Welcome to our dedicated page for The Alkaline Water news (Ticker: WTER), a resource for investors and traders seeking the latest updates and insights on The Alkaline Water stock.
The Alkaline Water Company, Inc. (OTC: WTER) is a premium beverage company in the soft drink manufacturing sector, focused on high-quality alkaline water products under its Alkaline88® brand. This news feed aggregates company-issued updates and regulatory disclosures that highlight how WTER is managing its operations, capital structure, and market positioning.
Recent news has emphasized capital structure reset and balance sheet actions, including the cancellation of multiple convertible notes and the cancellation of a large block of common stock previously issued in connection with an asset purchase. The company has also reported a 1-for-10 reverse stock split, framed as a step to address legacy capital structure issues and support a qualified Tier 1 Regulation A offering.
Investors following WTER news will see coverage of its Regulation A offering qualification by the SEC, planned use of proceeds for working capital and corporate purposes, and its stated goal of resuming, stabilizing, and expanding operations as described in the offering circular. Additional updates include the completion of a PCAOB-audited financial statement for a fiscal year and the filing of an application for uplisting to the OTCQB market tier, along with detailed cautionary language about the uncertainties of that process.
News items also cover governance and strategic initiatives, such as the appointment of a new board member with experience in governance-led transformation and the company’s strategic advisory agreement with The Bitcoin Group to evaluate a potential digital asset treasury strategy. Readers can use this page to monitor developments across governance, financing, debt reduction, share structure changes, and other material corporate actions disclosed by The Alkaline Water Company.
The Alkaline Water Company (NASDAQ: WTER) announced that it has regained compliance with NASDAQ's minimum bid price requirements for continued listing. The letter from NASDAQ confirmed that the company's stock closed at $1.00 or more for ten consecutive business days, from May 19 to June 2, 2020. This compliance allows the company to continue its listing on the Nasdaq Capital Market, marking a positive turnaround following prior concerns regarding its stock price.
The Alkaline Water Company (NASDAQ: WTER) announced that ShopRite will carry four flavors of its A88 Infused™ flavored water in all 280 locations. This move supports the company’s east-coast expansion and follows the addition of thousands of new retail locations, reaching about 70,000 nationwide. The company projects continued strong demand through the summer. The A88 Infused™ line features zero-calorie, all-natural flavors, including Blood Orange and Watermelon, and has secured commitments from over 12,500 retail stores.
The Alkaline Water Company (NASDAQ and CSE: WTER) has appointed Nicholas Salimbene as Director of Operations, bringing over a decade of bottled water industry experience, primarily from Primo Water. Salimbene will focus on operational efficiencies, oversee co-packing facilities, and support new packaging initiatives. The Company aims to expand into foodservice and hospitality channels while continuing to drive record revenues through its flagship brand, Alkaline88®. The appointment seeks to leverage strong demand and enhance growth strategies.
The Alkaline Water Company (NASDAQ: WTER) announced that its shares will start trading on the Canadian Securities Exchange (CSE) on May 19, 2020, following approval for the listing. This move is accompanied by the delisting of its shares from the TSX Venture Exchange, effective May 15, 2020. The transition aims to facilitate trade in Canadian dollars and strengthen market presence. The company's product lineup includes bottled alkaline water and CBD-infused products, marketed under Alkaline88®, A88™, and A88CBD™ brands.
The Alkaline Water Company (NASDAQ: WTER) has expanded its product line by launching A88CBD™ ingestible products, available on A88CBD.com and at Pure CBD stores in Los Angeles. The new lineup includes CBD-infused capsules, tinctures, gummies, and beverages. CEO Richard Wright highlighted the successful introduction of their A88CBD™ topical products and the increasing retailer demand for more CBD offerings. The company is focusing on enhancing its e-commerce presence with educational content and customer engagement features, aiming to solidify its position in the growing CBD market.
The Alkaline Water Company Inc. (NASDAQ: WTER) reports the expansion of its flagship brand, Alkaline88®, into one of the world's largest grocery chains in the U.S. This retailer is focusing on smaller stores and has begun selling 3-liter and 1-gallon bottles. Currently, Alkaline88® is available in over 60,000 retail locations, and the company anticipates continued growth, particularly for its A88 Infused™ and A88CBD Infused™ product lines in fiscal 2021. The company's CEO emphasized the strength of the current pipeline for new opportunities.
Summary not available.