Welcome to our dedicated page for SINGLEPOINT news (Ticker: SING), a resource for investors and traders seeking the latest updates and insights on SINGLEPOINT stock.
SinglePoint Inc. (Cboe: SING) is a leader in the renewable energy and sustainable lifestyle sectors. Headquartered in Phoenix, Arizona, the company focuses on solar power solutions and indoor air purification through its subsidiaries, aiming to create the largest vertically integrated network for solar panel marketing and installation in both residential and commercial markets.
One of the primary subsidiaries, Boston Solar, has been instrumental in driving the company's solar business forward. Since its acquisition in 2022, Boston Solar has seen significant growth, installing over 5,000 residential and commercial solar arrays in New England, primarily in Massachusetts. The company has a robust pipeline of commercial projects with notable clients like Fenway Park, federal agencies, and luxury hotel chains. The commercial side is expected to drive substantial revenue growth in 2024.
In addition to solar energy, SinglePoint's subsidiary BOX Pure Air focuses on indoor air quality solutions, addressing the need for air purification in schools and offices. The company is also exploring future growth opportunities in energy storage, electric vehicle charging, and solar as a subscription service.
Recently, SinglePoint completed an underwritten public offering, raising $4 million by offering 800,000 shares at $5.00 per share. The proceeds are planned to be used for corporate purposes and to repay debt. The company has also shifted its trading to the Cboe BZX Exchange under the ticker symbol 'SING'.
CEO Wil Ralston is optimistic about the company's future, emphasizing strategic acquisitions and partnerships aimed at enhancing shareholder value. SinglePoint's listing on the Cboe BZX Exchange and its successful projects position it well for future growth and profitability.
SinglePoint Inc. (OTC-PINK:SING) will present at the Emerging Growth Conference on March 8, 2023, at 12:35 PM Eastern time. The presentation, led by CEO Wil Ralston, offers investors an interactive platform to engage directly with the company. Attendees can submit questions in advance or ask during the presentation, scheduled to last approximately 30 minutes. For those who cannot attend live, an archived version will be available on EmergingGrowth.com and YouTube. Registration for the event is recommended to receive updates.
SinglePoint (SING) announced a partnership with Public, allowing retail investors access to clean energy programming directly from company leadership. The initiative aims to provide comprehensive content on renewable energy, catering to the demand for contextual information among retail investors. A recent survey highlighted that 62% of investors seek better understanding of industry operations. The partnership includes regular updates from SinglePoint’s leadership, enhancing transparency, which is vital for 89% of surveyed investors. SinglePoint is preparing for an uplisting to a national exchange, leveraging this collaboration to connect with its 34,000 shareholders.
SinglePoint Inc. (OTC-PINK:SING), a renewable energy provider, shared insights on its growth during a recent interview with CEO Wil Ralston at Global One Media. The company reported an impressive revenue increase from under $1 million in 2021 to approximately $25 million last year, driven by strategic acquisitions in renewable energy and indoor air quality. SinglePoint offers a comprehensive platform for solar energy and air purification, serving commercial, government, and residential clients. With significant engagement from consumers and government support, the company aims to expand its footprint and capitalize on sustainable solutions.
On February 6, 2023, SinglePoint announced the trading launch of its spinoff, 1606 Corp. (OTC:CBDW), which was formed as a 1-for-1 distribution to shareholders of SinglePoint. 1606 Corp. focuses on health and wellness products, consolidating the fragmented CBD industry through acquisitions. CEO Wil Ralston expressed optimism about the spinoff, citing opportunities for revenue growth and profit margin improvement. SinglePoint aims to streamline operations and concentrate on its core business in solar energy and indoor air purification, leveraging federal funding for sustainable solutions.
SinglePoint, Inc. (OTCQB: SING) announced that its subsidiary, BPA Solutions, successfully delivered an initial order of Certified HEPA AIRBOX air purification units to a North Carolina university. This transaction highlights the company's commitment to improving indoor air quality (IAQ) in educational institutions. The AIRBOX units are manufactured in Statesville, North Carolina, and are certified 'Made in the USA'. BPA Solutions capitalizes on federal funding programs like ESSER and EANS to assist schools in acquiring air purification solutions. This initial order underscores the growing demand for quality air purification systems in schools.
SinglePoint, through its subsidiary BPA Solutions, announced the fulfillment of a tenth purchase order of Certified HEPA AirBox air purification units for schools participating in California's EANS program. This initiative showcases the company's role in improving indoor air quality (IAQ). BPA Solutions, led by CEO Ryan Cowell, emphasizes its commitment to enhancing school environments. The air purifiers are certified 'Made in the USA' and utilize high-quality components and filtration technology. The company aims to expand its market presence by providing solutions that cater to federal funding opportunities.
SinglePoint, Inc. (OTCQB: SING) announced that its subsidiary, BPA Solutions, has received an order for twenty Certified HEPA AirBox air purification units from a university in North Carolina. This marks a continued partnership focused on enhancing indoor air quality (IAQ) across the campus. Ryan Cowell, CEO of BPA Solutions, emphasized the importance of client satisfaction as the university has made multiple orders. The AirBox units are manufactured in Statesville, North Carolina, promoting local production. BPA Solutions is experienced in implementing air purification solutions, leveraging federal funding for schools.
SinglePoint, Inc. (OTCQB: SING) recently participated in an interview on The Uncaged Show, discussing its role in promoting sustainable solutions in solar energy and indoor air quality. The company reported impressive revenue growth from below $1 million in 2021 to approximately $25 million in the last fiscal year. With the backing of the Inflation Reduction Act, which raised solar tax credits to 30%, and $121 billion allocated for indoor air services in K-12 schools, SinglePoint is well-positioned to expand its market. The CEO, Wil Ralston, emphasized the importance of adaptability and decision-making in navigating market challenges while pursuing growth and acquisition strategies.
SinglePoint's subsidiary, BPA Solutions, recently demonstrated its LifeShield+ ballistic door panel, which withstood all 15 shots from three different firearms during testing. The panel is designed to provide enhanced safety for schools and is available in two levels of protection, UL 752 Level 2 or 3. The demonstration showcased the product's capabilities and highlighted BPA Solutions' commitment to supplying schools with effective safety solutions using existing funding sources like ESSER and EANS.
The Biden administration has extended the COVID-19 Public Health Emergency, allowing states to access additional funding for improving indoor air quality (IAQ) through FEMA. SinglePoint's subsidiary, BPA Solutions, can now help schools and communities utilize up to $1 million in funding per qualified location for HVAC upgrades and air purification systems. The extension is part of ongoing efforts to mitigate COVID-19 transmission and enhance overall health safety. BPA Solutions aims to position itself as a key provider of IAQ solutions amid increased federal support for clean air initiatives.
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