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Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process

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Kona Gold Beverages, Inc. changes its name to NuVibe, Inc. and applies for a new ticker symbol VIBE, signaling a strategic shift towards diversified growth. The company will host an open house to introduce the new management team and facilities, while also engaging in negotiations for potential partnerships. NuVibe, Inc. aims to revitalize its image and enhance shareholder value through transparency and inclusivity.
Kona Gold Beverages, Inc. cambia il suo nome in NuVibe, Inc. e richiede un nuovo simbolo di borsa, VIBE, segnalando un cambio strategico verso una crescita diversificata. La compagnia organizzerà una giornata di porte aperte per presentare il nuovo team di gestione e le strutture, e contemporaneamente si impegnerà in trattative per potenziali partnership. NuVibe, Inc. mira a rivitalizzare la propria immagine ed aumentare il valore per gli azionisti attraverso trasparenza e inclusività.
Kona Gold Beverages, Inc. cambia su nombre a NuVibe, Inc. y solicita un nuevo símbolo bursátil, VIBE, señalando un cambio estratégico hacia un crecimiento diversificado. La compañía organizará una jornada de puertas abiertas para presentar el nuevo equipo de gestión y las instalaciones, y al mismo tiempo, negociará posibles asociaciones. NuVibe, Inc. busca revitalizar su imagen y mejorar el valor para los accionistas mediante la transparencia y la inclusividad.
Kona Gold Beverages, Inc.가 이름을 NuVibe, Inc.로 변경하고 새로운 티커 심벌 VIBE를 적용하여 다양한 성장을 향한 전략적 전환을 알렸습니다. 이 회사는 새로운 경영 팀과 시설을 소개하기 위해 공개 행사를 주최할 예정이며, 잠재적 파트너십에 대한 협상에도 참여할 것입니다. NuVibe, Inc.는 투명성과 포용성을 통해 이미지를 새롭게 하고 주주 가치를 증진하려고 합니다.
Kona Gold Beverages, Inc. change son nom pour NuVibe, Inc. et demande un nouveau symbole de ticker, VIBE, signalant un changement stratégique vers une croissance diversifiée. L’entreprise organisera une journée portes ouvertes pour présenter la nouvelle équipe de gestion et les installations, tout en négociant des partenariats potentiels. NuVibe, Inc. vise à revitaliser son image et à améliorer la valeur pour les actionnaires par le biais de la transparence et de l'inclusivité.
Kona Gold Beverages, Inc. ändert seinen Namen in NuVibe, Inc. und beantragt das neue Börsensymbol VIBE, was einen strategischen Wandel hin zu diversifiziertem Wachstum signalisiert. Das Unternehmen wird einen Tag der offenen Tür veranstalten, um das neue Managementteam und die Einrichtungen vorzustellen sowie gleichzeitig in Verhandlungen über potenzielle Partnerschaften einzutreten. NuVibe, Inc. zielt darauf ab, sein Image zu revitalisieren und den Wert für die Aktionäre durch Transparenz und Inklusivität zu steigern.
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Company Will Host Open House to Introduce New Management Team and Facilities

MELBOURNE, Fla., April 25, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a leading holding company specializing in innovative product development within the better-for-you and functional beverage sector, today announced that its board of directors and majority shareholders have approved a name change for the company. The process to change the company's name to NuVibe, Inc. and apply for the new ticker symbol VIBE has commenced following approval by the board of directors and majority of shareholders.

The decision to rebrand reflects NuVibe's strategic evolution into a diversified holding company, positioning itself for substantial growth and success across multiple sectors. This change marks a significant milestone for the company as it aims to reshape its identity and distance itself from prior associations and outdated affiliations.

NuVibe, Inc. will now initiate the official process with the Financial Industry Regulatory Authority (FINRA) to apply for the new ticker symbol, VIBE, reflecting the rebranding efforts. Additionally, the company has retained legal counsel to assist in executing the name and symbol change with FINRA. The legal team will also handle the application for the new name with the Secretary of State of Delaware to formalize the transition.

