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Touchpoint Group Holdings Provides Business Update
Touchpoint Group Holdings Provides Business Update
Withdraws plans for reverse split
MIAMI, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Touchpoint Group Holdings, Inc. (TGHI), a media and digital technology holding company, today provided the following shareholder update from the Company's CEO, Mark White.
Mr. White stated, "We continue to make significant progress advancing our next generation fan engagement platform. Specifically, we are now working with numerous fitness brands, celebrities and influencers. The customer response has been overwhelmingly positive, as our platform is specifically designed to bring fans closer to celebrities by providing access to proprietary content, livestream events, as well as exclusive merchandise. To further enhance the platform and add new revenue streams, we are working towards integrating new blockchain machine learning capabilities designed for intuitive analytic feedback, thereby allowing for the creation of highly optimized content strategies both inside the Touchpoint platform and on social media."
"Building on our core expertise in fan engagement, we announced last year our acquisition of Air Race World Championship (Air Race), a race format developed by Red Bull as the Red Bull Air Race. Since that time, we have been successful in signing multiple host-city agreements. However, given the prolonged impact and travel restrictions associated with the pandemic in addition to global financial market conditions, we made the strategic decision to postpone these events into early 2023, when we believe we can maximize the success and financial impact of these events."
"Overall, we could not be more excited about the outlook for the business. For this reason, and based on feedback from investors, the Board of Directors made the strategic decision to forgo plans for a reverse split. While our goal remains to list on a senior U.S. stock exchange, we are also exploring a variety of strategic alternatives to maximize value for shareholders. Meanwhile, we remain focused on both advancing plans to launch Air Race in the new year, as well as accelerating the growth of our core Touchpoint fan engagement platform."
About Touchpoint Group Holdings.
Touchpoint Group Holdings Inc. is a media and digital technology acquisition and software company. For more information, see
Twitter:
Safe Harbor Statement
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks include such factors as the inability to enter into agreements with parties with whom we are in discussions, the uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in the Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
Contact
Crescendo Communications, LLC
212-671-1021
tghi@crescendo-ir.com
Withdraws plans for reverse split
撤回反向拆分計劃
MIAMI, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Touchpoint Group Holdings, Inc. (TGHI), a media and digital technology holding company, today provided the following shareholder update from the Company's CEO, Mark White.
邁阿密,2022年8月9日(GLOBE NEWSWIRE)——媒體和數字技術控股公司Touchpoint Group Holdings, Inc.(THGI)今天向股東提供了公司首席執行官馬克·懷特的以下最新情況。
Mr. White stated, "We continue to make significant progress advancing our next generation fan engagement platform. Specifically, we are now working with numerous fitness brands, celebrities and influencers. The customer response has been overwhelmingly positive, as our platform is specifically designed to bring fans closer to celebrities by providing access to proprietary content, livestream events, as well as exclusive merchandise. To further enhance the platform and add new revenue streams, we are working towards integrating new blockchain machine learning capabilities designed for intuitive analytic feedback, thereby allowing for the creation of highly optimized content strategies both inside the Touchpoint platform and on social media."
懷特先生說:“我們在推進下一代粉絲參與平臺方面繼續取得重大進展。具體而言,我們現在正在與衆多健身品牌、名人和有影響力的人合作。客戶的反應非常積極,因爲我們的平臺是專門爲通過提供專有內容、直播活動和獨家商品來拉近粉絲與名人的距離而設計的。爲了進一步增強平臺並增加新的收入來源,我們正在努力整合專爲直觀的分析反饋而設計的新區塊鏈機器學習功能,從而允許在Touchpoint平臺內部和社交媒體上創建高度優化的內容策略。”
"Building on our core expertise in fan engagement, we announced last year our acquisition of Air Race World Championship (Air Race), a race format developed by Red Bull as the Red Bull Air Race. Since that time, we have been successful in signing multiple host-city agreements. However, given the prolonged impact and travel restrictions associated with the pandemic in addition to global financial market conditions, we made the strategic decision to postpone these events into early 2023, when we believe we can maximize the success and financial impact of these events."
“基於我們在粉絲參與方面的核心專業知識,我們去年宣佈收購Air Race世界錦標賽(Air Race),這是一種由紅牛開發的名爲紅牛空中競賽的比賽形式。從那時起,我們成功地簽署了多項東道城市協議。但是,鑑於與疫情相關的長期影響和旅行限制,以及全球金融市場狀況,我們做出了戰略決定,將這些事件推遲到2023年初,我們相信屆時我們可以最大限度地提高這些事件的成功和財務影響。”
"Overall, we could not be more excited about the outlook for the business. For this reason, and based on feedback from investors, the Board of Directors made the strategic decision to forgo plans for a reverse split. While our goal remains to list on a senior U.S. stock exchange, we are also exploring a variety of strategic alternatives to maximize value for shareholders. Meanwhile, we remain focused on both advancing plans to launch Air Race in the new year, as well as accelerating the growth of our core Touchpoint fan engagement platform."
“總的來說,我們對業務前景再興奮不過了。出於這個原因,並根據投資者的反饋,董事會做出了放棄反向拆分計劃的戰略決定。儘管我們的目標仍然是在美國一家高級證券交易所上市,但我們也在探索各種戰略替代方案,以最大限度地提高股東的價值。同時,我們仍然專注於推進在新的一年推出Air Race的計劃,以及加快我們的核心Touchpoint粉絲參與平臺的發展。”
About Touchpoint Group Holdings.
關於觸點集團控股公司
Touchpoint Group Holdings Inc. is a media and digital technology acquisition and software company. For more information, see
Touchpoint Group Holdings Inc. 是一家媒體和數字技術收購和軟件公司。有關更多信息,請參見
Twitter:
推特:
Safe Harbor Statement
安全港聲明
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks include such factors as the inability to enter into agreements with parties with whom we are in discussions, the uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in the Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
本新聞稿可能包含 “前瞻性” 陳述。這些前瞻性陳述僅是預測,受某些風險、不確定性和假設的影響,這些風險、不確定性和假設可能導致實際結果與前瞻性陳述中的結果不同。潛在風險包括無法與我們正在討論的各方達成協議、消費者對公司產品的需求的不確定性以及公司美國證券交易委員會報告中發現和描述的其他風險和不確定性等因素。實際結果可能與本新聞稿中的前瞻性陳述存在重大差異。此處發表的聲明截至本新聞稿發佈之日,不應作爲後續任何日期的依據。公司不承擔更新任何前瞻性陳述以反映該聲明發布之日之後發生的事件、事態發展、事件或情況的任何義務,也明確表示不承擔任何義務。
Contact
聯繫我們
Crescendo Communications, LLC
212-671-1021
tghi@crescendo-ir.com
克雷森多通訊有限責任公司
212-671-1021
tghi@crescendo-ir.com
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
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