Consumer Automotive Finance, Inc. (OTC: CAFI) Files Form 15c2-11 to Enhance Transparency and Compliance
Consumer Automotive Finance (OTC: CAFI) has announced two significant corporate developments. First, the company has filed Form 15c2-11 with the SEC to enhance financial transparency and maintain its OTC Markets quotation. This filing aims to provide comprehensive financial information to stakeholders and improve corporate governance.
Second, CAFI is undergoing a strategic rebranding, changing its name to Fifty 1 Labs, Inc. with a new ticker symbol FITY. This change aligns with the company's focus on health, fitness, and wellness, including its '51' sports supplement brand featuring pre-workout and BCAA products, along with subsidiaries in wellness solutions, athletic equipment, and anti-aging products.
Consumer Automotive Finance (OTC: CAFI) ha annunciato due significativi sviluppi aziendali. Innanzitutto, la società ha presentato il Modulo 15c2-11 alla SEC per migliorare la trasparenza finanziaria e mantenere la sua quotazione nei mercati OTC. Questa presentazione mira a fornire informazioni finanziarie complete agli stakeholder e migliorare la governance aziendale.
In secondo luogo, CAFI sta attuando un rebranding strategico, cambiando il suo nome in Fifty 1 Labs, Inc. con un nuovo simbolo di borsa FITY. Questo cambiamento è in linea con il focus dell'azienda su salute, fitness e benessere, inclusa la sua marca di integratori sportivi '51' che offre prodotti pre-allenamento e BCAA, insieme a filiali nel settore delle soluzioni per il benessere, attrezzature sportive e prodotti anti-invecchiamento.
Consumer Automotive Finance (OTC: CAFI) ha anunciado dos importantes desarrollos corporativos. Primero, la empresa ha presentado el Formulario 15c2-11 ante la SEC para mejorar la transparencia financiera y mantener su cotización en los mercados OTC. Esta presentación tiene como objetivo proporcionar información financiera integral a las partes interesadas y mejorar la gobernanza corporativa.
En segundo lugar, CAFI está llevando a cabo un rebranding estratégico, cambiando su nombre a Fifty 1 Labs, Inc. con un nuevo símbolo bursátil FITY. Este cambio se alinea con el enfoque de la empresa en salud, fitness y bienestar, incluido su marca de suplementos deportivos '51' que presenta productos pre-entrenamiento y BCAA, junto con subsidiarias en soluciones de bienestar, equipos atléticos y productos anti-envejecimiento.
Consumer Automotive Finance (OTC: CAFI)는 두 가지 중요한 기업 개발을 발표했습니다. 첫째, 회사는 SEC에 15c2-11 양식을 제출하여 재무 투명성을 높이고 OTC 시장에서의 상장을 유지할 계획입니다. 이 제출은 이해관계자에게 포괄적인 재정 정보를 제공하고 기업 거버넌스를 개선하는 것을 목표로 합니다.
둘째, CAFI는 전략적 리브랜딩을 진행하여 이름을 Fifty 1 Labs, Inc.로 변경하고 새로운 티커 기호 FITY를 도입합니다. 이 변화는 회사의 건강, 피트니스 및 웰빙에 대한 초점과 일치하며, '51' 스포츠 보충제 브랜드가 포함되어 있어 프리 워크아웃 및 BCAA 제품을 제공하고 있으며, 웰빙 솔루션, 운동 장비 및 노화 방지 제품의 자회사를 운영하고 있습니다.
Consumer Automotive Finance (OTC: CAFI) a annoncé deux développements corporatifs importants. Tout d'abord, l'entreprise a déposé le formulaire 15c2-11 auprès de la SEC pour améliorer la transparence financière et maintenir sa cotation sur les marchés OTC. Ce dépôt vise à fournir des informations financières complètes aux parties prenantes et à améliorer la gouvernance d'entreprise.
