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
Datavault AI Expands IBM Collaboration to Deploy Enterprise-Grade AI at the Edge with Available Infrastructure's SanQtum AI Platform8.1.2026 13:00:00 CET | Press release
Datavault AI will activate a secured multi-city edge AI network for real-time data tokenization, security, and monetization across New York and Philadelphia NEW YORK, NY / ACCESS Newswire / January 8, 2026 / Datavault AI Inc. (Nasdaq:DVLT), a leader in instant data monetization & enterprise digital twins, announced it will deliver enterprise-grade AI performance at the edge in New York and Philadelphia through an expanded collaboration with IBM using the SanQtum AI platform. Operated by Available Infrastructure, SanQtum AI is a fleet of synchronized micro edge data centers running IBM's watsonx portfolio of AI products on a zero-trust network. The combined deployment is designed to enable cybersecure data storage and compute, real-time data scoring, tokenization, and ultra-low-latency, across two of the most data-dense metro regions in the United States. By running Datavault AI's Information Data Exchange and DataScore agents - built with watsonx - within SanQtum AI's zero-trust edge e
Ascend Advanced Therapies - ABL Inc. Further Strengthens Executive Team as It Drives Forward an Ambitious Growth Strategy8.1.2026 13:00:00 CET | Press release
Seiga Ohmine to join as Chief Commercial Officer, Sharad Dubey as Chief Financial Officer and Patrick Lansky as Senior Vice President of Global Business Development Appointments underscore Ascend-ABL's commitment to scientific rigor, operational excellence, and strategic growth ROCKVILLE, MARYLAND / ACCESS Newswire / January 8, 2026 / Ascend Advanced Therapies - ABL Inc. today announced significant appointments to its leadership team. Seiga Ohmine Ph.D. joins as Chief Commercial Officer (CCO) Sharad Dubey CA, CPA joins as Chief Financial Officer (CFO) Patrick Lansky joins as Senior Vice President of Global Business Development These appointments reflect Ascend-ABL's focus on strengthening scientific leadership, operational discipline, and customer-centric execution as the company sharpens its positioning as a trusted CDMO partner for advanced viral modalities. Commenting on the appointments, Alessandra Rispoli, Chief Executive Officer of Ascend-ABL said, "We are making strong progress
Market Logic Announces Technology Partnership with Zappi to Accelerate Innovation with AI8.1.2026 08:00:00 CET | Press release
BERLIN, DE / ACCESS Newswire / January 8, 2026 / Market Logic Software is excited to announce a technology partnership with Zappi designed to help leading brands develop, refine, and test new product concepts faster than ever before. United by a joint agentic AI framework, this collaboration brings together advanced AI capabilities from both companies, marking a pivotal shift in how organizations execute insights-driven innovation. Through AI-to-AI integrations, linking two powerful AI platforms, enterprises can now enrich their product innovation process with a comprehensive data ecosystem. Specially trained DeepSights AI agents within Market Logic's Innovation Studio continuously monitor, analyse, and synthesize market research, news, and operational data-allowing for accelerated concept generation and more informed decision-making. With just a couple of clicks, customers can seamlessly progress to testing their concepts with real people, thanks to Zappi's real-world respondent solut
RE Royalties Announces up to a USD $9.0 Million Portfolio-Level Royalty Investment with Solaris Energy Inc.7.1.2026 22:20:00 CET | Press release
VANCOUVER, BC / ACCESS Newswire / January 7, 2026 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company") is pleased to announce that it has entered into a definitive agreement with Solaris Energy Inc. ("Solaris") to invest up to USD $9.0 million to acquire a royalty interest (the "Royalty Purchase") in two portfolios of distributed generation ("DG") solar projects located throughout the United States. The first portfolio consists of 15 projects including 9 under construction with several nearing operation, and 6 in development, located across California, Maine, Delaware, New Hampshire and Colorado ("Portfolio 1"). The second portfolio comprises 9 more projects, the final composition of which may evolve as the projects advance ("Portfolio 2"). The transaction represents the acquisition of a portfolio level royalty on a diversified portfolio of DG solar assets and marks the exciting beginning of a new partnership between the two parties. The Royalty Purchase for Por
RAK ICC Provides Strategic Solutions for Holding Companies and Regional Expansion7.1.2026 13:35:00 CET | Press release
Focused on Stability, Regulatory Alignment, and Long-Term Business Growth RAS AL KHAIMAH, UAE / ACCESS Newswire / January 7, 2026 / As businesses face increasing regulatory complexity across borders, RAK ICC offers flexible solutions to simplify expansion and protect assets. RAK ICC offers a straightforward and globally aligned registration of holding companies for high net worth individuals, families and their advisors looking to manage investments, shareholding structures, and regional expansion. With a focus on regulatory compliance and operational efficiency, RAK ICC provides businesses with the tools needed to scale within the UAE and across the region. In an ever-changing global business landscape, RAK ICC allows businesses to operate within the UAE's well-established economic and legal frameworks, ensuring they meet both local and international standards while managing operations effectively. Key Features of RAK ICC's Platform: Streamlined Business Management: RAK ICC makes it e
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