Welcome to our dedicated page for ISPIRE TECHNOLOGY news (Ticker: ISPR), a resource for investors and traders seeking the latest updates and insights on ISPIRE TECHNOLOGY stock.
Ispire Technology Inc. (NASDAQ: ISPR) generates a steady flow of news centered on vaping technology, precision dosing and regulatory engagement across nicotine and cannabis markets. As a tobacco manufacturing company focused on e‑cigarettes and cannabis vaping hardware, its announcements often highlight product launches, manufacturing milestones and developments in age‑verification technology.
Company news frequently covers the evolution of its Aspire and Ispire product lines, including detailed hardware ecosystems for cannabis brands and structured device architectures unveiled at major industry events such as MJBizCon. These updates describe new series of devices designed for different formulations, performance requirements and use cases, reflecting Ispire’s emphasis on hardware engineering and ODM partnerships.
Ispire’s press releases also address regulatory and compliance themes. The company and its joint venture IKE Tech LLC report on progress with FDA submissions, including a component Pre‑Market Tobacco Product Application (PMTA) for a blockchain‑enabled age‑verification chip, as well as responses to policy actions targeting illicit vape markets and youth access. Additional coverage includes conference participation in nicotine delivery and cannabis capital events, where company executives discuss harm reduction, identity verification and market trends within regulated ENDS and cannabis hardware sectors.
Operational updates, such as the interim nicotine manufacturing license in Malaysia and statements from Ispire Malaysia about export‑only manufacturing and regulatory compliance, provide further context on the company’s manufacturing footprint and strategic initiatives. Investors, analysts and industry participants can use this news feed to follow Ispire’s product roadmap, regulatory interactions, manufacturing expansion and joint‑venture activities. Bookmark this page to monitor ongoing announcements, event participation and technology disclosures related to ISPR.
Ispire Technology Inc. (NASDAQ: ISPR) joint venture, IKE Tech , has announced groundbreaking results from their Human Factors Validation Study of the first blockchain-based age-gating system for electronic nicotine delivery systems (ENDS). The study evaluated their Bluetooth Low Energy (BLE) System, which combines biometric authentication and blockchain technology.
Key findings from the study of 101 participants showed:
- 100% successful age verification rate
- Complete prevention of underage device activation
- 100% device deactivation after inactivity
- 91% of users rated the app as extremely or very easy to use
- Only 1% error rate in task attempts
The IKE System, developed through a partnership between Ispire, Berify, and Chemular, aims to establish new regulatory standards for ENDS manufacturers while ensuring adult-only access. The platform features customizable elements including geofencing, authentication protection, and real-time messaging capabilities.
Ispire Technology Inc. (NASDAQ: ISPR), a leader in vaping technology and precision dosing, has announced its participation in the upcoming Planet MicroCap Showcase. The event will be held from April 22-24, 2025, at the Paris Hotel and Casino in Las Vegas, Nevada.
Jim McCormick, Chief Financial Officer, is scheduled to deliver a live presentation on Wednesday, April 23, 2025, at 9:30am PST / 12:30pm EST on Track 5 – Concorde A. The presentation will be available via live webcast. Additionally, the company's management team will be conducting one-on-one meetings with investors throughout the conference.
Ispire Technology (NASDAQ: ISPR), a leader in vaping technology and precision dosing, has announced its participation in the upcoming 37th Annual ROTH Conference in Dana Point, California, scheduled for March 16-18, 2025.
Co-CEO Michael Wang will engage in a fireside chat on Tuesday, March 18, 2025, at 1:00pm PST / 4:00pm EST, which will be available via live webcast. The company's management team will also conduct one-on-one meetings with institutional investors throughout the conference.
Ispire Technology Inc. (NASDAQ: ISPR), a leader in vaping technology and precision dosing, has announced its participation in the upcoming 37th Annual ROTH Conference scheduled for March 16-18, 2025, in Dana Point, California.
The company issued a correction regarding the timing of Co-CEO Michael Wang's fireside chat, which will take place on Tuesday, March 18, 2025, at 10:00am PST / 1:00pm EST, not at 1:00pm PST as previously stated. The discussion will be available via live webcast.
