Kona Gold Beverages, Inc. Announces Name Change
to
NuVibe, Inc. and Initiation of
Ticker Symbol Application Process
Company Will Host Open House to Introduce New Management Team and
Facilities
MELBOURNE, FL -- April 25, 2024 -- InvestorsHub NewsWire -- Kona
Gold Beverages, Inc. (OTCPK:
KGKG),
a leading holding company specializing in innovative product
development within the
better-for-you and functional beverage sector, today announced that
its board of directors and
majority shareholders have approved a name change for the company.
The process to change
the company's name to NuVibe, Inc. and apply for the new ticker
symbol VIBE has commenced
following approval by the board of directors and majority of
shareholders.
The decision to rebrand reflects NuVibe's strategic evolution into
a diversified holding company,
positioning itself for substantial growth and success across
multiple sectors. This change marks a significant milestone for the
company as it aims to reshape its identity and distance itself
from
prior associations and outdated affiliations.
NuVibe, Inc. will now initiate the official process with the
Financial Industry Regulatory Authority
(FINRA) to apply for the new ticker symbol, VIBE, reflecting the
rebranding efforts. Additionally,
the company has retained legal counsel to assist in executing the
name and symbol change
with FINRA. The legal team will also handle the application for the
new name with the Secretary
of State of Delaware to formalize the transition.
"As NuVibe, Inc., we are excited to embark on this transformative
journey," said Brandon White,
President of NuVibe, Inc. "Our decision to rebrand reflects our
strategic vision and commitment
to innovation. We believe that this new identity will better
resonate with our stakeholders and
symbolize our future direction."
The current subsidiaries of NuVibe, Inc. will remain intact and
retain their current names. This
decision aims to avoid any confusion and maintain the established
identities of these subsidiaries within their respective
markets.
"We are actively engaging in negotiations with several
revenue-generating companies that
demonstrate synergies with our existing subsidiaries," White
continued. "These potential
partnerships align with our growth strategy and underscore our
commitment to expanding our
portfolio strategically."
The rebranding initiative underscores NuVibe's evolution into a
diversified holding company,
poised for growth and success across multiple sectors. The company
is confident that the new
name and ticker symbol will better represent its progressive
outlook
and
strategic objectives.
"This name change will propel our company forward, giving us a
revitalized look and positioning
us for enhanced visibility and growth opportunities," added White.
"We are committed to driving
value for our shareholders and stakeholders as we enter this
exciting new chapter."
In
conjunction with these changes, NuVibe, Inc. is pleased to announce
plans to host an open
house at its new facilities once the name and symbol change becomes
effective with FINRA.
This event will provide shareholders with the opportunity to meet
the new management team in
person and witness the company's operations firsthand, fostering
inclusivity and transparency
within the shareholder community.
"We believe it is important for our shareholders to meet our new
management team and see our
operations directly, so all shareholders feel included and
informed," said Brandon White,
President of NuVibe, Inc. "This open house will signify our
commitment to transparency and
shareholder engagement as we embark on this exciting new
chapter."
Additionally, NuVibe, Inc. has purchased the domain nuvibe.co
and
is currently developing a
new website that will reflect its new direction and instill
confidence in its shareholders. The
marketing team is focused on creating a platform that embodies the
company's values and
showcases its vision for the future.
"We are ready to shed all past negativity and show our shareholders
that this new regime is
transparent and truly values their input," White
continued.
The company asks for patience during this transitional period. The
website development is
being expedited to ensure its quality and effectiveness. NuVibe,
Inc. is excited to unveil the new
website once it is perfected, reflecting the company's new
direction and values.
"We are dedicated to creating a website that truly represents our
vision and instills confidence in
our shareholders," added White.
Furthermore, the management team is enthusiastic about meeting
shareholders face to face
during the open house and is prepared to dedicate ample time to
answering any questions or
concerns they may have. NuVibe, Inc. values the opinions of its
shareholders and views this
interaction as an essential step in building strong
relationships.
"We look forward to engaging directly with our shareholders and
addressing any inquiries they
may have," emphasized White. "Your input is invaluable
to
us as we navigate this transition and
pursue our ambitious goals."
The company's website and social media profiles will be updated to
reflect the new name and
brand identity once the changes are officially approved.
NuVibe, Inc. is
a diversified holding company focused on innovation, growth, and
value creation across multiple industries. With a commitment to
excellence and a forward- looking approach, NuVibe is
dedicated to driving success and delivering transformative
experiences to its stakeholders.
Investor
Relations Contact:
Phone: 844-714-2224
Email: investorrelations@konagoldbeverage.com
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