wtrh - WTRH STOCK NEWS

Waitr Holdings Inc. (Nasdaq: WTRH) has launched its ASAP delivery service in Central and Northern New Jersey, expanding its presence into the lucrative New York Tri-State area. This follows an exclusive mobile ordering partnership with MetLife Stadium, enhancing fan experiences for New York Giants and New York Jets games. ASAP now services Newark and Hoboken, partnering with hundreds of local restaurants including Five Guys and 7-Eleven. The service promises to offer a wide range of products beyond food, including apparel and sporting goods, under its 'deliver anything ASAP' model.

Waitr Holdings Inc. has rebranded itself as ASAP, emphasizing a new 'deliver anything' business model that aims to expand its delivery services beyond food. The company is poised to offer a variety of products including alcohol and sporting goods, highlighting recent partnerships and agreements. ASAP also introduced proprietary in-stadium ordering technology, enhancing fan experiences at major sports venues. A new stock ticker symbol will be revealed, aligning with the rebranding. As of June 30, 2022, ASAP operates in around 1,000 cities across the United States.

Waitr Holdings Inc. (Nasdaq: WTRH), soon to be rebranded as ASAP, reported a second quarter 2022 revenue of $31.2 million, a decline from $49.2 million in the same period last year. For the first half of 2022, revenue was $66.2 million, down from $100.1 million in 2021, attributed to macroeconomic factors and lack of stimulus payments. The net loss for Q2 2022 was $11.7 million, compared to $5.6 million in Q2 2021. The company focused on transitioning to a 'deliver anything ASAP' model and formed partnerships to enhance customer access and expand services.

Waitr Holdings Inc. (WTRH) announces its plans to release Q2 2022 financial results on August 8, 2022, after market close, followed by a conference call at 5:00 PM ET. The call will be accessible via their investor relations website and through phone lines. Waitr, set to rebrand as ASAP, operates an on-demand delivery platform across approximately 1,000 cities in the U.S., providing services that include food, alcohol, and grocery deliveries, as well as in-stadium ordering technology for enhanced fan experiences.

Waitr Holdings Inc. (Nasdaq: WTRH) announced a national partnership with REBEL Convenience Stores to enhance its delivery services. This agreement expands Waitr’s delivery offerings, which now include items such as alcohol, clothing, and auto parts, under its rebranding to ASAP. The partnership aims to improve customer convenience by providing quick access to essential household products across REBEL’s extensive locations from California to the East Coast. This move is part of Waitr's strategy to diversify its delivery verticals and increase market reach.

Waitr Holdings Inc. (Nasdaq: WTRH), soon rebranding as ASAP, has announced a partnership with the New Orleans Saints to introduce in-stadium ordering at the Caesars Superdome. Fans can order food and beverages through the ASAP app, bypassing concession lines during Saints home games. This marks another high-profile deal for the company, which recently partnered with the New York Jets and New York Giants. Waitr aims to enhance the fan experience while transitioning to a broader on-demand delivery model, offering various items for immediate delivery.

Waitr Holdings Inc. (Nasdaq: WTRH), soon to be known as ASAP, has partnered with the New York Giants and Jets to become the exclusive mobile ordering platform at MetLife Stadium. This five-year partnership offers a significant entry into the New York/New Jersey delivery market, allowing fans to place orders via a mobile app at stadium events. The deal includes rights to use team logos and promotional support, enhancing brand visibility. The company plans to launch its service across New Jersey, offering same-day delivery of various products, marking a pivotal expansion for the company.

Waitr Holdings Inc. (WTRH), soon to be rebranded as ASAP, has announced a debt-for-equity exchange with Luxor, converting part of their convertible notes into common stock. This transaction will result in Luxor owning approximately 17% of the company's common stock post-compliance with Nasdaq requirements. CEO Carl Grimstad expressed confidence in the company's future, highlighting the shift to a 'Deliver Anything ASAP' model. Waitr has also expanded its delivery services beyond food and introduced innovative in-stadium ordering technology.

Waitr Holdings Inc. (NASDAQ: WTRH) is set to officially rebrand as ASAP later this summer, introducing a new logo and expanded brand vision. The rebranding emphasizes a ‘deliver anything’ model, aiming for same-day delivery from various businesses while maintaining its local roots. The new logo features bold colors, particularly light blue, and aims to create a dynamic presence across all platforms, including a new app and website. As of March 31, 2022, Waitr operates in approximately 1,000 cities across the U.S.