During the conference, management will also conduct one-on-one meetings with institutional investors. Interested parties can arrange meetings through ROTH MKM or by contacting ispire@kcsa.com.
Ispire Technology Inc. (NASDAQ: ISPR), a leader in vaping technology and precision dosing, has announced its participation in the upcoming Webull Consumer Webinar Series scheduled for February 18, 2025, at 3:00 p.m. ET. Michael Wang, Co-CEO, will be presenting at the event.
The announcement comes amid several significant recent developments for the company, including:
- Release of fiscal second quarter 2025 financial results (February 10, 2025)
- Implementation of a stock repurchase program (January 22, 2025)
- Successful launch of Burna Boy's BrkFst nicotine products in African markets (January 15, 2025)
- Introduction of the VLT pod system for enhanced 510-thread vaping (November 25, 2024)
- Positive pre-PMTA submission meeting with the FDA in collaboration with IKE Tech (November 18, 2024)
Ispire Technology (NASDAQ: ISPR) reported fiscal Q2 2025 results with revenue of $41.8 million, a slight increase of 0.3% year-over-year. Gross profit rose 23.5% to $7.7 million, with gross margins improving to 18.5% from 15.0%. However, operating expenses increased 48% to $15.1 million, resulting in a net loss of $8.0 million ($0.14 per share), compared to a $4.0 million loss in Q2 2024.
The company expanded internationally with its BrkFst brand launching in Africa, establishing presence in over 500 retail locations across South Africa and Nigeria. The company plans to reach 2,000 stores in six months. In Malaysia, Ispire obtained nicotine import/export licenses and expects to scale to 70 production lines. The Board authorized a $10 million stock repurchase program, and the company projects $8 million in annual cost savings from Malaysian operations restructuring.
Ispire Technology (NASDAQ: ISPR), a leader in vaping technology and precision dosing, has scheduled its fiscal second quarter 2025 earnings conference call for Monday, February 10, 2025, at 8:00am ET. The call will discuss financial results for the quarter ended December 31, 2024.
Participants can join via phone using the following dial-in numbers: 877-451-6152 (US) or +1 201-389-0879 (International). The call will also be broadcast live online at the company's webcasting platform. A replay will be available from 11:00 am ET on February 10 through February 24, 2025, accessible by dialing 844-512-2921 or +1 412-317-6671 with passcode 13751256.
Ispire Technology (NASDAQ: ISPR) has announced a significant stock repurchase program, with its Board of Directors approving the repurchase of up to $10 million of common stock over the next 24 months. The company, which specializes in vaping technology and precision dosing, will conduct repurchases through various means, including open market transactions, accelerated buyback programs, tender offers, and private negotiations.
Co-CEO Michael Wang emphasized that this decision reflects confidence in the company's overall business growth and strategic investments. The company highlighted that improved margin expansion has enabled this capital return initiative. The repurchase program can be executed under Rule 10b5-1 and may be modified, suspended, or discontinued at any time based on market conditions, share price, and other factors.
Ispire Technology Inc. (NASDAQ: ISPR) has announced the successful launch of its BrkFst nicotine products in South Africa and Nigeria, marking the company's first international nicotine license arrangement. The products, co-created with GRAMMY-Award winner Burna Boy, are currently available in over 500 retail locations across both countries, including major chains like Pick n Pay, Forecourts, Spaza shops, and HORECA outlets.
The company plans to expand its retail presence to more than 2,000 stores in Africa over the next six months through partnerships with additional retailers such as Checkers, Spar, and Family Stores. To support the launch, local brand partners are conducting daily activation events with brand ambassadors across major metropolitan areas, including Cape Town and Johannesburg.
Ispire Technology (NASDAQ: ISPR) announced its participation in the 13th annual MJBizCon, a cannabis industry expo taking place December 3-6, 2024, in Las Vegas. The company's senior management team, including President Ted Rouhani, CFO Jim McCormick, and CLO Steven Przybyla, will host meetings during the event. Head of Impact Luna Stower will speak on influencer marketing strategies. At booth #8218, Ispire will showcase its vaping pod system and 'I-80' vapor device filling machine.
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