Deuxièmement, CAFI est en train de procéder à un rebranding stratégique, changeant son nom en Fifty 1 Labs, Inc. avec un nouveau symbole boursier FITY. Ce changement est en phase avec l'orientation de l'entreprise vers la santé, le fitness et le bien-être, y compris sa marque de suppléments sportifs '51' proposant des produits pré-entraînement et des BCAA, ainsi que des filiales dans les solutions de bien-être, l'équipement athlétique et les produits anti-âge.
Consumer Automotive Finance (OTC: CAFI) hat zwei bedeutende Unternehmensentwicklungen bekannt gegeben. Zunächst hat das Unternehmen das Formular 15c2-11 bei der SEC eingereicht, um die finanzielle Transparenz zu verbessern und seine OTC-Marktnotierung aufrechtzuerhalten. Diese Einreichung zielt darauf ab, umfassende Finanzinformationen an die Stakeholder bereitzustellen und die Unternehmensführung zu verbessern.
Zweitens durchläuft CAFI ein strategisches Rebranding und ändert seinen Namen in Fifty 1 Labs, Inc. mit einem neuen Börsensymbol FITY. Diese Änderung steht im Einklang mit dem Schwerpunkt des Unternehmens auf Gesundheit, Fitness und Wohlbefinden und umfasst die '51' Sportnahrungsergänzungsmarke mit Pre-Workout- und BCAA-Produkten sowie Tochtergesellschaften in den Bereichen Wellness-Lösungen, Sportausrüstung und Anti-Aging-Produkte.
- Filed Form 15c2-11 to maintain OTC Markets quotation and enhance transparency
- Strategic rebranding aligned with current business focus
- Expansion into sports supplement, fitness equipment, and wellness industries
- None.
Company Announces Pending Name and Ticker Symbol Change to Fifty 1 Labs, Inc. (OTC: FITY)
MELBOURNE, Fla., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Consumer Automotive Finance, Inc. (OTC: CAFI), a diversified company operating in the sports supplement, fitness equipment, and health and wellness industries, is pleased to announce two key developments in its corporate evolution:
Filing of Form 15c2-11 to Enhance Transparency and Compliance:
The company has filed Form 15c2-11 with the U.S. Securities and Exchange Commission (SEC), marking a significant step toward improving its financial transparency and compliance. This filing is required by the SEC to enable a company to maintain its quotation on the Over-the-Counter (OTC) Markets. By meeting these regulatory standards, Consumer Automotive Finance, Inc. aims to provide accurate, complete, and timely financial information to the public.
The filing aligns with the company's ongoing commitment to improving shareholder communication and corporate governance. It ensures that investors, analysts, and regulators have clear insights into the company's financial health, operations, and strategic direction.
"We are excited to take this step towards enhancing our corporate governance and financial transparency," said Robert Clark, CEO of Consumer Automotive Finance, Inc. "Filing Form 15c2-11 reflects our commitment to building long-term value for our shareholders and ensuring that we adhere to the highest standards of regulatory compliance. This move will provide greater clarity and confidence to our investors as we continue to grow our business and expand into new markets."
Pending Name and Ticker Symbol Change to Fifty 1 Labs, Inc. (OTC: FITY):
As part of its long-term strategy, Consumer Automotive Finance, Inc. is finalizing a strategic rebranding, which includes a corporate name change to Fifty 1 Labs, Inc. and a new ticker symbol, FITY. This rebranding reflects the company's expanded focus on innovation in health, fitness, and wellness.
The name change accompanies the launch of the company's "51" sports supplement brand, featuring pre-workout and BCAA products, as well as its subsidiaries specializing in wellness solutions, athletic equipment, and anti-aging products.
"The name change to Fifty 1 Labs, Inc. symbolizes a new chapter in our company's transformation," added Clark. "This rebranding reflects our dedication to delivering cutting-edge solutions and creating value for our shareholders."
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
844-714-2224
ir@fifty1labs.com
FAQ
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