Connect with us

Technology

JANONE CONFIRMS NAME CHANGE TO ALT5 SIGMA CORPORATION AND NEW TICKER SYMBOL TO ALTS

Published

6 months ago

on

LAS VEGAS, July 12, 2024 /CNW/ — JanOne Inc. (Nasdaq: JAN), a multidisciplinary organization with a focus on fintech and healthcare, confirmed today that, as of market open on Monday, July 15, 2024, the Company’s new name will be “ALT5 Sigma Corporation” and its Nasdaq common stock ticker symbol will change to “ALTS”. This will replace the Company’s current ticker symbol “JAN”. Further, the Company’s website address will change from “janone.com” to “alt5sigma.com.”

The Company’s change of name, ticker symbol, and website address aligns with the Company’s realignment to focus on its recently acquired, ALT5 Sigma fintech as its core engine for revenue growth.

This realignment and changes in corporate name and the ticker symbol were previously announced on July 10, 2024. No action by the Company’s stockholders is required with respect to the ticker symbol change. The Company’s CUSIP number and transfer agent will remain unchanged.

Marking the changes confirmed today, Tony Isaac, Company CEO, observed, “We are pleased to complete the changes to our name and ticker symbol as the initial steps in our previously announced diversification into fintech, while keeping our biotech’s trajectory on track, all for the benefit of our stockholders.”

About JanOne/ALT5 Sigma

The Company is a unique Nasdaq-listed multidisciplinary organization with a focus on healthcare and fintech. The Company is one of the constituents of the Russell Microcap Index, starting June 28, 2024.

Through its fintech activities, the Company provides next generation blockchain-powered technologies to enable a migration to a new global financial paradigm for the trading, clearing, settlement, payment, and custodianship of digital instruments. Through its fintech subsidiaries, the Company offers two main platforms to its customers: “ALT5 Pay” and “ALT5 Prime”. The subsidiaries processed over US$1.2 billion in cryptocurrency transactions in 2023.

ALT5 Pay is a crypto-currency payment gateway that enables registered and approved global merchants to accept and make crypto-currency payments or to integrate the ALT5 Pay payment platform into their application or operations using the plugin with WooCommerce and or ALT5 Pay’s checkout widgets and APIs. Merchants have the option to convert to fiat currency (s) automatically or to receive their payment in digital assets.

ALT5 Prime is an electronic over-the-counter trading platform that enables registered and approved customers to buy and sell digital assets. Customers can purchase digital assets with fiat and, equally, can sell digital assets and receive fiat. ALT5 Prime is available through a browser-based access mobile phone application named “ALT5 Pro” that can be downloaded from the Apple App Store, from Google Play, through ALT5 Prime’s FIX API, as well as through Broadridge Financial Solutions’ NYFIX gateway for approved customers.

Through its biotech activities, the Company is developing innovative, actionable solutions intended to help end the opioid crisis. The Company is dedicated to funding resources toward innovation, technology, and education to find a key resolution to the national opioid epidemic, which is one of the deadliest and most widespread in the nation’s history. Its drugs in the clinical trial pipeline have shown promise for their innovative targeting of the causes of pain as a strategic option for physicians averse to exposing patients to addictive opioids.

Forward Looking Statements

This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the profitability and prospective growth of ALT5’s platforms and business, that may include, but are not limited to, international currency risks, third-party or customer credit risks, liability claims stemming from ALT5’s services, and technology challenges for future growth or expansion. This press release also contains statements and links relating to risks that JAN 101 will treat PAD, that JAN 123 will treat CRPS, the timing of the commencement of clinical trials, that the FDA will permit approval through a 505(b)(2) pathway for JAN 123, that upon approval JAN 101 will immediately disrupt the PAD market, and other statements, including words such as “continue”, “expect”, “intend”, “will”, “hope”, “should”, “would”, “may”, “potential”, and other similar expressions. Such statements reflect the Company’s current view with respect to future events, are subject to risks and uncertainties, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social uncertainties, and contingencies.

Many factors could cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance or achievements described in this press release. Such factors could include, among others, those detailed in the Company’s periodic reports filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in the Company’s filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. The Company cannot assure that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.

Media Contact Investor Relations
IR@alt5sigma.com
1-800-400-2247

View original content to download multimedia:https://www.prnewswire.com/news-releases/janone-confirms-name-change-to-alt5-sigma-corporation-and-new-ticker-symbol-to-alts-302196176.html

SOURCE JanOne Inc.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Aiper Unveils a New Poolside Hero at CES: Introducing the Scuba X1 Pro Max

Published

41 seconds ago

on

January 9, 2025

By

The pinnacle of pool cleaning, the Scuba X1 Pro Max touts power and precision for perfect pools

LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — Aiper, the global creator of award-winning smart yard technology, today announces the launch of its latest innovation in pool maintenance, the Scuba X1 Pro Max robotic pool cleaner. Combining power, precision, and intelligence, the Scuba X1 Pro Max delivers an unmatched pool cleaning experience, transforming tedious maintenance into a simple and effortless routine.

From the surface to the floor, and every corner in between, the Scuba X1 Pro Max cleaning coverage is unbeatable. Featuring OmniSense+™ 2.0, an advanced pool mapping system equipped with 40 ultrasonic sensors for adaptive path planning, the unit ensures a precise and efficient cleaning. And powered nine motors providing the world’s strongest suction at 8,500 gallons per hour (GPH), the Scuba X1 Pro Max also includes a patented MicroMesh™ ultra-fine filter to capture the smallest debris for an unmatched deep clean.

The all-in-one robotic pool cleaner intelligently adjusts its cleaning path using the FlexiPath™ 2.0 system, while Auto Mode optimizes suction power based on the pool’s debris levels, significantly boosting both cleaning efficiency and runtime. With a battery life of up to 10 hours when operating on the surface, along with true cordless operation, pool owners can enjoy a tangle-free and worry-free cleaning experience.

Additionally, the Scuba X1 Pro Max includes the brand’s new HomeComingDock™, enabling easy surface retrieval via the Aiper app, while a seamless integration with the optional HydroComm Pro provides real-time water quality monitoring, including metrics such as pH, temperature, and pool maintenance recommendations. The Scuba X1 Pro Max will be available for purchase in mid-February 2025 at $2,299 (MSRP) and will include a wireless charging dock. For a limited time, early customers will also receive a free Aiper Caddy for an easy and convenient way to transport and charge the Scuba X1 Pro Max when out of the water.

“At Aiper, we are constantly pushing the boundaries of what robotic pool cleaners can do and resetting the industry standard. The Scuba X1 Pro Max represents a significant leap forward, combining advance technology with user-friendly and user-centric design to deliver an effortless and enjoyable pool-cleaning experience,” said Richard Wang, CEO of Aiper.

To celebrate the new line up products, Aiper is thrilled to be named the Official Robotic Pool Cleaner of the Arizona Diamondbacks. Providing industry-leading entertainment in a clean, safe and family-friendly environment, MLB’s D-backs call Chase Field, in downtown Phoenix, home. Chase Field is the first Major League Baseball stadium to feature a pool, and Aiper will be keeping this famous water feature sparkling clean all season long. As part of the CES trade show launch event on January 8, former D-back outfielder, Luis “Gonzo” Gonzalez, along with the organization’s senior vice president of corporate partnerships, Steve Mullins, were in attendance at the Aiper booth (#52311) to show their support.

For more information about the Scuba X1 Pro Max visit www.aiper.com and follow Aiper on LinkedIn, Facebook, Instagram, TikTok, and X.

About Aiper

Aiper is the leading global creator of innovative cordless robotic pool cleaners on a mission to Bring Vacation Home by inspiring pool owners to turn their backyards into a personal oasis with the help of smarter cleaning solutions. After doing a deep dive into the pain points of traditional pool cleaners, the company embarked on a path to merge technology with innovative design to create the world’s most easy-to-use robotic pool cleaners that are not only cord and hassle-free but can automatically handle all the dirty work so pool owners can stop manually cleaning. Unlike other products on the market, each Aiper robot is guaranteed to minimize the time and money spent cleaning and give more time back to enjoy quality time with friends and family by the pool. Through that, Aiper has earned its place as the world’s best cordless robotic pool cleaner since its launch. In 2023 and 2024, Aiper products have been named CES Innovations Award Honorees.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/aiper-unveils-a-new-poolside-hero-at-ces-introducing-the-scuba-x1-pro-max-302346770.html

SOURCE Aiper

Continue Reading

Technology

TENNIS: PIRELLI AND AUSTRALIAN OPEN SIGN A MULTI-YEAR PARTNERSHIP BEGINNING FROM 2025

Published

43 seconds ago

on

January 9, 2025

By

MELBOURNE, Australia, Jan. 9, 2025 /PRNewswire/ — From this year, Pirelli will be the Official Tyre Partner of the Australian Open, which will start on Sunday 12 January in Melbourne. After motorsport, football, sailing and skiing, Pirelli enters tennis, choosing to support the Grand Slam with a partnership which represents a high-profile showcase for promoting the brand throughout the world.

Andrea Casaluci, CEO of Pirelli: “For Pirelli, the Australian Open represents a very important opportunity for visibility because of the great interest in tennis at the global level. In particular, the sponsorship will help increase awareness of our brand in Australia which is a market with a high concentration of prestige cars. Precisely in Melbourne, home of the tournament, in 2019 we opened a Pirelli P Zero World, our flagship store model currently present in only four other cities in the world”.

Cedric Cornelis, Tennis Australia Chief Commercial Officer: “We are very pleased to announce Pirelli as the Official Tyre Partner of the Australian Open. Pirelli is synonymous with innovation and performance, making it a great fit for one of the world’s premier tennis events. We are delighted that Pirelli has chosen the Australian Open to mark its first investment in a Grand Slam.”

PIRELLI AND SPORT

Pirelli’s connection with tennis dates to 1930 when the company began making tennis balls, until the 1970s. The passion for sport has always characterized the history of Pirelli, as demonstrated by the different disciplines in which it participates, from football to sailing to skiing. In motorsport, where Pirelli has competed since 1907, it is today present in over 350 competitions starting from the top level with Formula 1©.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tennis-pirelli-and-australian-open-sign-a-multi-year-partnership-beginning-from-2025-302346771.html

SOURCE Pirelli Tyre

Continue Reading

Technology

IndiaBonds.com Launches Digital Fixed Deposits – Expands Fixed Income Product Suite

Published

45 seconds ago

on

January 9, 2025

By

MUMBAI, India, Jan. 9, 2025 /PRNewswire/ — IndiaBonds.com, a SEBI-registered Stock Broker (Debt Segment) & licensed Online Bond Platform Provider (OBPP), has launched Digital Fixed Deposits (FDs), making fixed-income investments more accessible and convenient for individual investors across India. With this addition, IndiaBonds.com now offers a unified platform for managing both bonds and fixed deposits seamlessly, bringing all fixed-income investments under one ambit. This launch is in line with IndiaBonds’ vision to deliver stable and rewarding investment options to retail investors while simplifying portfolio management.

The platform offers a fully digital, paperless onboarding process, including quick KYC completion, making it easy for retail investors to get started. On the platform, the investors can earn up to 9.4% interest in their fixed deposit investments. Its integrated portfolio dashboard provides clear insights into cashflows, returns, and fixed income allocations, helping investors track and manage their investments efficiently.

By combining the stability of fixed deposits with the big flexibility of bonds, the platform empowers investors to build balanced, diversified portfolios. Additionally, investors benefit from customizable payout options, low minimum investment requirements, and the convenience of managing all their fixed-income investments in one place. The platform will expand its offerings with additional FD partners in the coming weeks.

Vishal Goenka, Co-founder of IndiaBonds.com, said, “At IndiaBonds, we have always focused on making regulated fixed-income investments simple, transparent, and accessible for individual investors. The launch of Digital Fixed Deposits is a natural step forward in our journey of expanding product offerings. By integrating bonds and FDs on one platform, we are enabling investors to optimize their portfolios effortlessly and take full advantage of fixed-income opportunities in the current market environment.”

He added, “We are committed to continuously evolving our platform and product suite to provide clients with seamless access to stable and diversified investment options, empowering them to make informed financial decisions with ease.”

This innovative offering not only caters to the growing demand for diverse investment options but also reinforces IndiaBonds.com’s commitment to empowering individual investors with tools to make informed and rewarding financial decisions.

About IndiaBonds

Launched in 2021, IndiaBonds is a SEBI-registered leading Online Bond Platform Provider. It provides access to investors in the fixed-income market in a low-cost, transparent, and easy-to-use manner.

At the helm of this bondtech company are industry veterans — Vishal Goenka, Co-Founder, and Aditi Mittal, Co-Founder & Director. This core team is committed to pioneering the digital revolution in the corporate bond market in India.

IndiaBonds provides a wholesome solution to bond investing to its customers and enables them to unlock the value of the fixed-income asset class. The experienced team assists investors with access to a wide choice of bond investment opportunities that provide stability, generate predictable income, and meet their investment objectives.

Within the Online Bond Platform Providers community, IndiaBonds is recognized as a revolutionizing fintech start-up owing to some of its ground-breaking innovations in the fixed-income industry.

In 2022, it announced the launch of its strategic tool, the Bond Yield Calculator, which aids investors by simplifying the complexities of calculating corporate bond prices and yield.

In 2021, it launched a comprehensive Bond Directory for the general public to have detailed information on all INR-denominated bonds outstanding in India.

 

View original content:https://www.prnewswire.com/in/news-releases/indiabondscom-launches-digital-fixed-deposits–expands-fixed-income-product-suite-302346780.html

Continue Reading

Trending