Welcome to our dedicated page for HWH International news (Ticker: HWH), a resource for investors and traders seeking the latest updates and insights on HWH International stock.
HWH International Inc. (NASDAQ: HWH) is described by the company as a purpose-driven lifestyle business organized around four pillars: Hapi Marketplace, Hapi Cafe, Hapi Travel and Hapi Wealth Builder. News about HWH often centers on developments within these pillars, capital markets activity and strategic partnerships.
Recent press releases highlight the launch and expansion of Hapi Marketplace, a proprietary business-to-consumer platform that the company states offers products across more than forty-seven categories, including wellness, elderly care and auto accessories. Updates on Hapi Cafe cover the operation of outlets in Singapore and South Korea, the use of affiliate outlets in Taiwan and the People’s Republic of China, and initiatives such as Keto-focused meal offerings and co-working and event spaces linked to Hapi Wealth programs.
HWH’s news flow also includes information on Hapi Travel, where the company reports on a joint venture focused on education tours, conference travel packages and a B2B hotel booking system serving China and the broader ASEAN region. Announcements about Hapi Wealth describe partnerships with institutions such as Asia Business College and plans for educational programs in equity investment and wealth-building strategies, delivered through hubs and Hapi Cafe venues.
Another recurring theme in HWH news is its robotics and Robot-as-a-Service (RaaS) activities. The company has issued releases on a strategic partnership with Guangzhou Inbot Technology Ltd., distribution rights for PadBot service robots across several countries, and collaborations with Sharing Services Global Corporation to establish a showroom and sales efforts in the United States and Canada.
Investors and observers following HWH news can also see announcements related to public offerings, reverse stock splits, changes in auditors, corporate governance matters and related party transactions, as disclosed through press releases and SEC filings.
HWH International (NASDAQ: HWH) has announced a 1-for-5 reverse stock split effective February 24, 2025, at 9:00 a.m. Eastern Time. The primary purpose is to maintain Nasdaq Capital Market listing compliance by meeting minimum bid price requirements.
The reverse split will automatically convert every 5 shares of common stock into one new share, trading under the same symbol 'HWH' with a new CUSIP number 44852G309. The split will not affect stockholders' rights, preferences, authorized shares, or par value. Proportional adjustments will be made to warrant exercise prices and underlying shares.
Stockholders who would hold fractional shares post-split will receive cash payments based on the closing price on the effective date. The measure was approved by stockholders and the Board of Directors on January 16, 2025.
HWH International (NASDAQ: HWH) has successfully closed a public offering raising $1,764,875 in gross proceeds before deducting fees and expenses. The offering consisted of 3,125,000 shares of common stock and 1,250,000 pre-funded warrants, each priced at $0.40 per share (or $0.3999 per pre-funded warrant).
The offering was conducted through D. Boral Capital as the sole placement agent, with legal counsel provided by Sichenzia Ross Ference Carmel LLP for HWH International and Lucosky Brookman LLP for D. Boral Capital. The securities were offered pursuant to an effective registration statement on Form S-1 declared effective by the SEC on December 19, 2024.
HWH International Inc. (Nasdaq: HWH) and Sharing Services Global (SHRG) are advancing their robotics collaboration. SHRG has joined the Association for Advancing Automation (A3), North America's largest automation trade association, ahead of their Q1 2025 robotics distribution launch in the US. Recent A3 data shows robot sales in North America increased 8.8% in Q3 2024, with 7,329 robots valued at $475 million sold. Non-automotive industries led demand with 56% of orders.
HWH is implementing a Robot-as-a-Service (RaaS) model featuring scalable services, comprehensive support, and industry-specific customization. The model aims to provide businesses access to advanced robotics without significant upfront investment, addressing growing automation demands and service efficiency needs.
HWH International (Nasdaq: HWH) provided updates on its Hapi Cafe business expansion across Asia. The company currently operates one outlet in Singapore and two in South Korea, with affiliated locations in Taiwan and China. The company announced the launch of Hapi Cafe X, a new initiative targeting partnerships with fitness centers, co-work spaces, and showrooms.
