Xeriant, Inc. Announces Press Conference Advisory Regarding Recent Developments

Rhea-AI Summary

Xeriant, Inc. (OTCQB: XERI), an aerospace firm focused on Advanced Air Mobility (AAM), announces a forthcoming press conference to reveal significant developments, tentatively scheduled for late June. The company specializes in eco-friendly, electrically powered aircraft capable of vertical takeoff and landing, while also pursuing strategic partnerships to enhance its mission. The announcement highlights Xeriant's commitment to innovation in aviation technology and the importance of evolving infrastructure to support AAM.

Positive

• Tentative press conference scheduled to announce significant developments.
• Focus on the innovative field of Advanced Air Mobility (AAM).
• Commitment to developing eco-friendly aircraft powered by electricity.

Negative

• None.

BOCA RATON, Fla., May 24, 2022 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI), an aerospace company dedicated to Advanced Air Mobility and associated specialty chemicals and materials, is sending out an advance media advisory today regarding the Company’s planned press conference for the purpose of announcing recent significant developments. The press conference is tentatively scheduled for late June.

About Xeriant, Inc.

Xeriant, Inc. (d.b.a. Xeriant Aerospace) is an aerospace company dedicated to the emerging aviation market called Advanced Air Mobility (AAM), the transition to eco-friendly on-demand flight, and is partnering with and acquiring strategic interests in companies that accelerate this mission. Xeriant is focused on the development and deployment of next-generation electrically powered aircraft capable of vertical takeoff and landing (VTOL), breakthrough technologies and advanced materials which can be successfully integrated and commercialized, and the critical infrastructure components needed to support operations. Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport.

For more information, please go to www.xeriant.com.

SAFE HARBOR FORWARD-LOOKING STATEMENTS

In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Xeriant, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to attract investors.  

We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.  

This press release does not constitute an offer of any securities for sale.

Xeriant, Inc.
Investor Relations Dept.:
(561) 491-9595
IR@xeriant.com
www.xeriant.com

FAQ

What upcoming event is Xeriant planning related to stock symbol XERI?

Xeriant is planning a press conference to announce significant developments, tentatively scheduled for late June.

What is Xeriant's focus in the aerospace market?

Xeriant focuses on Advanced Air Mobility and the development of electrically powered aircraft for eco-friendly aviation.

What technologies is Xeriant developing for Advanced Air Mobility?

Xeriant is developing next-generation aircraft capable of vertical takeoff and landing, along with advanced materials and critical infrastructure.

When is the press conference for Xeriant scheduled?

The press conference for Xeriant is tentatively scheduled for late June.

Where is Xeriant located?

Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida.