NxGen Brands, Inc. Announces the official signing of Purchase Agreement of an operating company
NxGen Brands (OTC: NXGB) has announced the conversion of their Letter of Intent (LOI) into an official Purchase Agreement for acquiring an operating company. CEO Marjorie Schaefer expressed enthusiasm about this development, highlighting its potential impact on shareholders and employees.
The company plans to release additional details about the business, industry, and future growth plans in the coming week. NxGen has also clarified that their only current social media presence is their X account (@NGen_Brands), and shareholders can communicate via email at marjschaefer.manager@gmail.com.
NxGen Brands (OTC: NXGB) ha annunciato la conversione della propria Letter of Intent (LOI) in un accordo di acquisto ufficiale per l'acquisizione di una società operativa. La CEO Marjorie Schaefer ha espresso ottimismo su questo sviluppo, sottolineando il potenziale impatto sui soci e sui dipendenti.
L'azienda prevede di fornire ulteriori dettagli sull'attività, sull'industria e sui piani di crescita futuri nella prossima settimana. NxGen ha anche chiarito che al momento l'unica presenza sui social è il loro account X (@NGen_Brands), e gli azionisti possono contattare via email all'indirizzo marjschaefer.manager@gmail.com.
NxGen Brands (OTC: NXGB) ha anunciado la conversión de su Carta de Intención (LOI) en un Acuerdo de Compra oficial para la adquisición de una empresa operativa. La CEO Marjorie Schaefer mostró su entusiasmo por este desarrollo, destacando el posible impacto en los accionistas y en los empleados.
La empresa planea divulgar más detalles sobre el negocio, la industria y los planes de crecimiento futuro en la próxima semana. NxGen también ha aclarado que su única presencia actual en redes sociales es su cuenta X (@NGen_Brands), y los accionistas pueden comunicarse por correo electrónico a marjschaefer.manager@gmail.com.
NxGen Brands (OTC: NXGB)는 LOI(양해각서)를 실제 구매계약으로 전환하여 운영 중인 회사를 인수하는 것이라고 발표했다. CEO Marjorie Schaefer는 이 발전에 대해 기대감을 표하며 주주와 직원들에게 미칠 잠재적 영향을 강조했다.
회사는 다가오는 주에 비즈니스, 산업 및 향후 성장 계획에 대한 추가 세부 정보를 공개할 계획이다. 또한 NxGen은 현재 소셜 미디어에 의존하는 유일한 계정이 X 계정(@NGen_Brands)임을 밝히고 있으며, 주주들은 marjschaefer.manager@gmail.com으로 이메일로 소통할 수 있다.
NxGen Brands (OTC: NXGB) a annoncé la conversion de sa lettre d'intention (LOI) en un accord d'achat officiel pour l'acquisition d'une société opérationnelle. La PDG Marjorie Schaefer s'est dit enthousiaste à propos de ce développement, soulignant son potentiel impact sur les actionnaires et les employés.
L'entreprise prévoit de publier de plus amples détails sur l'activité, l'industrie et les plans de croissance futurs dans la semaine à venir. NxGen a également précisé que leur unique présence sur les réseaux sociaux pour le moment est leur compte X (@NGen_Brands), et les actionnaires peuvent communiquer par e-mail à marjschaefer.manager@gmail.com.
NxGen Brands (OTC: NXGB) hat die Umwandlung ihres Letter of Intent (LOI) in eine offizielle Kaufvereinbarung zum Erwerb eines operativen Unternehmens angekündigt. Die CEO Marjorie Schaefer zeigte sich begeistert über diese Entwicklung und hob deren potenzielle Auswirkungen auf Aktionäre und Mitarbeiter hervor.
Das Unternehmen plant, in der kommenden Woche weitere Details zu Geschäft, Branche und zukünftigen Wachstumsplänen bekannt zu geben. NxGen hat außerdem klargestellt, dass ihre einzige aktuelle Präsenz in den sozialen Medien ihr X-Konto (@NGen_Brands) ist, und Aktionäre können per E-Mail an marjschaefer.manager@gmail.com kommunizieren.
NxGen Brands (OTC: NXGB) أعلنت تحويل خطاب النوايا (LOI) إلى اتفاق شراء رسمي لشراء شركة تعمل. وقد عبّرت المديرة التنفيذية Marjorie Schaefer عن حماسها لهذا التطور، مع تسليط الضوء على التأثير المحتمل على المساهمين والموظفين.
تخطط الشركة لإصدار تفاصيل إضافية حول العمل والصناعة وخطط النمو المستقبلية خلال الأسبوع القادم. كما أوضحت NxGen أن وجودها على وسائل التواصل الاجتماعي في الوقت الحالي هو حسابها على X (@NGen_Brands)، ويمكن للمساهمين التواصل عبر البريد الإلكتروني marjschaefer.manager@gmail.com.
NxGen Brands (OTC: NXGB) 已宣布将其意向书(LOI)转化为正式购买协议,以收购一家运营中的公司。首席执行官 Marjorie Schaefer 对这一进展表示兴奋,强调其对股东和员工的潜在影响。
公司计划在下周公布更多关于业务、行业及未来增长计划的详细信息。NxGen 还澄清,他们目前唯一的社交媒体存在就是其 X 账户 (@NGen_Brands),股东可通过电子邮件联系 marjschaefer.manager@gmail.com。
- Progression from LOI to formal Purchase Agreement indicates deal advancement
- Acquisition of an established operating company signals business expansion
- Lack of disclosure about acquisition target and deal terms
- Limited details about financial impact and strategic benefits
DENVER, Sept. 18, 2025 (GLOBE NEWSWIRE) -- NxGen Brands, Inc. (OTC: NXGB) ("NxGen" or the "Company") (www.nxgenbrands.com) – is pleased to announce that the company has moved its signed LOI to an official Purchase agreement. Both the Seller and the Buyer are excited about the opportunity for the company, its shareholders, and employees. The company looks forward to providing another news release in the coming week, which will detail the business, industry, and the company’s future plans to end the year strong and future growth.
Marjorie Schaefer, the Company’s CEO, stated, "I am very excited to have taken this step forward in turning our LOI into a signed purchase agreement with an established operating company. Closing this great deal provides a great opportunity to make a big splash in the industry for our shareholders and employees. More updates to come!"
To better reflect the company's new direction, please disregard all past social media posts and/ or news releases. A company press release will verify any new social media outlets. Currently, the only media outlet is the company's X account, @NGen_Brands. To improve communication with our shareholders, please email us at marjschaefer.manager@gmail.com. The Company's new website is https://www.nxgenbrands.com. All information can be verified at https://www.otcmarkets.com/stock/NXGB/profile. We will be providing many more updates for our shareholders as the company moves in a new direction.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. The company may make forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates that reflect the company's best judgment based upon current information. All investments involve risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identify from time to time in the company's public announcements.
Contact: marjschaefer.manager@gmail.com
