Consumer Automotive Finance Inc. (CAFI) Completes Final Steps with FINRA, Expects Name and Ticker Change to Fifty 1 Labs, Inc. (FITY) Within 30 Days
Consumer Automotive Finance Inc. (CAFI) has announced the completion of final steps with FINRA regarding its corporate name and ticker symbol change. The company expects to transition to Fifty 1 Labs, Inc. (FITY) within 30 days.
Led by former NFL player Brandon Spikes, Fifty 1 Labs operates in sports nutrition and performance innovation through multiple divisions: an advanced sports supplement division, Drago Knives (premium blade manufacturer), and The Quickness (performance training brand focused on speed and agility).
The rebranding initiative reflects the company's strategic shift beyond its original focus and aims to enhance market visibility for its expanding product lines in the sports, fitness, and tactical gear industries.
Consumer Automotive Finance Inc. (CAFI) ha annunciato il completamento degli ultimi passaggi con la FINRA riguardo al cambio del nome aziendale e del simbolo di borsa. L'azienda prevede di passare a Fifty 1 Labs, Inc. (FITY) entro 30 giorni.
Guidata dall'ex giocatore della NFL Brandon Spikes, Fifty 1 Labs opera nel campo della nutrizione sportiva e dell'innovazione delle prestazioni attraverso diverse divisioni: una divisione avanzata di integratori sportivi, Drago Knives (fabbricante di lame premium) e The Quickness (marca di allenamento delle prestazioni focalizzata su velocità e agilità).
L'iniziativa di rebranding riflette il cambiamento strategico dell'azienda oltre il suo focus originale e mira a migliorare la visibilità sul mercato per le sue linee di prodotti in espansione nei settori dello sport, del fitness e dell'equipaggiamento tattico.
Consumer Automotive Finance Inc. (CAFI) ha anunciado la finalización de los últimos pasos con FINRA respecto al cambio de su nombre corporativo y símbolo de cotización. La compañía espera hacer la transición a Fifty 1 Labs, Inc. (FITY) dentro de 30 días.
Dirigida por el exjugador de la NFL Brandon Spikes, Fifty 1 Labs opera en nutrición deportiva e innovación en rendimiento a través de múltiples divisiones: una división avanzada de suplementos deportivos, Drago Knives (fabricante de cuchillos premium), y The Quickness (marca de entrenamiento en rendimiento enfocada en velocidad y agilidad).
La iniciativa de rebranding refleja el cambio estratégico de la compañía más allá de su enfoque original y tiene como objetivo mejorar la visibilidad en el mercado para sus líneas de productos en expansión en las industrias del deporte, el fitness y el equipo táctico.
Consumer Automotive Finance Inc. (CAFI)는 기업 이름과 주식 기호 변경에 관한 FINRA와의 최종 단계를 완료했다고 발표했습니다. 이 회사는 30일 이내에 Fifty 1 Labs, Inc. (FITY)로 전환할 것으로 예상합니다.
전 NFL 선수 Brandon Spikes가 이끄는 Fifty 1 Labs는 여러 부서를 통해 스포츠 영양 및 성능 혁신 분야에서 활동하고 있습니다: 고급 스포츠 보충제 부서, Drago Knives (프리미엄 칼 제조업체), 그리고 The Quickness (속도와 민첩성에 중점을 둔 성능 훈련 브랜드).
리브랜딩 이니셔티브는 회사의 원래 초점을 넘어서는 전략적 변화를 반영하며, 스포츠, 피트니스 및 전술 장비 산업에서 확장되는 제품 라인의 시장 가시성을 향상시키는 것을 목표로 하고 있습니다.
Consumer Automotive Finance Inc. (CAFI) a annoncé l'achèvement des dernières étapes avec la FINRA concernant le changement de son nom d'entreprise et de son symbole boursier. La société s'attend à passer à Fifty 1 Labs, Inc. (FITY) dans les 30 jours.
Dirigée par l'ancien joueur de la NFL Brandon Spikes, Fifty 1 Labs opère dans le domaine de la nutrition sportive et de l'innovation en performance à travers plusieurs divisions : une division avancée de suppléments sportifs, Drago Knives (fabricant de lames haut de gamme), et The Quickness (marque d'entraînement de performance axée sur la vitesse et l'agilité).
