SinglePoint Inc. Acquires Remaining 49% of Box Pure Air LLC, Implements Strategic Restructuring to Enhance Indoor Air Revenue Opportunity With Schools in California, Box Pure Air LLC Now a Wholly Owned Subsidiary
SinglePoint Inc. Acquires Remaining 49% of Box Pure Air LLC, Implements Strategic Restructuring to Enhance Indoor Air Revenue Opportunity With Schools in California, Box Pure Air LLC Now a Wholly Owned Subsidiary
$800,000 in pending orders to fulfill through the $5,000,000 Grant Award Notification (GAN) in California
80萬美元的待處理訂單需要通過加利福尼亞州的500萬美元撥款獎勵通知 (GAN) 配送
SinglePoint Inc. retains minority interest in Ballistic Product America, LLC ("Ballistic")
SinglePoint Inc. 保留美國彈道產品有限責任公司（“彈道”）的少數股權
Ballistic has entered into an agreement with SinglePoint in which it Ballistic agrees to pay to SinglePoint, as a periodic royalty ("Royalty"), five percent of the gross revenue of sales of the Ballistic Barrier products by Ballistic until such amounts total $2.5 million dollars
Ballistic已與SinglePoint簽訂協議，根據該協議，Ballistic同意向SinglePoint支付彈道屏障產品銷售總收入的5％作爲定期特許權使用費（“特許權使用費”），直到該金額總額爲250萬美元
PHOENIX, AZ / ACCESSWIRE / October 19, 2023 / SinglePoint Inc., (OTCQB:SING) primarily focused on building a portfolio of renewable energy-focused companies in solar, EV charging and energy storage announces acquisition of the remaining interest of Box Pure Air LLC and a new transitional leadership team to execute and deliver on the remainder of the allocated funding available to the Company through the initial $5,000,000 Grant Award Notification through the California EANS program. Currently the Company has approximately $800,000 in approved orders pending shipment.
亞利桑那州鳳凰城/ACCESSWIRE/2023年10月19日/主要專注於建立太陽能、電動汽車充電和儲能領域以可再生能源爲重點的公司投資組合的SinglePoint Inc.（OTCQB: SING）宣佈收購Box Pure Air LLC的剩餘權益，併成立新的過渡領導團隊，通過加州EANS計劃最初的500萬美元撥款通知來執行和交付公司可獲得的剩餘撥款。目前，該公司有大約80萬美元的批准訂單待發貨。
The April 2022 acquisition of Boston Solar was a key fundamental piece of the SinglePoint energy centric strategy focused on rolling up high quality residential and small commercial solar installation companies within the fragmented solar industry. On a pro-forma basis Boston Solar grew revenues to approximately $25M in FY2022, up from approximately $17.6M in FY2021.
2022年4月對波士頓太陽能的收購是SinglePoint以能源爲中心的戰略的關鍵基礎部分，該戰略側重於在分散的太陽能行業中組建高質量的住宅和小型商業太陽能安裝公司。波士頓太陽能公司在 FY2022 中的收入預計從 FY2021 的約1760萬美元增加到約2500萬美元。
On April 20, 2023 the Company announced shareholder and board of director approval of various strategic transactions, including exploring options to sell or pursue a spin off of Box Pure Air/BPA Solutions to existing SinglePoint shareholders. The acquisition of the remaining 49% interest in Box Pure Air, making it a 100% wholly owned subsidiary, was necessary to give the Company optionality to continue to pursue strategic options for Box Pure Air. The company will continue to reposition certain assets and non-core business designed to allow the company the flexibility to focus and capitalize on the long-term acquisition and roll up opportunities in the renewable energy and energy storage sector including commercial energy services, solar installation, and energy storage solutions for residential and small commercial customers.
2023年4月20日，公司宣佈股東和董事會批准各項戰略交易，包括探索向現有SinglePoint股東出售或分拆Box Pure Air/BPA Solutions的選項。收購Box Pure Air剩餘的49％權益，使其成爲100％的全資子公司，這對於使公司可以選擇繼續爲Box Pure Air尋求戰略選擇是必要的。該公司將繼續重新定位某些資產和非核心業務，旨在使公司能夠靈活地專注於和利用可再生能源和儲能領域的長期收購和積累機會，包括商業能源服務、太陽能安裝以及住宅和小型商業客戶的儲能解決方案。
"This transaction allows SinglePoint to direct sales efforts and capitalize on the over $121B federally allocated to enhance indoor air quality in our nation's schools. Box Pure Aire is committed to providing commercial grade products and solutions that are designed to provided and improve indoor clean air to schools. We've proactively repositioned personnel starting in Q2 with Jason Lally to accelerate sales efforts to capture the remainder of the $5M award in California designated to Box Pure Air. By mobilizing additional sales and marketing professionals and leveraging strategic partnerships, we're committed to elevating awareness and offering top-tier air purification units to classrooms across California," stated Wil Ralston, CEO of SinglePoint.
“這筆交易使SinglePoint能夠指導銷售工作，並利用聯邦政府撥出的超過1210億美元來改善我們國家學校的室內空氣質量。Box Pure Aire 致力於提供商業級產品和解決方案，旨在爲學校提供和改善室內清潔空氣。從第二季度開始，我們已主動與Jason Lally重新配置人員，以加快銷售工作，以獲得加利福尼亞州指定給Box Pure Air的500萬美元獎勵中的剩餘部分。SinglePoint首席執行官威爾·拉爾斯頓表示，通過動員更多的銷售和營銷專業人員並利用戰略合作伙伴關係，我們致力於提高人們的認識，爲加利福尼亞的教室提供頂級的空氣淨化設備。
Jason Lally, a California resident, has been and is actively meeting with private schools in California advocating the benefits of our portable indoor air products that were engineered and designed to foster a safer environment for students, teachers, and staff, especially those funded by the EANS II program. California remains a crucial high-growth market for Box Pure Air. Through EANS and ESSER dollars there is more than $1 Billion available for public and private schools throughout the state.
