SuperBox, Inc. Announces a Merger

Rhea-AI Summary

SuperBox, Inc (OTC PINK: SBOX) has announced a merger with QuantumKore Innovation, Inc, focusing on green technologies aimed at decarbonization and waste conversion in the energy sector. This merger will create an industry leader in green technology, with headquarters in New York. The combined entity is expected to increase job creation and contribute significantly to combating climate change. Chairman Neel Sawant emphasizes the goal of worldwide expansion and distribution of green technology. However, the announcement includes forward-looking statements that indicate potential risks.

Positive

• Merger with QuantumKore aims to create an industry leader in green technology.
• Focus on decarbonization and waste conversion processes may enhance market position.
• Expected job creation and potential for global distribution of green technologies.

Negative

• Forward-looking statements highlight risks and uncertainties related to market conditions.
• Actual results may differ from expectations due to competitive factors.

NEW YORK, NY / ACCESSWIRE / July 26, 2022 / SuperBox, Inc (OTC PINK:SBOX) a Nevada company and QuantumKore Innovation, Inc., a Delaware company, announce Merger

This is important news for the advancement of green technology and a cleaner environment.

SuperBox, Inc (OTC Pink: SBOX) is to be merged with Quantumkore Innovation, Inc.; an enterprising company with a bright future in green technologies. QuantumKore Innovation, Inc. is focused on cutting-edge transition technologies related to the decarbonisation and the waste conversion process in the energy sector. The merger was announced today. Neel Sawant (Chairman of the combined company) said "This will create an industry leader in Green Technology. The combined company will operate under the name of QuantumKore Innovation, Inc". The headquarters for the combined company will be in New York.

The merger will create jobs and will be a major player in the Green Technology for a Cleaner Environment.

Neel Sawant is looking to expand and distribute Green Technology worldwide.

QuantumKore Innovation, Inc will play a major role in the battle against climate change.

Forward-Looking Statement:

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "Believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

Contact:

info@qkinnovation.com

SOURCE: SuperBox, Inc.

View source version on accesswire.com:
https://www.accesswire.com/709813/SuperBox-Inc-Announces-a-Merger

FAQ

What are the details of the SuperBox and QuantumKore merger?

SuperBox is merging with QuantumKore to create an industry leader in green technology, focusing on decarbonization and waste conversion.

How will the merger impact SBOX shareholders?

The merger may enhance the market position of SBOX by creating a leading green technology company, though it also presents risks.

When will the combined company operate under QuantumKore Innovation, Inc.?

The merger has been announced, and the combined company will operate under the name QuantumKore Innovation, Inc. following the merger completion.

What is the strategic importance of the merger for SBOX?

This merger positions SBOX to capitalize on emerging opportunities in green technology and contribute significantly to environmental sustainability.