Superbox Inc. Announces Asset Purchase Agreement and Changes in Executive Leadership
Superbox Inc. (OTC PINK:SBOX) has announced a significant strategic move with the signing of a binding Asset Purchase Agreement with ǪK Innovation The deal includes acquiring patents for Water in Diesel Fuel Emulsion technology and related assets, along with a change in executive leadership. Key points:
1. Acquisition of intellectual property patents for 'Apparatus for Stable NanoEmulsions of Water in Diesel Fuel'
2. Acquisition of a white diesel production unit
3. Major changes in executive leadership and Board of Directors
4. Suneel Sawant remains as Chairman, with Claudio Mirella appointed as new CEO
5. Focus on strengthening position in the Fuel Emulsion market and Clean Energy solutions
This strategic move aims to enhance Superbox's market presence in the green energy sector and expand its product and service offerings.
Superbox Inc. (OTC PINK:SBOX) ha annunciato un'importante mossa strategica con la firma di un accordo vincolante di acquisto di beni con ǪK Innovation. L'accordo prevede l'acquisizione di brevetti per la tecnologia dell'emulsione di acqua nel carburante diesel e beni correlati, oltre a un cambiamento nella leadership esecutiva. Punti chiave:
1. Acquisizione di brevetti di proprietà intellettuale per 'Apparato per Nanoemulsioni Stabili di Acqua nel Carburante Diesel'
2. Acquisizione di un'unità di produzione di diesel bianco
3. Cambiamenti significativi nella leadership esecutiva e nel Consiglio di Amministrazione
4. Suneel Sawant rimane Chairman, con Claudio Mirella nominato nuovo CEO
5. Focus sul rafforzamento della posizione nel mercato delle emulsioni di carburante e nelle soluzioni di energia pulita
Questa mossa strategica mira a migliorare la presenza di Superbox nel settore dell'energia verde ed espandere la sua offerta di prodotti e servizi.
Superbox Inc. (OTC PINK:SBOX) ha anunciado un importante movimiento estratégico con la firma de un acuerdo vinculante de compra de activos con ǪK Innovation. El acuerdo incluye la adquisición de patentes para la tecnología de emulsión de agua en combustible diésel y activos relacionados, además de un cambio en el liderazgo ejecutivo. Puntos clave:
1. Adquisición de patentes de propiedad intelectual para 'Aparato para Nanoemulsiones Estables de Agua en Combustible Diésel'
2. Adquisición de una unidad de producción de diésel blanco
3. Cambios importantes en el liderazgo ejecutivo y en la Junta Directiva
4. Suneel Sawant se mantiene como Presidente, con Claudio Mirella nombrado nuevo CEO
5. Enfoque en fortalecer la posición en el mercado de emulsiones de combustible y soluciones de energía limpia
Este movimiento estratégico tiene como objetivo mejorar la presencia de Superbox en el sector de energía verde y expandir su oferta de productos y servicios.
수퍼박스 주식회사 (OTC PINK:SBOX)가 ǪK 이노베이션과의 구속력 있는 자산 구매 계약 체결로 중요한 전략적 조치를 발표했습니다. 이 계약에는 디젤 연료에서의 물 에멀젼 기술에 대한 특허 및 관련 자산의 인수가 포함되며, 경영진 리더십의 변화도 포함됩니다. 주요 사항:
1. '디젤 연료에서의 물에 대한 안정적인 나노에멀젼 장치'의 지적 재산 특허 인수
2. 화이트 디젤 생산 유닛 인수
3. 경영진 및 이사회에서의 중대한 변화
4. 수니일 사완트가 의장으로 남고 클라우디오 미렐라가 새로운 CEO로 임명됨
5. 연료 에멀젼 시장 및 청정 에너지 솔루션에서의 입지 강화에 집중
이번 전략적 조치는 수퍼박스의 녹색 에너지 분야에서의 시장 존재성을 강화하고 제품 및 서비스 제공을 확장할 것을 목표로 하고 있습니다.
Superbox Inc. (OTC PINK:SBOX) a annoncé un mouvement stratégique significatif avec la signature d'un accord d'achat d'actifs contraignant avec ǪK Innovation. L'accord comprend l'acquisition de brevets pour la technologie d'émulsion de l'eau dans le carburant diesel et des actifs connexes, ainsi qu'un changement dans la direction exécutive. Points clés:
1. Acquisition des brevets de propriété intellectuelle pour 'Appareil pour des nanoémulsions stables d'eau dans le carburant diesel'
2. Acquisition d'une unité de production de diesel blanc
3. Changements majeurs au niveau de la direction exécutive et du conseil d'administration
4. Suneel Sawant reste président, avec Claudio Mirella nommé nouveau PDG
5. Accent mis sur le renforcement de la position sur le marché des émulsions de carburant et des solutions d'énergie propre
Ce mouvement stratégique vise à renforcer la présence de Superbox dans le secteur de l'énergie verte et à élargir son offre de produits et de services.
