The Alkaline Water Company Announces Strategic Equipment Acquisition Letter of Intent
The Alkaline Water Company (OTC: WTER) has announced signing a Letter of Intent with FZA Note Buyers for a strategic equipment acquisition. The proposed transaction involves issuing 34 million shares of restricted common stock subject to a 12-month lock-up period, ensuring no immediate impact on the company's public float or trading dynamics.
The company projects cost savings and operational improvements of up to $2 million during the first year of operations through vertical integration and improved efficiencies. Following facility lease securing and due diligence completion, WTER plans a 30-day implementation timeline for equipment integration into its production infrastructure.
This acquisition would complement WTER's recent inventory agreement and aims to enhance production capabilities while preserving cash position. The company emphasizes that the restricted shares won't affect current market trading conditions during the lock-up period.
La Alkaline Water Company (OTC: WTER) ha annunciato di aver firmato una Lettera di Intenti con gli Acquirenti di Note FZA per un'acquisizione strategica di attrezzature. La transazione proposta prevede l'emissione di 34 milioni di azioni di azioni comuni ristrette soggette a un periodo di lock-up di 12 mesi, garantendo nessun impatto immediato sul flottante pubblico dell'azienda o sulle dinamiche di trading.
L'azienda prevede risparmi sui costi e miglioramenti operativi fino a 2 milioni di dollari durante il primo anno di operazioni grazie all'integrazione verticale e a efficienze migliorate. Dopo aver assicurato il contratto di locazione della struttura e completato la due diligence, WTER prevede un periodo di implementazione di 30 giorni per l'integrazione delle attrezzature nella sua infrastruttura produttiva.
Questa acquisizione completerebbe il recente accordo di inventario di WTER e mira a migliorare le capacità produttive mantenendo la posizione di liquidità. L'azienda sottolinea che le azioni ristrette non influenzeranno le attuali condizioni di trading del mercato durante il periodo di lock-up.
La Alkaline Water Company (OTC: WTER) ha anunciado la firma de una Carta de Intención con los Compradores de Notas FZA para una adquisición estratégica de equipos. La transacción propuesta implica la emisión de 34 millones de acciones comunes restringidas sujeta a un período de bloqueo de 12 meses, asegurando que no haya un impacto inmediato en el flotante público de la empresa o en la dinámica del comercio.
La empresa proyecta ahorros de costos y mejoras operativas de hasta 2 millones de dólares durante el primer año de operaciones mediante la integración vertical y mejoras en la eficiencia. Tras asegurar el contrato de arrendamiento de la instalación y completar la debida diligencia, WTER planea un cronograma de implementación de 30 días para la integración de equipos en su infraestructura de producción.
Esta adquisición complementaría el reciente acuerdo de inventario de WTER y tiene como objetivo mejorar las capacidades de producción manteniendo la posición de efectivo. La empresa enfatiza que las acciones restringidas no afectarán las condiciones actuales del comercio en el mercado durante el período de bloqueo.
알칼리수 회사 (OTC: WTER)가 FZA 노트 구매자와 전략적 장비 인수에 대한 의향서를 체결했다고 발표했습니다. 제안된 거래는 3,400만 주의 제한된 보통주를 발행하는 것과 관련이 있으며, 이는 12개월의 잠금 기간이 적용되어 회사의 공개 유동성이나 거래 역학에 즉각적인 영향을 미치지 않습니다.
회사는 수직 통합 및 개선된 효율성을 통해 첫 해에 최대 200만 달러의 비용 절감 및 운영 개선을 예상하고 있습니다. 시설 임대 계약 체결 및 실사 완료 후, WTER는 장비를 생산 인프라에 통합하기 위한 30일의 구현 일정을 계획하고 있습니다.
이번 인수는 WTER의 최근 재고 계약을 보완하며, 현금 위치를 유지하면서 생산 능력을 향상시키는 것을 목표로 하고 있습니다. 회사는 제한된 주식이 잠금 기간 동안 현재 시장 거래 조건에 영향을 미치지 않을 것이라고 강조합니다.
La Alkaline Water Company (OTC: WTER) a annoncé la signature d'une Lettre d'Intention avec les Acheteurs de Notes FZA pour une acquisition stratégique d'équipements. La transaction proposée implique l'émission de 34 millions d'actions ordinaires restreintes soumise à une période de blocage de 12 mois, garantissant qu'il n'y aura pas d'impact immédiat sur la flottabilité publique de l'entreprise ou sur la dynamique de trading.
La société prévoit des économies de coûts et des améliorations opérationnelles allant jusqu'à 2 millions de dollars au cours de la première année d'exploitation grâce à l'intégration verticale et à l'amélioration de l'efficacité. Après avoir sécurisé le bail des installations et complété la diligence raisonnable, WTER prévoit un calendrier de mise en œuvre de 30 jours pour l'intégration des équipements dans son infrastructure de production.
