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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

SinglePoint Inc. 收购了Box Pure Air LLC剩余的49%股份,实施战略重组以增加加利福尼亚学校的室内空气收入机会,Box Pure Air LLC现为全资子公司
Accesswire ·  2023/10/19 17:00

$800,000 in pending orders to fulfill through the $5,000,000 Grant Award Notification (GAN) in California

80万美元的待处理订单需要通过加利福尼亚州的500万美元拨款奖励通知 (GAN) 配送

SinglePoint Inc. retains minority interest in Ballistic Product America, LLC ("Ballistic")

SinglePoint Inc. 保留美国弹道产品有限责任公司(“弹道”)的少数股权

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已与SinglePoint达成协议,在该协议中,Ballistic同意向SinglePoint支付弹道屏障产品销售总收入的5%作为定期特许权使用费(“特许权使用费”),直到该金额总额为250万美元

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.

亚利桑那州凤凰城/ACCESSWIRE/2023 年 10 月 19 日/ SinglePoint Inc.(OTCQB: SING)主要专注于在太阳能、电动汽车充电和储能领域建立以可再生能源为重点的公司组合,宣布收购Box Pure Air LLC的剩余权益,并成立一个新的过渡领导团队,以执行和交付通过加州EANS计划最初的500万美元拨款奖励通知向公司提供的剩余分配资金。目前,该公司有大约 800,000 美元的已批准订单待发货。

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月对波士顿太阳能公司的收购是SinglePoint以能源为中心的战略的关键基本部分,该战略侧重于在分散的太阳能行业中组建高质量的住宅和小型商业太阳能安装公司。按预计,波士顿太阳能在 FY2022 中的收入从 FY2021 的约1760万美元增至约2500万美元。

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,公司宣布股东和董事会批准各项战略交易,包括探索向现有SinglePoint股东出售或寻求分拆Box Pure Air/BPA Solutions的选择。收购Box Pure Air剩余的49%权益,使其成为100%的全资子公司,这使该公司可以选择继续为Box Pure Air寻求战略选择。该公司将继续重新定位某些资产和非核心业务,以使公司能够灵活地专注于和利用可再生能源和储能领域的长期收购和积累机会,包括商业能源服务、太阳能安装以及住宅和小型商业客户的储能解决方案。

"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.

“这笔交易使SinglePoint能够指导销售工作,并利用联邦政府拨出的超过1210亿美元来改善我们国家学校的室内空气质量。Box Pure Aire 致力于提供商业级产品和解决方案,旨在为学校提供和改善室内清洁空气。从第二季度开始,我们已主动与Jason Lally重新配置人员,以加快销售工作,以获得加利福尼亚州指定给Box Pure Air的500万美元奖励中的剩余部分。SinglePoint首席执行官威尔·拉尔斯顿表示,通过动员更多的销售和营销专业人员并利用战略合作伙伴关系,我们致力于提高人们的认识,为加利福尼亚的教室提供顶级的空气净化设备。

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.

加利福尼亚州居民杰森·拉利(Jason Lally)一直在积极与加利福尼亚的私立学校会面,倡导我们的便携式室内空气产品的好处,这些产品的设计和设计旨在为学生、教师和教职员工,尤其是那些由EANS II计划资助的学生、教师和教职员工营造更安全的环境。加州仍然是Box Pure Air至关重要的高增长市场。通过EANS和ESSER资金,全州的公立和私立学校有超过10亿美元的可用资金。

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收入执行副总裁杰森·拉利外,SinglePoint的运营执行副总裁查德·迈尔斯还致力于与Box Pure Air相关的日常业务运营和合同的过渡。该公司正在敲定一项协议,增加一名业务发展高级副总裁(“SVP”),他将专注于增加收入、产品供应和解决方案,以便在出售或合并时为公司提供最佳定位。Box Pure Air 提供专为学校和商业建筑设计的工业级高效空气净化产品。

Highlights:

亮点:

- SinglePoint acquires the full interest of Box Pure Air LLC from a minority shareholder

-SinglePoint从少数股东手中收购了Box Pure Air LLC的全部权益

- 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已获得加州教育部根据EANS II发出的500万美元补助金奖励通知(GAN)

- Box Pure Air maintains its exclusive contract with AIRBOX, a premier manufacturer of Indoor Portable Air Cleaning devices

-Box Pure Air 维持与室内便携式空气净化设备的主要制造商 AIRBOX 的独家合同

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仍然致力于利用战略合作伙伴关系和尖端技术,开创创性的创新解决方案,以改善室内空气质量。AIRBOX Air Cleaner 产品系列体现了该品牌对确保人流量大的区域安全健康环境的承诺。

About Box Pure Air:

关于 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,是工业级空气净化产品的分销商。该公司致力于帮助企业和消费者营造健康的氛围。Box Pure Air脱颖而出,它致力于超越国家室内空气质量标准,遵守疾病预防控制中心的通风要求,并使用经过HEPA认证的过滤器和久经考验的抗菌技术。

For more information, visit Box Pure Air

欲了解更多信息,请访问 盒装纯净空气

About SinglePoint Inc. (SING)

关于 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续生活方式公司,专注于提供环保的能源效率和健康生活解决方案。SinglePoint最初专注于建立最大的可再生能源解决方案网络,并对传统的太阳能和储能模式进行现代化改造。该公司还在积极探索未来的增长机会,包括空气净化、电动汽车充电、太阳能即订阅服务,以及提高能源效率和提高可持续性和更健康生活的电器。欲了解更多信息,请访问公司网站 (),并在社交媒体上关注最新动态。

Forward-Looking Statements

前瞻性陈述

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.

本新闻稿中的某些声明可能包含1933年《证券法》第175条和1934年《证券交易法》第3b-6条所指的前瞻性信息,并受这些规则建立的安全港的约束。除事实陈述外,本新闻稿中包含的所有陈述,包括但不限于有关公司潜在计划和目标、收益用途、预期增长和未来扩张的陈述,均为涉及风险和不确定性的前瞻性陈述。

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.

无法保证此类陈述会被证明是准确的,实际结果和未来事件可能与此类陈述中的预期存在重大差异。可能出现的技术复杂情况可能会妨碍上述任何具有战略意义的计划的迅速实施。公司没有义务修改或更新任何前瞻性陈述以反映本新闻稿发布之日之后的事件或情况。

Investor Contact:

投资者联系人:

Tra-Digital IR
Investors@SinglePoint.com
(212) 389 - 9782 ext. 107

Tra-Digital IR
Investors@SinglePoint.com
(212) 389-9782 分机 107

SOURCE: Singlepoint, Inc.
via PRISM Mediawire, LLC

来源: Singlepoint, Inc.
通过 PRISM Mediawire, LLC


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