加利福尼亞州居民傑森·拉利（Jason Lally）一直在積極與加利福尼亞的私立學校會面，倡導我們的便攜式室內空氣產品的好處，這些產品的設計和設計旨在爲學生、教師和教職員工，尤其是那些由EANS II計劃資助的學生、教師和教職員工營造更安全的環境。加州仍然是Box Pure Air至關重要的高增長市場。通過EANS和ESSER資金，全州的公立和私立學校有超過10億美元的可用資金。
In addition to Jason Lally, SinglePoint's EVP of Revenue, Chad Miles, SinglePoint's EVP of Operations are dedicated to transition of the daily business operations and contracts associated with Box Pure Air. The Company is finalizing an agreement to add a Senior Vice President ("SVP") of Business Development who will focus on increasing revenues, product offerings and solutions in order to best position the company in the event of a sale or merger. Box Pure Air provides industrial-grade high-efficiency air purification products designed for schools and commercial buildings.
除了SinglePoint的收入執行副總裁傑森·拉利外，SinglePoint的運營執行副總裁查德·邁爾斯還致力於與Box Pure Air相關的日常業務運營和合同的過渡。公司正在敲定一項協議，增加一名業務發展高級副總裁（“SVP”），該副總裁將專注於增加收入、產品供應和解決方案，以便在出售或合併時爲公司做好最佳定位。Box Pure Air 提供專爲學校和商業建築設計的工業級高效空氣淨化產品。
Highlights:
亮點：
- SinglePoint acquires the full interest of Box Pure Air LLC from a minority shareholder
-SinglePoint 從少數股東手中收購了 Box Pure Air LLC 的全部權益
- Box Pure Air has secured a $5,000,000 Grant Award Notification (GAN) under EANS II from the California Department of Education
-Box Pure Air已獲得加州教育部根據EANS II發出的500萬美元補助金獎勵通知（GAN）
- Box Pure Air maintains its exclusive contract with AIRBOX, a premier manufacturer of Indoor Portable Air Cleaning devices
-Box Pure Air 維持與室內便攜式空氣淨化設備的主要製造商 AIRBOX 的獨家合同
Box Pure Air remains committed to pioneering innovative solutions for better indoor air quality, using strategic partnerships and cutting-edge technologies. The AIRBOX Air Cleaner product line epitomizes the brand's commitment to ensuring safe and healthy environments in high-traffic areas.
Box Pure Air仍然致力於利用戰略合作伙伴關係和尖端技術，開創創性的創新解決方案，以改善室內空氣質量。AIRBOX Air Cleaner 產品系列體現了該品牌對確保人流量大的區域安全健康環境的承諾。
About Box Pure Air:
關於 Box Pure Air：
Box Pure Air, a subsidiary of SinglePoint Inc., is a distributor of industrial-grade air purification products. The company is dedicated to helping businesses and consumers establish a healthy ambiance. Box Pure Air stands out with its commitment to surpassing national standards for indoor air quality, adhering to CDC ventilation requirements, and utilizing HEPA certified filters combined with proven antimicrobial technologies.
Box Pure Air是SinglePoint Inc. 的子公司，是工業級空氣淨化產品的分銷商。該公司致力於幫助企業和消費者營造健康的氛圍。Box Pure Air脫穎而出，它致力於超越國家室內空氣質量標準，遵守疾病預防控制中心的通風要求，並使用經過HEPA認證的過濾器和久經考驗的抗菌技術。
For more information, visit Box Pure Air
欲了解更多信息，請訪問 盒裝純淨空氣
About SinglePoint Inc. (SING)
關於 SinglePoint Inc. (SING)
SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company's website () and connect on social media for the latest updates.
SinglePoint Inc. 是一家可再生能源和可持續生活方式公司，專注於提供環保的能源效率和健康生活解決方案。SinglePoint最初專注於建立最大的可再生能源解決方案網絡，並對傳統的太陽能和儲能模式進行現代化改造。該公司還在積極探索未來的增長機會，包括空氣淨化、電動汽車充電、太陽能即訂閱服務，以及提高能源效率和提高可持續性和更健康生活的電器。欲了解更多信息，請訪問公司網站 ()，並在社交媒體上關注最新動態。
Forward-Looking Statements
前瞻性陳述
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.
本新聞稿中的某些陳述可能包含1933年《證券法》第175條和1934年《證券交易法》第3b-6條所指的前瞻性信息，並受這些規則建立的安全港的約束。除事實陳述外，本新聞稿中包含的所有陳述，包括但不限於有關公司潛在計劃和目標、收益用途、預期增長和未來擴張的陳述，均爲涉及風險和不確定性的前瞻性陳述。
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
無法保證此類陳述會被證明是準確的，實際結果和未來事件可能與此類陳述中的預期存在重大差異。可能出現的技術複雜情況可能會妨礙上述任何具有戰略意義的計劃的迅速實施。公司沒有義務修改或更新任何前瞻性陳述以反映本新聞稿發佈之日之後的事件或情況。
Investor Contact:
投資者聯繫人：
Tra-Digital IR
Investors@SinglePoint.com
(212) 389 - 9782 ext. 107
Tra-Digital IR
Investors@SinglePoint.com
(212) 389-9782 分機 107
SOURCE: Singlepoint, Inc.
via PRISM Mediawire, LLC
來源：Singlepoint, Inc.
通過 PRISM Mediawire, LLC
譯文內容由第三人軟體翻譯。