APPlife Digital Solutions, Inc. Terminates Acquisition
APPlife Digital Solutions Inc. (OTCQB: ALDS), a business incubator and portfolio manager, has terminated its planned acquisition of a solar energy business. The company, which invests in and creates e-commerce and cloud-based solutions, is now exploring other potential acquisitions, mergers, and business combinations. CEO Matthew Reid emphasized that these new discussions are focused on operational sustainability and building long-term shareholder value. This shift in strategy indicates ALDS is actively seeking alternative growth opportunities after the cancellation of the solar energy business acquisition.
APPlife Digital Solutions Inc. (OTCQB: ALDS), un incubatore d'impresa e gestore di portafoglio, ha annullato l'acquisizione pianificata di un'azienda nel settore dell'energia solare. L'azienda, che investe e crea soluzioni e-commerce e basate sul cloud, sta ora esplorando altre potenziali acquisizioni, fusioni e combinazioni aziendali. Il CEO Matthew Reid ha sottolineato che questi nuovi colloqui si concentrano su sostenibilità operativa e costruzione di valore a lungo termine per gli azionisti. Questo cambiamento di strategia indica che ALDS sta cercando attivamente opportunità di crescita alternative dopo l'annullamento dell'acquisizione dell'azienda di energia solare.
APPlife Digital Solutions Inc. (OTCQB: ALDS), un incubadora de empresas y administrador de cartera, ha cancelado su adquisición planeada de un negocio de energía solar. La compañía, que invierte en y crea soluciones de comercio electrónico y basadas en la nube, está explorando otras posibles adquisiciones, fusiones y combinaciones comerciales. El CEO Matthew Reid enfatizó que estas nuevas discusiones se centran en sostenibilidad operativa y construcción de valor a largo plazo para los accionistas. Este cambio de estrategia indica que ALDS está buscando activamente oportunidades de crecimiento alternativas después de la cancelación de la adquisición del negocio de energía solar.
APPlife Digital Solutions Inc. (OTCQB: ALDS)는 비즈니스 인큐베이터이자 포트폴리오 관리자이며, 태양광 에너지 사업의 예정된 인수를 종료했습니다. 전자상거래 및 클라우드 기반 솔루션에 투자하고 이를 창출하는 이 회사는 현재 다른 잠재적인 인수, 합병 및 비즈니스 조합을 탐색하고 있습니다. CEO 매튜 리드는 이러한 새로운 논의가 운영의 지속 가능성과 장기 주주 가치를 높이는 데 초점을 맞추고 있다고 강조했습니다. 이러한 전략 변화는 ALDS가 태양광 에너지 사업 인수 취소 후 대안적 성장 기회를 적극적으로 모색하고 있음을 나타냅니다.
APPlife Digital Solutions Inc. (OTCQB: ALDS), un incubateur d'entreprises et gestionnaire de portefeuille, a mis fin à son projet d'acquisition d'une entreprise d'énergie solaire. La société, qui investit et crée des solutions de commerce électronique et basées sur le cloud, explore désormais d'autres acquisitions, fusions et combinaisons commerciales potentielles. Le PDG Matthew Reid a souligné que ces nouvelles discussions se concentrent sur la durabilité opérationnelle et la création de valeur pour les actionnaires à long terme. Ce changement de stratégie indique qu'ALDS cherche activement des opportunités de croissance alternatives après l'annulation de l'acquisition de l'entreprise d'énergie solaire.
APPlife Digital Solutions Inc. (OTCQB: ALDS), ein Unternehmensinkubator und Portfolio-Manager, hat den geplanten Erwerb eines Solarenergieunternehmens abgebrochen. Das Unternehmen, das in E-Commerce- und Cloud-basierte Lösungen investiert und diese entwickelt, untersucht nun andere potenzielle Akquisitionen, Fusionen und Geschäftskombinationen. CEO Matthew Reid betonte, dass diese neuen Gespräche auf betriebliches Nachhaltigkeit und den Aufbau von langfristigem Aktionärswert ausgerichtet sind. Diese Strategieänderung deutet darauf hin, dass ALDS aktiv nach alternativen Wachstumschancen sucht, nachdem die Akquisition des Solarenergieunternehmens abgesagt wurde.
- ALDS is actively pursuing new acquisition and merger opportunities
- Company is focusing on operational sustainability and long-term shareholder value
- Termination of planned solar energy business acquisition
- Potential loss of expected synergies or growth from the cancelled acquisition
SAN FRANCISCO, July 26, 2024 (GLOBE NEWSWIRE) -- APPlife Digital Solutions Inc. (OTCQB: ALDS) (“ALDS”), a business incubator and portfolio manager that invests in and creates e-commerce and cloud-based solutions, announced today that it has terminated its planned acquisition of a solar energy business.
“APPlife has already begun due diligence discussions with other potential acquisitions, mergers, and business combinations, focusing on operational sustainability and building long-term shareholder value,” stated Matthew Reid, CEO of APPlife Digital Solutions.
ABOUT APPLIFE DIGITAL SOLUTIONS INC.
APPlife Digital Solutions (OTCQB: ALDS) creates, invests, and builds e-commerce and cloud-based solutions for work, home, recreation, and research. Through its portfolio companies, APPlife develops life solutions for everyday issues and needs. Current projects include Rooster Essentials, an e-commerce platform of curated grooming products for men, one of the fastest-growing markets in the consumer brands space. OfficeHop, an online rental marketplace for private offices, meeting rooms, lunch meetings, and creative spaces – imagine vacation rentals, but for office space. B2BCHX, an accredited resource for background checks on Chinese companies. Recently, APPlife acquired the assets of LeSalon, a tech system that allows beauty professionals to manage their bookings/calendars and allows registered and verified users to connect with those verified professionals and meet at a location the user chooses. LeSalon is currently operating in London, and APPlife intends to roll out LeSalon throughout the U.S.
APPlife Digital Solutions Contact Information:
Investor Relations
Tel: (585) 232-5440
Email: jody@APPlifedigital.com
FORWARD-LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies, and prospects -- both business and financial. Although we believe that our plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, acquisitions, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to APPlife Digital Solutions, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
FAQ
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