Starstream Entertainment, Inc. Announces Completion of Acquisition of CityWalk E-Bike Inc. a China Focused Urban Mobility E-Bike Company

Rhea-AI Summary

Starstream Entertainment (OTC: SSET) announced on Jan 21, 2026 the completion of its acquisition of CityWalk e-Bike Inc., a China-focused urban mobility company. The acquisition brings a portfolio of electric bicycles and related sustainable-transportation services into Starstream as part of its strategic transformation from entertainment into broader commercial initiatives aimed at long-term shareholder value.

The company described the deal as aligned with its growth objectives and commitment to shareholders.

Positive

• Completed acquisition of CityWalk e-Bike Inc. on Jan 21, 2026
• Adds urban mobility portfolio focused on electric bicycles and related services
• Geographic focus on China market expansion

Negative

• No transaction terms disclosed (price, consideration, or financing)
• No pro forma financials or quantified impact on revenue/profit were provided

LAS VEGAS, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Starstream Entertainment, Inc. (OTC: SSET) (“Starstream” or the “Company”) is pleased to announce that it has successfully completed the acquisition of CityWalk e-Bike Inc., a China-focused urban mobility solutions provider.

Under the terms of the definitive agreement, Starstream has acquired CityWalk e-Bike Inc., bringing into the Company a robust portfolio of urban mobility products, and related services designed for the rapidly expanding sustainable transportation market.

Mr. Ding Zhao, CEO of Starstream Entertainment, stated, “We are extremely excited to complete this acquisition of CityWalk e-Bike Inc. offerings and strategic market positioning align with our long-term growth objectives and support our commitment to delivering meaningful shareholder value.”

About Starstream Entertainment, Inc.

Starstream Entertainment, Inc. is a Nevada-based public company listed on the OTC Markets (OTC: SSET). Historically known for entertainment production and development, the Company has undertaken a strategic transformation to evaluate and execute broader commercial initiatives designed to enhance long-term shareholder value.

About CityWalk e-Bike Inc.

CityWalk e-Bike Inc. is a China-focused urban mobility company specializing in electric bicycles and sustainable transportation solutions for global markets.

Forward-Looking Statements

This press release contains forward-looking statements, including expectations regarding the benefits of the acquisition, future operations, and growth opportunities. These statements are based on current expectations and are subject to risks and uncertainties that may cause actual results to differ materially. Starstream disclaims any obligation to update forward-looking statements except as required by law.

Contact:

CityWalk e-Bike Inc.

Email: info@citywalkebike.com

FAQ

What did Starstream (OTC: SSET) announce on January 21, 2026 about CityWalk e-Bike?

Starstream announced it completed the acquisition of CityWalk e-Bike Inc., a China-focused urban mobility company.

How does the CityWalk e-Bike acquisition change Starstream's business strategy for SSET?

The acquisition adds a portfolio of electric bicycles and sustainable-transport services as part of Starstream's strategic transformation beyond entertainment.

Did Starstream disclose the purchase price or financing terms for CityWalk e-Bike in the SSET announcement?

No; the announcement did not disclose the purchase price, financing or other transaction terms.

Is CityWalk e-Bike focused on domestic or international markets according to the SSET release?

CityWalk e-Bike is described as China-focused with sustainable transportation solutions for global markets.

When will investors see financial impact from the CityWalk acquisition for SSET?

The announcement did not provide pro forma financials or a timeline for when the acquisition will affect SSET financial results.