L'initiative de rebranding reflète le changement stratégique de l'entreprise au-delà de son objectif initial et vise à améliorer la visibilité sur le marché de ses lignes de produits en expansion dans les secteurs du sport, du fitness et de l'équipement tactique.
Consumer Automotive Finance Inc. (CAFI) hat den Abschluss der letzten Schritte mit der FINRA bezüglich der Änderung seines Unternehmensnamens und des Tickersymbols bekannt gegeben. Das Unternehmen erwartet, innerhalb von 30 Tagen zu Fifty 1 Labs, Inc. (FITY) zu wechseln.
Unter der Leitung des ehemaligen NFL-Spielers Brandon Spikes ist Fifty 1 Labs im Bereich Sporternährung und Leistungsinnovation tätig, und zwar durch mehrere Abteilungen: eine fortschrittliche Abteilung für Sportnahrungsergänzungsmittel, Drago Knives (Hersteller von Premium-Klingen) und The Quickness (Marke für Leistungstraining mit Schwerpunkt auf Geschwindigkeit und Agilität).
Die Rebranding-Initiative spiegelt den strategischen Wandel des Unternehmens über seinen ursprünglichen Fokus hinaus wider und zielt darauf ab, die Marktpräsenz seiner wachsenden Produktlinien in den Bereichen Sport, Fitness und taktische Ausrüstung zu verbessern.
- Strategic diversification into sports nutrition, performance training, and tactical gear markets
- Leadership by former NFL player Brandon Spikes adds industry credibility
- Multiple revenue streams through various divisions (supplements, knives, training)
- Complete departure from original automotive finance business model indicates significant business risk
- Pending regulatory approval from FINRA creates uncertainty
MELBOURNE, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- InvestorsHub NewsWire -- Consumer Automotive Finance Inc. (OTC: CAFI) is pleased to announce that it has successfully responded to all final inquiries from the Financial Industry Regulatory Authority (FINRA) regarding its corporate name and ticker symbol change. The company anticipates that the transition to Fifty 1 Labs, Inc. (OTC: FITY) will be finalized within the next 30 days.
Led by former NFL standout Brandon Spikes, Fifty 1 Labs, Inc. represents a new era of cutting-edge sports nutrition and performance innovation, aligning with the company's rapid expansion and diversified portfolio. In addition to its advanced sports supplement division, the company operates Drago Knives, a premium blade manufacturer, and The Quickness, a performance training brand focused on speed and agility.
"The rebrand to Fifty 1 Labs, Inc. reflects our evolution and commitment to redefining sports performance, nutrition, and innovation," said Brandon Spikes, President of Fifty 1 Labs, Inc. "This transition better aligns with our mission and positions us for accelerated growth in the sports and lifestyle sectors."
The anticipated name and ticker change underscore the company's strategic shift beyond its origins, ensuring greater visibility and market recognition for its expanding product lines. Management believes this move will enhance shareholder value and drive new opportunities in the sports, fitness, and tactical gear industries.
Further updates will be provided as the company receives official confirmation from FINRA.
For more information, please visit https://fifty1labs.com/.
About Fifty 1 Labs, Inc.
Consumer Automotive Finance, Inc. (OTCPK: CAFI), soon to be renamed Fifty 1 Labs, Inc., is a publicly traded company focused on sports supplementation, fitness equipment, and holistic wellness. The company operates four key subsidiaries: 51, LLC, which specializes in sports supplements; The Quickness, which offers patented athletic training equipment; Astound NMN, a leader in anti-aging and DNA repair supplements; and Drago Knives, patented knife throwing technology. Fifty 1 Labs, Inc. is also actively pursuing strategic acquisitions to expand its portfolio and drive sustainable growth.
Safe Harbor Statement:
The information provided in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Identifiable by words such as "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions, these statements may also be made in written or oral form in the company's filings with the U.S. Securities and Exchange Commission, OTC Markets, press releases, other written materials, or in oral statements made by its officers, directors, or employees to third parties. There can be no assurance that such statements will prove to be accurate. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Disclosure Statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the company's control. The company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Investor Relations Contact:
Investor Relations
877-814-4188
ir@fifty1labs.com
FAQ
When will CAFI change its name and ticker to Fifty 1 Labs (FITY)?
What are the main business divisions of CAFI (soon to be FITY)?
Who is leading CAFI's transformation to Fifty 1 Labs?
What markets will CAFI target after becoming Fifty 1 Labs?
Why is CAFI changing its name to Fifty 1 Labs?
