO, Calif., April 10, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced that it will be presenting at the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub on April 23, 2025 at 3:30 PM PT.

To access the live presentation, please use the following information:

Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub

Date: Wednesday, April 23, 2025
Time: 3:30 – 4:00 PM PT
Webcast: https://event.summitcast.com/view/YNz6mnmEsXyrdRxb78w2nX/guest_book?session_id=3oUaBZRsjbv3k9PyooFjFH

If you would like to book 1×1 investor meetings with OSS, and to attend the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub, please make sure you are registered here: REGISTER

1×1 meetings will be scheduled and conducted in person at the conference venue: Paris Hotel & Casino in Las Vegas, NV

The Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub website is available here: HOME PAGE

If you can’t make the live presentation, all company presentations “webcasts” will be available directly on the conference event platform on this link under the tab “Agenda”: AGENDA

About One Stop Systems

One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

About Planet MicroCap

Planet MicroCap is a global multimedia financial news, publishing and events company for the MicroCap investing community. Planet MicroCap has cultivated an active and engaged audience of folks that are interested in learning about and staying ahead of the curve in the MicroCap space.

If you would like to attend the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub, please register here: REGISTER

Forward-Looking Statements

OSS cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by OSS or its partners that any of our plans or expectations will be achieved, including but not limited to the potential and/or the results participating in the Planet MicroCap Conference, any results relating to one-on-one meetings with management, and the expansion of the Company’s offerings and/or relationship with commercial customers and/or investors. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Media Contacts:

Robert Kalebaugh
One Stop Systems, Inc.
Tel (858) 518-6154
Email contact

Investor Relations:

Andrew Berger
Managing Director
SM Berger & Company, Inc.
Tel (216) 464-6400
Email contact



Posted on

KANZHUN LIMITED Files Its Annual Report on Form 20-F

BEIJING, April 10, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on April 10, 2025, U.S. Eastern Time. The annual report can be accessed on the Company’s investor relations website at https://ir.zhipin.com.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Investor Relations Department of KANZHUN LIMITED via email at [email protected].

The Company has also published its annual report for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“HKEX”), which can be accessed on the Company’s investor relations website at https://ir.zhipin.com as well as the HKEX’s website at http://www.hkexnews.hk.

About KANZHUN LIMITED

KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

For investor and media inquiries, please contact:

KANZHUN LIMITED
Investor Relations
Email: [email protected]

PIACENTE FINANCIAL COMMUNICATIONS
Email: [email protected]



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T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MARCH 2025

PR Newswire


BALTIMORE
, April 10, 2025 /PRNewswire/ — T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.57 trillion as of March 31, 2025. Preliminary net outflows were $1.8 billion for March 2025 and $8.6 billion for the quarter-ended March 2025. Preliminary quarterly net flows include $0.7 billion of Manager-driven distributions.

The below table shows the firm’s assets under management as of March 31, 2025, and for the prior month- and year-end by asset class and in the firm’s target date retirement portfolios.

As of

Preliminary(a)

(in billions)

3/31/2025

2/28/2025

12/31/2024

 Equity

$            773

$            827

$            830

 Fixed income, including money market

196

192

188

 Multi-asset

544

555

536

 Alternatives

53

53

53

Total assets under management

$         1,566

$         1,627

$         1,607

Target date retirement portfolios

$            484

$            494

$            476

 (a) Preliminary – subject to adjustment

Q1 2025 Earnings Release and Earnings Call

T. Rowe Price will release Q1 2025 earnings on Friday, May 2, 2025 at 7:00 AM ET. The company will host an earnings call from 8:00 – 8:45 AM ET that day.  To access the webcast and accompanying materials, visit the company’s investor relations website at:investors.troweprice.com.

About T. Rowe Price

Founded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price serves millions of clients globally and manages $1.57 trillion in assets under management as of March 31, 2025. About two-thirds of the assets under management are retirement-related. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.

 

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AI-Powered Service Robots Redefine Hospitality as Industry Innovators Lead the Charge

PR Newswire


NetworkNewsWire Editorial Coverage


NEW YORK
, April 10, 2025 /PRNewswire/ — Facing ongoing labor shortages and rising consumer demands, the hospitality and food service sectors are increasingly turning to artificial intelligence (AI)-driven service robots. These cutting-edge technologies are helping hotels, restaurants, and cafes streamline operations, lower costs, and elevate customer experiences. As the hospitality robotics market is expected to surge to $65.4 billion by 2032 (https://ibn.fm/WxsRw), robotic innovations are swiftly becoming central to addressing workforce gaps and modernizing service delivery. Nightfood Holdings Inc. (OTCQB: NGTF) (profile) is at the forefront of this evolution—not merely as a tech player, but as a hospitality veteran. With operational oversight of more than 130 hotels and the development of over 50 properties, Nightfood’s leadership brings deep-rooted industry expertise, enabling the company to implement robotic solutions with greater agility and impact than many traditional technology firms. Other companies committed to transforming their sectors through robotics include Amazon.com Inc. (NASDAQ: AMZN), Intuitive Surgical Inc. (NASDAQ: ISRG), Richtech Robotics Inc. (NASDAQ: RR) and Serve Robotics Inc. (NASDAQ: SERV).


