ALPINE 4 HOLDINGS INC A - ALPP STOCK NEWS

Alpine 4 Holdings, Inc. (ALPP) announces the merger of Deluxe Sheet Metal, Inc. and Morris Sheet Metal Corporation, creating one of the largest sheet metal contractors in the Midwest. The integration of both companies is expected to enhance brand strength, improve pricing, and lower administrative expenses by nearly 7% within the first year. With over 100,000 square feet of facilities and 90 union workers, the new entity predicts revenues exceeding $50 million within 36 months. This strategic move aims to leverage complementary strengths and expand business operations across multiple states.

Alpine 4 Holdings, (OTCQB:ALPP) has appointed four new independent board members to satisfy NASDAQ requirements. The new members include Gerry Garcia, the company's first female board member, Ed Lew, the first Chinese American member, Christophe Jeunot, the first international member, and Jonathan Withem, the first adjunct professor. These appointments are aimed at enhancing diversity within the board, providing innovative perspectives, and supporting the company's strategic goals as a technology-driven enterprise.

Alpine 4 Holdings, Inc. (ALPP) has announced plans to retire $12.8 million in debt in its first round of payoffs. CEO Kent Wilson emphasized that this action aims to enhance the company's equity integrity and competitive advantage, ultimately leading to better purchasing practices and reduced overhead costs. The aim is to drive larger revenue and profitability for its subsidiaries and strengthen the balance sheet for future investments. This strategic move positions Alpine 4 for growth and value creation as part of its DSF business model.

Alpine 4 Holding (OTCQB:ALPP) announced the formation of A4 Defense Systems, Inc. to enhance its services for the US Department of Defense and global security providers. CEO Kent B. Wilson emphasized the need for a dedicated entity following the deployment of Impossible Aerospace's US-1 Drone. A4 Defense Systems aims to focus on surveillance, unique aerospace services, and non-lethal weapon systems. This initiative opens a market opportunity exceeding $1.5 billion and facilitates potential acquisitions within the next 6-12 months.

Alpine 4 Technologies Ltd. (OTCQB:ALPP) has finalized agreements with institutional investors for a direct offering of 8,333,333 shares of Class A common stock at $6.00 per share, aiming for gross proceeds of approximately $50 million. The funds will be utilized to accelerate the company's business plan, repay outstanding debts, and address working capital needs. The offering is set to close around February 17, 2021, contingent on customary closing conditions. A.G.P./Alliance Global Partners is the sole placement agent.

Alpine 4 Holdings (ALPP) announced its subsidiary, Morris Sheet Metal (MSM), secured $2.9 million in new building projects in January, primarily in Healthcare and Product Distribution. This achievement surpasses typical quarterly bookings as demand for previously delayed projects rises post-COVID. CEO Kent Wilson noted historic demand levels, indicating a potential record year ahead. MSM specializes in HVAC services and has operated since 1998, emphasizing innovative and synergistic business practices.

Alpine 4 Holdings (ALPP) announced its subsidiary, Quality Circuit Assembly (QCA), secured an additional $1 million in new orders for Q1 & Q2 2021, building on a previous $1.5 million in orders from late 2020. These orders are mainly from sectors like EV companies, advanced robotics, and environmental technology. CEO Kent B. Wilson highlighted that enhanced equipment and tools have significantly boosted production capabilities, suggesting strong growth potential in the coming year. QCA has a history of global manufacturing support since 1988.

Alpine 4 Technologies (OTCQB:ALPP) announced that its drone subsidiary, Vayu, is aiming to set a world record for distance flight with its G1 VTOL aircraft. The flights will take place from Bata to Bioko Island (128 miles) and from Bioko Island to Annobon Island (364 miles). This effort follows Vayu's previous successful partnerships in Africa. The Guinness Book of World Records has been notified of the attempt. The company emphasizes innovation and synergy across its businesses, as reflected in its disruptive DSF model.

PHOENIX, AZ / ACCESSWIRE / November 30, 2020 / Alpine 4 Technologies has announced the appointment of Craig Codling as the new Chief Technology Officer. Codling, previously a lead development architect at Ancestry.com, is recognized for his innovative contributions that enable billions of transactions daily. He founded Kiware, Inc., delivering ERP solutions to manufacturing. CEO Kent Wilson commended Codling's rapid advancement in the company, emphasizing his capabilities to drive growth and enhance productivity through technology, particularly with the new blockchain-based platform SPECTRUMebos.