"As NuVibe, Inc., we are excited to embark on this transformative journey," said Brandon White, President of NuVibe, Inc. "Our decision to rebrand reflects our strategic vision and commitment to innovation. We believe that this new identity will better resonate with our stakeholders and symbolize our future direction."

The current subsidiaries of NuVibe, Inc. will remain intact and retain their current names. This decision aims to avoid any confusion and maintain the established identities of these subsidiaries within their respective markets.

"We are actively engaging in negotiations with several revenue-generating companies that demonstrate synergies with our existing subsidiaries," White continued. "These potential partnerships align with our growth strategy and underscore our commitment to expanding our portfolio strategically."

The rebranding initiative underscores NuVibe's evolution into a diversified holding company, poised for growth and success across multiple sectors. The company is confident that the new name and ticker symbol will better represent its progressive outlook and strategic objectives.

"This name change will propel our company forward, giving us a revitalized look and positioning us for enhanced visibility and growth opportunities," added White. "We are committed to driving value for our shareholders and stakeholders as we enter this exciting new chapter."

In conjunction with these changes, NuVibe, Inc. is pleased to announce plans to host an open house at its new facilities once the name and symbol change becomes effective with FINRA. This event will provide shareholders with the opportunity to meet the new management team in person and witness the company's operations firsthand, fostering inclusivity and transparency within the shareholder community.

"We believe it is important for our shareholders to meet our new management team and see our operations directly, so all shareholders feel included and informed," said Brandon White, President of NuVibe, Inc. "This open house will signify our commitment to transparency and shareholder engagement as we embark on this exciting new chapter."

Additionally, NuVibe, Inc. has purchased the domain nuvibe.co and is currently developing a new website that will reflect its new direction and instill confidence in its shareholders. The marketing team is focused on creating a platform that embodies the company's values and showcases its vision for the future.

"We are ready to shed all past negativity and show our shareholders that this new regime is transparent and truly values their input," White continued.

The company asks for patience during this transitional period. The website development is being expedited to ensure its quality and effectiveness. NuVibe, Inc. is excited to unveil the new website once it is perfected, reflecting the company's new direction and values.

"We are dedicated to creating a website that truly represents our vision and instills confidence in our shareholders," added White.

Furthermore, the management team is enthusiastic about meeting shareholders face to face during the open house and is prepared to dedicate ample time to answering any questions or concerns they may have. NuVibe, Inc. values the opinions of its shareholders and views this interaction as an essential step in building strong relationships.

"We look forward to engaging directly with our shareholders and addressing any inquiries they may have," emphasized White. "Your input is invaluable to us as we navigate this transition and pursue our ambitious goals."

The company's website and social media profiles will be updated to reflect the new name and brand identity once the changes are officially approved.

NuVibe, Inc. is a diversified holding company focused on innovation, growth, and value creation across multiple industries. With a commitment to excellence and a forward- looking approach, NuVibe is dedicated to driving success and delivering transformative experiences to its stakeholders.

Investor Relations Contact:
Phone: 844-714-2224
Email: investorrelations@konagoldbeverage.com

Cision View original content:https://www.prnewswire.com/news-releases/kona-gold-beverages-inc-announces-name-change-to-nuvibe-inc-and-initiation-of-ticker-symbol-application-process-302127549.html

SOURCE Kona Gold Beverage, Inc.

FAQ

What is the new name of Kona Gold Beverages, Inc.?

The new name of Kona Gold Beverages, Inc. is NuVibe, Inc.

What is the new ticker symbol applied for by NuVibe, Inc.?

NuVibe, Inc. has applied for the new ticker symbol VIBE.

What strategic shift is NuVibe, Inc. signaling with the name change and new ticker symbol application?

NuVibe, Inc. is signaling a strategic shift towards diversified growth with the name change and new ticker symbol application.

What event will NuVibe, Inc. host to introduce the new management team and facilities?

NuVibe, Inc. will host an open house to introduce the new management team and facilities.

What is the focus of NuVibe, Inc.'s marketing team in developing a new website?

NuVibe, Inc.'s marketing team is focused on creating a platform that embodies the company's values and showcases its vision for the future.

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