Hapi Cafe integrates HWH's 4-in-1 philosophy focusing on health, wealth, and happiness, offering nutritious meals including Keto diet plans. The company successfully launched its Wealth Builder Program in November through its Dongguan location and plans to expand these workshops throughout Asia. The new Hapi Cafe X model aims to minimize operating investments while expanding brand presence, with rollout planned for the first half of 2025.
HWH International (Nasdaq: HWH) provided an update on its Hapi Travel joint venture, where it holds a 19% stake. The venture, established in April 2024 with industry entrepreneur Chen Ziping and HWH's Executive Chairman Heng Fai Chan, has formed HapiTravel Holding Pte. in Singapore as a WOFE for China operations.
The venture focuses on three key areas: educational tours for Chinese schools, conference tour packages, and a B2B hotel booking system. In the first three quarters of 2024, the venture generated over $18 million in revenue. The company has established operations in Hong Kong through Hapi Travel Hong Kong and plans to expand into Singapore and Malaysia to capitalize on growing China-ASEAN travel demand.
HWH International (Nasdaq: HWH) has announced a strategic partnership with Asia Business College to launch its Hapi Wealth program in China during Q1 2025. The program, focused on equity investment and wealth-building education, follows a successful soft launch in November 2024. The company has established a China headquarters as a dedicated hub for in-person tutorials and workshops.
The partnership will initially deliver content in Chinese and English, with plans for expansion into additional languages. HWH will utilize its network of Hapi Cafés as venues for program sessions and community building. The company plans to expand the program globally, targeting North America after the Asian market rollout, and aims to adapt its offerings through partnerships in education, retail, travel, and food and beverage sectors.
HWH International (Nasdaq: HWH) has announced plans to expand its robotics division into the U.S. market starting Q1 2025. The company's subsidiary, Hapi iRobot, has partnered with Sharing Service Global (SHRG) to establish a showroom in Dallas, Texas, following a Distribution Rights Agreement with Guangzhou Inbot Technology.
The partnership includes SHRG establishing a U.S.-based sales force to market, sell, and lease robotics products across the U.S. and Canada. The company will offer Robot-as-a-Service (RaaS) solutions for various applications including reception, delivery, security, cleaning, and table service. The RaaS market is projected to grow from $8.19 billion in 2023 to $63.24 billion by 2032, with a CAGR of 25.5%.
HWH International (Nasdaq: HWH) has announced a strategic partnership with Guangzhou Inbot Technology through its subsidiary Hapi iRobot Pte. (HIPL). The partnership will integrate Inbot's Padbot Robot product line into HIPL's offerings, providing service robots for reception, delivery, security, cleaning, and table service applications.
HIPL has secured distribution rights for Padbot's products across multiple markets including Singapore, Malaysia, Hong Kong, Thailand, South Korea, Japan, the United States, and Canada. The partnership implements a Robot-as-a-Service (RaaS) model, offering subscription-based robotics solutions for various industries including hospitality, retail, healthcare, and education. The RaaS market is projected to grow from $8.19 billion in 2023 to $63.24 billion by 2032, with a CAGR of 25.5%.
HWH International Inc. (Nasdaq: HWH) has launched Hapi Marketplace, a B2C platform offering products across 47+ categories including wellness, elderly care, and auto accessories. The marketplace features specially sourced products and will offer various membership levels with exclusive access to value-driven products and services. Initially launching in the United States, the platform plans to expand to South Korea, Hong Kong, and other Asian markets. The company aims to provide competitive pricing and efficient customer support to enhance its lifestyle membership offering.
HWH International (Nasdaq: HWH) announces the launch of Hapi Wealth, a comprehensive equity investment and wealth-building education program. The initiative begins with a soft launch in China and Asia in November 2024, followed by an official launch in January 2025. The company plans North American expansion in early 2025.
The program includes a new China headquarters facility offering in-person courses, workshops, and coaching sessions. According to Executive Chairman Heng Fai Chan, Hapi Wealth aims to empower individuals toward financial independence through a community-centric approach, aligning with HWH's mission as a lifestyle membership company.
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