Naples Soap Company Changes Both Name and Stock Ticker Symbol

Rhea-AI Summary

Naples Soap Company, Inc. (OTC PINK: NASO) has announced a name change from The GNS Group, Inc. to Naples Soap Company, Inc. This change will take effect at the market opening on May 23, 2022. Additionally, the stock ticker symbol will change from GNSG to NASO. Shares will continue to trade on the Pink Market, and the CUSIP number remains unchanged. Shareholders do not need to take any action regarding this update.

Founded in 2009, Naples Soap Company offers over 300 personal care products made in the USA, available through retail locations and online.

Positive

• Name change aims to strengthen brand identity.
• New ticker symbol NASO may enhance recognition among investors.
• The company has a diverse product range with more than 300 personal care products.

Negative

• None.

NAPLES, Fla.--(BUSINESS WIRE)-- Naples Soap Company, Inc. (OTC PINK: NASO), a health and wellness brand that offers high-quality personal care products, including soap, hair, face and skin care products, announced today that the Company’s name will be changed from The GNS Group, Inc. to Naples Soap Company, Inc. In addition, the Company’s stock ticker symbol has changed from “GNSG” to “NASO” effective at the open of market trading on May 23, 2022. Company shares will trade on the Pink Market and the CUSIP number will remain the same. No action is required by Naples Soap Company, Inc shareholders with respect to this change.

About Naples Soap Company

Founded in 2009 by Deanna Wallin, Naples Soap Company is a producer of more than 300 bath, body and personal care products that are made in the USA. Products are sold at the Company’s 11 retail locations in Florida. Naples Soap Company products are sold online from the Company’s website at www.naplessoap.com, through other DTC (direct-to-consumer) channels such as Amazon.com and in more than 300 boutiques, spas and stores throughout the United States via the Company’s wholesale division. For more information about Naples Soap Company, visit www.naplessoap.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are subject to uncertainty and may not come to fruition. Readers are cautioned not to place undue reliance on any forward-looking statement including statements that list numbers and dates.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220523005344/en/

Deanna Wallin, Founder and CEO

investorrelations@naplessoap.com | (239) 325-8263

Source: Naples Soap Company

FAQ

What is the new ticker symbol for Naples Soap Company?

The new ticker symbol for Naples Soap Company is NASO.

When does the name change to Naples Soap Company take effect?

The name change takes effect on May 23, 2022.

Is any action required from Naples Soap Company shareholders due to the name change?

No action is required from shareholders regarding the name change.

What market will Naples Soap Company trade on after the name change?

Naples Soap Company will continue to trade on the Pink Market.