Superbox Inc.
30.7.2024 20:33:10 CEST | ACCESS Newswire | Press release
MIAMI, FL / ACCESSWIRE / July 30, 2024 / Superbox, Inc. (OTC PINK:SBOX) ("Superbox" or the "Company"), a Nevada corporation headquartered at West Palm Beach, Florida, and a leading company in Green Energy and Transition Technologies, announced today that it has entered into a binding Asset Purchase Agreement with ǪK Innovation Ltd, a corporation located in London, UK.
This agreement, involves acquiring the patents for Water in Diesel Fuel Emulsion industry-related and assets and entails a change of control of the Company's Executives and Directors.
By means of this transaction, Superbox aims to significantly strengthen its corporate structure, positioning itself in the Fuel Emulsion market globally while continuing its commitment to spreading and developing Clean Energy solutions.
Asset Purchase Agreement: Asset Purchase Agreement: Superbox has agreed to exclusively acquire the entire intellectual property patents for the "Apparatus for Stable NanoEmulsions of Water in Diesel Fuel", a patented technology.
This strategic acquisition represents a significant move into the Transition and Green Energy sectors for Superbox. In addition to obtaining patents, Superbox has also acquired a white diesel production unit, granting them full rights to sales, manufacturing, and services in this area.
This acquisition strengthens Superbox's commitment to improving its Energy products and services, with the goal of expanding its market presence in the green sector. By enhancing and cultivating the company's relationships and partnerships, Superbox aims to broaden its reach and impact. The transaction is expected to be finalized pending the fulfillment of standard closing conditions.
Change in Executive Leadership: Alongside the asset purchase, there will be significant changes in the executive leadership team and the Board of Directors at Superbox, Inc.
Resigning Officers and Directors:
Suneel Anant Sawant, Chairman, President and Director
Vinnay Kumar Reddy Sarikonda, Director
Michele Collini, Director
Appointed Officers and Directors:
Suneel Sawant, Chairman of the Board and Director
Claudio Mirella, CEO and Director
Andrea Piazzoli, Executive President and Director
Bruno Polistina, CFO and Director
Daniele De Molli, COO and Director
Samuele Lucchini, Independent Director
Enrico Fumagalli, CTO
Statement from the Chairman: "I am thrilled to announce our recent asset purchase, which marks a significant milestone in our growth strategy. This acquisition not only expands our market presence but also brings in on board a talented team from ǪK Innovation Ltd., who will add invaluable expertise and innovation to our company culture.
Additionally, I am pleased to introduce Claudio Mirella as the new CEO of Superbox Inc. Claudio, along with our new Board and Governance team members, brings a wealth of experience and vision that align perfectly with our strategic objectives moving forward. This new chapter promises tremendous opportunities for collaboration, innovation, and growth. I encourage our shareholders to warmly welcome our new colleagues and embrace the fresh perspectives they bring. Together, we are poised to achieve great goals and strengthen our position in the market of the transition Energy. Let's join together in celebrating this milestone and looking forward to a successful future together."
About Superbox, Inc.: Superbox is a company focused on cutting-edge transition technologies related to the Fuel sector. Highly specialized in the field of alternative fuels, aimed at deep emissions reduction and decarburization of various fuels, the Company continuously strives to innovate with the ultimate goal to a zero-carbon footprint. At present, the Company holds patented and internationally applied technologies. The Company's technologies are related mainly to Nano Emulsions Fuels, but the Company is actually finalizing innovative research on desulfurization of Fuels and waste to energy solutions using both urban and several industrial wastes.
Forward-Looking Statements: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan", "confident that", "Believe", "expect", "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financing and other risks.
CONTACT:
Cygna Finance Ltd, Listing agent
ejc@cygna.finance
SOURCE: Superbox, Inc.
