Superbox Inc.
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
eComplete Partners with Sourceful to build AI-Native Creative Operations Across Portfolio18.11.2025 15:00:00 CET | Press release
MANCHESTER, UK / ACCESS Newswire / November 18, 2025 / eComplete, the private equity firm behind Current Body's £300 million London Stock Exchange listing, has announced a strategic partnership with Sourceful, the Manchester-based technology company whose Riverflow 1 model ranks as the world's leading AI image editing model. The partnership brings Sourceful's AI-native creative platform to eComplete's portfolio of direct-to-consumer brands, enabling them to generate brand-accurate, production-ready creative assets at scale across e-commerce, social, marketplace and retail. This makes eComplete the first major private equity investor to adopt AI-native creative infrastructure as a core operational advantage. Why this matters Every consumer brand today faces the same constraint: producing thousands of creative assets, product images, ads, videos, packaging, that feel authentically on-brand across every channel and market. This challenge has intensified dramatically over the past three ye
IXOPAY Appoints George Hansen as Chief Revenue Officer to Accelerate Global Growth in Tokenization, Orchestration, and Compliance18.11.2025 06:00:00 CET | Press release
Seasoned payments executive joins IXOPAY to lead global revenue strategy amid rapid growth and the rise of agentic commerce. LEHI, UTAH / ACCESS Newswire / November 18, 2025 / IXOPAY, a global leader in enterprise-grade payment orchestration, today announced the appointment of George Hansen as Chief Revenue Officer (CRO). A veteran of the payments and fintech industries, Hansen brings more than two decades of leadership experience driving growth, transformation, and customer-centric innovation at a global scale. In his new role, Hansen will drive IXOPAY's global revenue strategy, leading sales and partnerships and aligning with marketing and customer success to support enterprise merchants and partners worldwide. His appointment reinforces IXOPAY's commitment to giving merchants full control of their payment strategy through a vendor-neutral architecture designed for scale, flexibility, and intelligence. Hansen has held senior leadership positions at companies including American Expres
General Holdings Limited and NewOak Capital Form Strategic Joint Venture to Launch CMXG, an $800M Commodities Investment Platform18.11.2025 06:00:00 CET | Press release
DUBAI, AE / ACCESS Newswire / November 18, 2025 / General Holdings Limited (GH), a Dubai International Financial Centre-based multi-strategy private investment holding company, and NewOak Capital LLC, a New York collateralized private debt asset management and structured financing and capital markets firm, today announced the formation of Common Commodities CMXG (CMXG), a vertically integrated tech-enabled commodities investment platform designed to deliver risk-controlled, scalable institutional commodity-linked real yield and growth equity to qualified global investors. The partnership combines General Holdings' strategic capital and governance expertise with NewOak Capital's structured asset-based supply-chain financing capabilities and distribution platform. This sets the foundation for "a globally scalable, integrated and transparent institutional trade finance platform facilitating sustainable and inclusive cross-regional growth." Strategic Capital Deployment and Fund Launch CMXG
OBI-902 Has Been Granted by US FDA for Orphan Drug Designation for the Treatment of Cholangiocarcinoma17.11.2025 13:00:00 CET | Press release
OBI-902 is the first ADC utilizing OBI's proprietary GlycOBI® glycan-based ADC enabling technology for evaluation of safety and efficacy in patients with Cancer. TAIPEI, TW / ACCESS Newswire / November 17, 2025 / OBI Pharma, a clinical-stage oncology company (4174.TWO) received notification from the US FDA stating that the request for Orphan Drug Designation of OBI-902 TROP2 ADC for the treatment of Cholangiocarcinoma has been granted. OBI-902 is the first OBI-developed ADC that incorporates our proprietary site-specific glycan-conjugated ADC enabling technology. Cholangiocarcinoma is a rare and lethal malignancy with fewer than 50,000 patients in the United States and a 5-year survival rate ranging from 2% and 23% depending on disease stage, histological subtype, and localization 1 . At present, there are no FDA approved ADC therapies for cholangiocarcinoma. To encourage the industry to develop new treatment options for rare diseases, the US FDA grants Orphan Drug Designation to exper
Camino Completes C$5.6 Million Investment with Strategic Investors17.11.2025 12:00:00 CET | Press release
VANCOUVER, BC / ACCESS Newswire / November 17, 2025 / Camino Minerals Corporation (TSXV:COR)(OTC:CAMZF) ("Camino" or the "Company") is pleased to announce the closing of its -brokered private placement (the "Financing") of common shares in the capital of the Company (the "Shares") previously announced in its news release dated November 12, 2025. Under the Financing, the Company issued an aggregate of 15,554,666 Shares at an issue price of $0.36 per Share, for aggregate gross proceeds of C$5,599,680. Participants in the Financing included two new key shareholders, Elemental Royalties (formerly EMX Royalty Corp.) and Continental General Insurance Company, as well as certain insiders of Camino. The gross proceeds of the Financing will be applied towards corporate working capital, legal expenses, engineering studies, project development, and general administrative expenses. The Shares issued pursuant to the Financing are subject to a statutory hold period expiring on March 15, 2026, in acc
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