Superbox Inc. (OTC PINK:SBOX) hat einen bedeutenden strategischen Schritt mit der Unterzeichnung eines verbindlichen Vermögensübertragungsvertrags mit ǪK Innovation angekündigt. Der Deal umfasst den Erwerb von Patenten für die Emulsionstechnologie von Wasser im Diesel-Kraftstoff und damit verbundene Vermögenswerte sowie einen Wechsel in der Führungsetage. Wichtige Punkte:
1. Erwerb von Patenten für 'Geräte zur stabilen Nanoemulsion von Wasser im Dieselkraftstoff'
2. Erwerb einer Produktionsanlage für weißen Diesel
3. Wichtige Veränderungen in der Unternehmensführung und im Vorstand
4. Suneel Sawant bleibt Vorsitzender, während Claudio Mirella als neuer CEO ernannt wird
5. Fokussierung auf die Stärkung der Position im Markt für Kraftstoffe und saubere Energielösungen
Dieser strategische Schritt zielt darauf ab, die Marktpräsenz von Superbox im Bereich erneuerbare Energien zu verbessern und das Produkt- und Dienstleistungsangebot zu erweitern.
- Acquisition of valuable patents for Water in Diesel Fuel Emulsion technology
- Acquisition of a white diesel production unit, granting full rights to sales, manufacturing, and services
- Strategic positioning in the Transition and Green Energy sectors
- Potential for expanded market presence and impact in the green energy sector
- Appointment of new executive team with relevant expertise
- Significant changes in executive leadership may lead to temporary operational disruptions
- Potential integration challenges with newly acquired assets and technologies
- Execution risks associated with entering new markets and technologies
MIAMI, FL / ACCESSWIRE / July 30, 2024 / Superbox, Inc. (OTC PINK:SBOX) ("Superbox" or the "Company"), a Nevada corporation headquartered at West Palm Beach, Florida, and a leading company in Green Energy and Transition Technologies, announced today that it has entered into a binding Asset Purchase Agreement with ǪK Innovation Ltd, a corporation located in London, UK.
This agreement, involves acquiring the patents for Water in Diesel Fuel Emulsion industry-related and assets and entails a change of control of the Company's Executives and Directors.
By means of this transaction, Superbox aims to significantly strengthen its corporate structure, positioning itself in the Fuel Emulsion market globally while continuing its commitment to spreading and developing Clean Energy solutions.
Asset Purchase Agreement: Asset Purchase Agreement: Superbox has agreed to exclusively acquire the entire intellectual property patents for the "Apparatus for Stable NanoEmulsions of Water in Diesel Fuel", a patented technology.
This strategic acquisition represents a significant move into the Transition and Green Energy sectors for Superbox. In addition to obtaining patents, Superbox has also acquired a white diesel production unit, granting them full rights to sales, manufacturing, and services in this area.
This acquisition strengthens Superbox's commitment to improving its Energy products and services, with the goal of expanding its market presence in the green sector. By enhancing and cultivating the company's relationships and partnerships, Superbox aims to broaden its reach and impact. The transaction is expected to be finalized pending the fulfillment of standard closing conditions.
Change in Executive Leadership: Alongside the asset purchase, there will be significant changes in the executive leadership team and the Board of Directors at Superbox, Inc.
Resigning Officers and Directors:
Suneel Anant Sawant, Chairman, President and Director
Vinnay Kumar Reddy Sarikonda, Director
Michele Collini, Director
Appointed Officers and Directors:
Suneel Sawant, Chairman of the Board and Director
Claudio Mirella, CEO and Director
Andrea Piazzoli, Executive President and Director
Bruno Polistina, CFO and Director
Daniele De Molli, COO and Director
Samuele Lucchini, Independent Director
Enrico Fumagalli, CTO
Statement from the Chairman: "I am thrilled to announce our recent asset purchase, which marks a significant milestone in our growth strategy. This acquisition not only expands our market presence but also brings in on board a talented team from ǪK Innovation Ltd., who will add invaluable expertise and innovation to our company culture.
Additionally, I am pleased to introduce Claudio Mirella as the new CEO of Superbox Inc. Claudio, along with our new Board and Governance team members, brings a wealth of experience and vision that align perfectly with our strategic objectives moving forward. This new chapter promises tremendous opportunities for collaboration, innovation, and growth. I encourage our shareholders to warmly welcome our new colleagues and embrace the fresh perspectives they bring. Together, we are poised to achieve great goals and strengthen our position in the market of the transition Energy. Let's join together in celebrating this milestone and looking forward to a successful future together."
About Superbox, Inc.: Superbox is a company focused on cutting-edge transition technologies related to the Fuel sector. Highly specialized in the field of alternative fuels, aimed at deep emissions reduction and decarburization of various fuels, the Company continuously strives to innovate with the ultimate goal to a zero-carbon footprint. At present, the Company holds patented and internationally applied technologies. The Company's technologies are related mainly to Nano Emulsions Fuels, but the Company is actually finalizing innovative research on desulfurization of Fuels and waste to energy solutions using both urban and several industrial wastes.
Forward-Looking Statements: 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 financing and other risks.
CONTACT:
Cygna Finance Ltd, Listing agent
ejc@cygna.finance
SOURCE: Superbox, Inc.
View the original press release on accesswire.com
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