  • AI-driven service robots are gaining momentum as a game-changing tool in a range of different industries.

  • With a strong acquisition strategy in place, Nightfood  Holdings is focused on securing assets that support scalable growth and broaden its reach in the hospitality sector.

  • Nightfood is also leveraging high-impact partnerships to reinforce its leadership in the hospitality robotics sector.


Redefining Hospitality with Robotic Innovation

As the hospitality and food-service sectors face mounting challenges in 2025—most notably labor shortages and rising guest expectations—industry leaders are turning to technology for sustainable solutions. A report by the American Hotel & Lodging Association reveals that 76% of hotels are still struggling to fill staff roles, with many increasing wages and offering flexible work arrangements to stay competitive (https://ibn.fm/ZtFz5).

To address these operational pressures, AI-driven service robots are gaining momentum as a game-changing tool. From hotels to cafés, these intelligent machines are streamlining workflows, cutting costs, and elevating the customer experience. With the hospitality robotics market projected to grow at a CAGR of 17.89% through 2032, automation is quickly becoming a cornerstone of modern hospitality.


Accelerating Growth with Key Acquisitions

Nightfood Holdings Inc. (OTCQB: NGTF), a hospitality technology and asset acquisition company, is making strategic moves to redefine hotel operations through artificial intelligence and targeted acquisitions. With a strong acquisition strategy in place, the company is focused on securing assets that support scalable growth and broaden its reach in the hospitality sector.

Recently, Nightfood finalized the acquisition of Skytech Automated Solutions Inc., a company known for its AI-powered service technologies tailored for hotels (https://ibn.fm/OtSEz). Among its innovations is the Laundry Helper robot, which is already being implemented in a growing number of hotel properties. With Skytech’s capabilities now integrated into Nightfood’s platform, the company plans to deliver full-scale automation—from behind-the-scenes operations to direct guest interactions.

“Closing the Skytech acquisition represents a transformative leap forward for Nightfood,” said Nightfood Holdings chair Jamie Steigerwald. “This strengthens our ability to scale automation across the hospitality industry, addressing key operational pain points such as labor shortages and rising costs.”

This move comes on the heels of Nightfood’s acquisition of SWC Group Inc., operating as CarryOutSupplies.com, through an all-stock transaction (https://nnw.fm/EQSuy).  CarryOut is a major supplier of custom takeout packaging to the foodservice industry.

According to company leadership, the addition of CarryOut brings several advantages, including greater operational efficiency, an expanded client base, and an enhanced product portfolio. “We are thrilled to announce the successful acquisition of CarryoutSupplies.com and excited for what we believe this acquisition will allow Nightfood to accomplish,” said Nightfood Holdings CEO Sonny Wang. “This deal not only strengthens our position in the foodservice industry but also can drive immense value through operational efficiencies and the integration of complementary products and services across Nightfood’s subsidiaries.”

In a recent shareholder update, the company emphasized that these acquisitions are central to its long-term strategic plan. “These acquisitions highlight Nightfood’s strategic vision, positioning the company as a prominent innovator at the intersection of advanced AI and hospitality automation, significantly expanding its market presence and competitive positioning. Nightfood continues actively evaluating further strategic opportunities to enhance its innovative market leadership, demonstrating a clear commitment to aggressive, value-driven expansion,” the update stated (https://nnw.fm/yQena).

With its dual focus on cutting-edge automation and market-driven acquisitions, Nightfood is carving out a distinctive role in the evolving landscape of hospitality and service innovation.


Strengthening Leadership through Key Partnerships

Acquisitions are only part of the Nightfood Holdings strategy. The company is also eyeing key partnerships that will help it strengthen its position as a leader in the hospitality robotic space. Late last year, Future Hospitality Ventures Holdings Inc., a subsidiary of Nightfood Holdings, announced an exclusive partnership with Bear Robotics Inc., a global leader in AI-driven automation solutions (https://ibn.fm/qL1eP). Calling the collaboration “a major milestone,” the company noted that its mission is to redefine the U.S. hospitality industry, beginning in Greater Los Angeles and with plans to expand nationwide.