View the original press release on accesswire.com
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Merchant Payments Ecosystem Announces Winners of the MPE Awards 202627.3.2026 12:00:00 CET | Press release
Industry leaders, innovators and emerging companies were recognized in Berlin for excellence across the merchant payments ecosystem. BERLIN, GERMANY / ACCESS Newswire / March 27, 2026 / Merchant Payments Ecosystem (MPE) today announced the winners of the MPE Awards 2026, recognizing the companies and individuals driving innovation, leadership and measurable impact across the merchant payments value chain. Presented during the MPE Awards Gala in Berlin on March 18, the annual awards celebrated excellence across payment acceptance, orchestration, embedded finance, open banking, fraud and compliance, identity, settlement, merchant-led innovation and more. With 177 entries submitted this year, the MPE Awards 2026 highlighted the scale, competitiveness and diversity of innovation shaping the future of merchant payments. The central theme of this year's awards was "Transformation through Trust & Resilience." "The MPE Awards 2026 winners demonstrate that the future of merchant payments will b
RE Royalties Announces Strategic Review to Evaluate Path for Long-Term Value Creation27.3.2026 11:00:00 CET | Press release
All amounts in CAD dollars unless otherwise stated. VANCOUVER, BC / ACCESS Newswire / March 27, 2026 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF)(FSE:Y2V) ("RE Royalties" or the "Company") today announced that its Board of Directors (the "Board") has initiated a formal review of strategic alternatives (the "Strategic Review") to identify opportunities to maximize value for shareholders. As part of this process, the Board will evaluate a broad range of potential alternatives, including, but not limited to, a sale of the Company, strategic or co-investment partnerships, or capital structure optimizations through equity or debt financings. The Strategic Review represents a natural evolution for RE Royalties as the Company enters its 11th year of operations and seeks to position itself for future growth. The Strategic Review follows a formal recommendation from management. A Special Committee of the Board ("Special Committee") has been established to lead the process and oversee the evaluati
Clean Air Metals Receives Provincial Funding and Provides Update on the Thunder Bay North Project26.3.2026 22:00:00 CET | Press release
THUNDER BAY, ON / ACCESS Newswire / March 26, 2026 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) is pleased to provide an update on its 100%-owned Thunder Bay North ("TBN") Critical Minerals Project in Northwestern Ontario. Company Financing update The Company has been approved for up to $200,000 in government funding as part of the Ontario Junior Exploration Program (OJEP) that will be used to advance work in the 2.5 km long Escape down-plunge target, where it recently intersected 53m of resource-grade mineralization in the initial exploration hole (Figure 1 and October 20, 2025 release). "Ontario is leading the charge to secure the minerals that will power our economy and strengthen our sovereignty," said Stephen Lecce, Minister of Energy and Mines. "Through OJEP, we're backing companies like Clean Air Metals Inc. to advance promising projects here at home-unlocking resources, creating jobs, and building a more self-reliant and secure
LHH 2026 C-Suite Research: Executive Turnover Falls Sharply as AI Accountability and Decision-Making Gaps Define Leadership Agenda26.3.2026 17:05:00 CET | Press release
High-turnover leadership teams drop from 43% to 19% year-over-year; AI identified as the #1 executive skill gap. NEW YORK CITY, NY / ACCESS Newswire / March 26, 2026 / LHH, the integrated professional talent solutions provider and global business unit of the Adecco Group, released its 2026 View from the C-Suite report, examining executive priorities, leadership skill gaps, and organizational performance internationally. The report highlights a notable shift in the executive landscape: while turnover is falling, the expectations and pressures on leaders are intensifying across technology, decision-making, and talent strategy. Brief The annual View from the C-Suite report finds that executive turnover is declining significantly. Leaders are navigating high external pressures, including economic uncertainty, market volatility, inflation, rising costs, and heightened data security risks. Internal priorities are increasingly focused on talent retention, team effectiveness, and employee well
Multi-Billion-Dollar Sports Brand U.S. Polo Assn. Launches Global Polo Shirt Campaign: An Icon Born from the Game26.3.2026 12:00:00 CET | Press release
WEST PALM BEACH, FLA. / ACCESS Newswire / March 26, 2026 / U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA) founded in 1890, today announced the launch of its Global Polo Shirt Campaign, An Icon Born from the Game. The global campaign is a powerful tribute to the iconic polo shirt's authentic sports origins and its evolution into one of the world's most enduring style essentials.1. U.S. Polo Assn. Global Brand Ambassador, 6-goal American professional polo player Nico Escobar takes in the game atop his equine partner, wearing polo whites and a classic navy U.S. Polo Assn. polo shirt, An Icon Born from the Game 2. U.S. Polo Assn. models in polo shirts at the Spring-Summer 2026 Global Collection Photoshoot in Charleston, South Carolina 3. ‘The Polo Shirt: An Icon Born From the Game' campaign imagery featuring U.S. Polo Assn. models The polo shirt's beginning was born on the polo fields, shaped by motion, competition, and the spirit of the game for wh
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom