$TGHI Touchpoint Group Holdings Announces Strategy
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Posted On: 12/28/2021 9:08:23 AM
$TGHI Touchpoint Group Holdings Announces Strategy to Uplist to A Major Exchange
https://www.globenewswire.com/news-release/20...hange.html
MIAMI, Dec. 28, 2021 (GLOBE NEWSWIRE) -- Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media and digital technology holding company, today announced it has retained Craft Capital Management LLC as its exclusive financial advisor to assist the Company in listing on a national exchange. Towards this end, the Company has received the approval of a majority of its shareholders to effect a reverse stock split, which would only be utilized at the appropriate time to meet the minimum bid price requirement for listing on a national exchange.
Touchpoint CEO, Mark White, commented, “Earlier this year, we completed the transformational acquisition of World Championship Air Race Limited. Our AIR RACE World Championship will build on the significant legacy that the Red Bull Air Race leaves behind, and is well positioned to deliver one of the world’s most thrilling and pioneering global sporting events. I truly believe 2022 will be an exciting year with numerous upcoming catalysts, including our first AIR RACE, which is shaping up extremely well. Towards this end, our goal is to list on a national exchange, which we believe will help drive much greater awareness for the company within the investment community as we execute on our strategy.”
AIR RACE World Championship is a race format originally developed by Red Bull as the Red Bull Air Race. It was founded in 2003 and has hosted 94 championship series races around the globe. It has attracted viewers in 187 countries and has been broadcast to an audience of over 230 million viewers with over 2.3 billion media impressions worldwide in its most recent season. It is the largest live spectator sports event in the world attracting over 1 million spectators to a single air race on multiple occasions in cities such as Porto and Barcelona.
https://www.globenewswire.com/news-release/20...hange.html
MIAMI, Dec. 28, 2021 (GLOBE NEWSWIRE) -- Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media and digital technology holding company, today announced it has retained Craft Capital Management LLC as its exclusive financial advisor to assist the Company in listing on a national exchange. Towards this end, the Company has received the approval of a majority of its shareholders to effect a reverse stock split, which would only be utilized at the appropriate time to meet the minimum bid price requirement for listing on a national exchange.
Touchpoint CEO, Mark White, commented, “Earlier this year, we completed the transformational acquisition of World Championship Air Race Limited. Our AIR RACE World Championship will build on the significant legacy that the Red Bull Air Race leaves behind, and is well positioned to deliver one of the world’s most thrilling and pioneering global sporting events. I truly believe 2022 will be an exciting year with numerous upcoming catalysts, including our first AIR RACE, which is shaping up extremely well. Towards this end, our goal is to list on a national exchange, which we believe will help drive much greater awareness for the company within the investment community as we execute on our strategy.”
AIR RACE World Championship is a race format originally developed by Red Bull as the Red Bull Air Race. It was founded in 2003 and has hosted 94 championship series races around the globe. It has attracted viewers in 187 countries and has been broadcast to an audience of over 230 million viewers with over 2.3 billion media impressions worldwide in its most recent season. It is the largest live spectator sports event in the world attracting over 1 million spectators to a single air race on multiple occasions in cities such as Porto and Barcelona.
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