“FHV is committed to advancing innovation within the hospitality sector,” stated Wang. “Our partnership with Bear Robotics will redefine operational efficiency and service delivery, setting new standards for the industry. We look forward to implementing these AI-powered solutions in a dynamic and evolving market.”


Expands Hospitality Innovation Through Strategic Partnership

While acquisitions remain a vital component of Nightfood Holdings Inc.’s (OTCQB: NGTF) growth strategy, the company is also leveraging high-impact partnerships to reinforce its leadership in the hospitality robotics sector. One of its most significant recent collaborations is an exclusive agreement between its subsidiary, Future Hospitality Ventures Holdings Inc. (FHV), and Bear Robotics Inc., a global leader in AI-driven automation solutions (https://nnw.fm/go8aC).

Announced late last year, the partnership marks a strategic move to revolutionize hotel and restaurant operations with intelligent service automation, starting in Greater Los Angeles and with plans for a national rollout. Nightfood described the agreement as “a major milestone” in its mission to redefine the U.S. hospitality industry.

“FHV is committed to advancing innovation within the hospitality sector,” said Nightfood CEO Sonny Wang. “Our partnership with Bear Robotics will redefine operational efficiency and service delivery, setting new standards for the industry. We look forward to implementing these AI-powered solutions in a dynamic and evolving market.”

As Nightfood continues to integrate advanced technologies and expand its footprint, this partnership underscores the company’s forward-thinking approach to reshaping guest services through automation and artificial intelligence.


Solidifying a Presence in a Transformative Field

With the rapid expansion and innovation in the robotics industry, several visionary companies are making significant moves to solidify their presence in this transformative field. Through investments in advanced technologies and strategic alliances, these companies are positioning themselves as leaders in automation, impacting industries from hospitality to supply chain.

Amazon.com Inc. (NASDAQ: AMZN) robotics division, Amazon Robotics, was founded more than a decade ago when Amazon acquired Massachusetts-based Kiva Systems in 2012. Since then, Amazon has developed, produced, and deployed more than 750,000 robots across its operations network (https://ibn.fm/KpG6K). The scaling of these systems has reached a new crescendo with the recent launch of Amazon’s next-generation, state-of-the-art fulfillment center in Shreveport, Louisiana, equipped with the latest innovations in robotics to support employees who package and deliver customer orders. This site uses eight different robotics systems that work in harmony to support package fulfillment and delivery.

Intuitive Surgical Inc. (NASDAQ: ISRG), a global leader in minimally invasive care and the pioneer of robotic-assisted surgery, announced the publication of two peer-reviewed studies in Surgical Endoscopy, on its first-of-its-kind Force Feedback technology incorporated in the da Vinci 5 surgical system (https://ibn.fm/nVL4x). Force Feedback technology allows surgeons to feel the forces applied to tissue during surgery, such as pushing and pulling. These studies – conducted in the pre-clinical setting using tissue models – demonstrate its potential to reduce the amount of force placed on tissue during surgery and enhance surgeon performance.

Richtech Robotics Inc. (NASDAQ: RR), a Nevada-based provider of AI-driven service robots, recently announced the opening of its newest One Kitchen restaurant in collaboration with Ghost Kitchens America (https://ibn.fm/zGTYz). The Peachtree City, Georgia, Walmart Supercenter One Kitchen is the third to open as part of the two companies’ partnership and first to feature AI-driven service robot Scorpion. Richtech Robotics’ Scorpion robot will serve patrons a variety of coffees, milk teas, and fruit tea drinks.

Serve Robotics Inc. (NASDAQ: SERV), a leading autonomous sidewalk delivery company, has announced the launch of its service in the Dallas-Fort Worth metro area (https://ibn.fm/QXOFW). This strategic expansion, in continued partnership with Uber Eats, represents a major milestone in Serve’s plan to deploy 2,000 AI-powered delivery robots across the U.S. by the end of 2025. Serve robots have begun operating in the Uptown neighborhoods of Pearl, State Thomas, West Village and South Routh, reaching more than 22,000 new households. Customers placing orders through the Uber Eats app in these areas may now receive their meal via Serve’s autonomous delivery robots.

As robotics transforms the future of work and service, the companies at the forefront are those that merge technological advancements with specialized industry knowledge. The strategic actions they take now are laying the groundwork for a more efficient, automated, and intelligent future, solidifying their positions as major influencers in the evolving robotics field.

For more information about Nightfood Holdings, visit Nightfood Holdings Inc.

About NetworkNewsWire

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