Cette acquisition compléterait le récent accord d'inventaire de WTER et vise à améliorer les capacités de production tout en préservant la position de liquidité. La société souligne que les actions restreintes n'affecteront pas les conditions de trading actuelles sur le marché pendant la période de blocage.
Die Alkaline Water Company (OTC: WTER) hat die Unterzeichnung eines Absichtserklärungs mit den FZA-Notenkäufern für eine strategische Geräteakquisition bekannt gegeben. Die vorgeschlagene Transaktion umfasst die Emission von 34 Millionen Aktien von beschränkten Stammaktien, die einem 12-monatigen Lock-up unterliegen, was sicherstellt, dass es keine sofortigen Auswirkungen auf den öffentlichen Anteil des Unternehmens oder die Handelsdynamik gibt.
Das Unternehmen prognostiziert Kostenersparnisse und betriebliche Verbesserungen von bis zu 2 Millionen Dollar im ersten Betriebsjahr durch vertikale Integration und verbesserte Effizienz. Nach der Sicherstellung des Facility-Leasing und dem Abschluss der Due Diligence plant WTER einen 30-tägigen Implementierungszeitraum für die Integration der Geräte in seine Produktionsinfrastruktur.
Diese Akquisition würde die kürzliche Bestandsvereinbarung von WTER ergänzen und zielt darauf ab, die Produktionskapazitäten zu erhöhen und gleichzeitig die Liquiditätsposition zu erhalten. Das Unternehmen betont, dass die beschränkten Aktien die aktuellen Handelsbedingungen auf dem Markt während der Lock-up-Periode nicht beeinflussen werden.
- Projected cost savings and operational improvements of up to $2 million in first year
- Strategic equipment acquisition structured to preserve cash position
- No immediate impact on public float due to 12-month lock-up period
- Rapid 30-day implementation timeline planned post-closing
- Significant shareholder dilution with 34 million new shares to be issued
- Transaction completion dependent on securing facility lease and due diligence
- Potential share price pressure after 12-month lock-up period expires
GLENDALE, Ariz., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Alkaline Water Company, Inc. (OTC: WTER -- hereinafter referred to as the "Company"), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced the signing of a Letter of Intent (LOI) with FZA Note Buyers LLC, a Florida limited liability company, for a strategic equipment acquisition proposed to be fulfilled through the issuance of 34,000,000 shares of Common Stock (Restricted) subject to a 12-month lock-up period (the "Proposed Shares").
Under the terms of the proposed transaction, the Shares would be subject to a strict 12-month holding period, with no impact on the Company's current public float or near-term trading dynamics. This proposed structure would allow the Company to enhance its production capabilities and operational efficiency while preserving cash, without affecting current market trading conditions.
"This Letter of Intent for strategic equipment acquisition represents another potential milestone in our company's transformation," said Ricky Wright, CEO of The Alkaline Water Company. "Through vertical integration and improved operational efficiencies, we project cost savings and operational improvements up to
Upon securing a facility lease and completion of due diligence, the Company expects to close the transaction and execute definitive agreements. Following closing, the Company plans a rapid 30-day implementation timeline for equipment integration into its production infrastructure. This proposed acquisition would complement our recent inventory agreement and position us for improved operational efficiency and cost control.
About The Alkaline Water Company, Inc.
The Alkaline Water Company, Inc., are the developers of Alkaline88 - a purified alkaline water, enhanced with Himalayan rock salt and engineered for a smooth and delicious taste.
Disclaimer Regarding Forward Looking Statements
This press release contains "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon our current internal projections, expectations, and beliefs concerning future developments and their potential effects on the Company. No assurance can be given that future developments affecting us will be those that we anticipate. Such forward-looking statements include, but are not limited to, statements regarding the proposed transaction, projected cost savings and operational improvements; anticipated implementation timeline; expected reduction in manufacturing costs; and securing of facility lease. Furthermore, there can be no assurance that we will successfully complete the proposed transaction on the terms described, or at all.
Actual results may differ materially due to various factors including market conditions; competition; changes in consumer preferences; equipment performance; regulatory changes; economic conditions; financing availability; and numerous other risks and uncertainties, including those detailed from time to time in our SEC filings.
The financial projections contained herein are based on our current internal analysis and assumptions about future events. These projections have not been reviewed by independent accountants and are subject to significant uncertainties and contingencies. Actual results may vary significantly from these projections.
Specifically, regarding the proposed equipment acquisition and share issuance, investors should note that while the restricted shares would be subject to a 12-month lock-up period, their eventual trading availability may affect future share price and dilution after the restriction period ends. The value of these shares may fluctuate significantly based on market conditions and trading activity. However, during the 12-month restriction period, these shares would not impact the current public float or trading dynamics.
We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Contact Information
5524 North 51st Avenue
Glendale, Arizona 85301
Telephone: 480-582-3600
Website: www.thealkalinewaterco.com
Email: info@thealkalinewaterco.com
FAQ
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