Worldwide Holdings Delaware Corp. Applies to OTC Markets for Listing to Publish Financial Data
Worldwide Holdings Delaware (OTC:WWDH) is moving towards becoming a fully reporting company, intending to raise capital through a Regulation A stock offering.
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Rhea-AI Summary
Worldwide Holdings Delaware (OTC:WWDH) is moving towards becoming a fully reporting company, intending to raise capital through a Regulation A stock offering. The company is merging with LED Lites USA and SanAir Inc., while acquiring Net Zero Farm’s product line to enter the LED lighting market. The UVC Germicidal Troffer Ceiling Light product line, aimed at combating Covid-19 and other pathogens, is highlighted as a key offering. With new management focusing on expansion in renewable energy and healthcare, WWDH aims for sustained growth and profitability.
Positive
- Plans for full reporting with SEC regulations.
- Capital raise through Regulation A stock offering.
- Merging with LED Lites USA and SanAir to enter the LED market.
- Focus on germicidal products addressing Covid-19.
- Opportunities in government contracts and Buy American initiatives.
Negative
- None.
Details
News Market Reaction – WWDH
The recorded move for WWDH in the trading session of this news was -22.00%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Worldwide Holdings Delaware is working to become fully reporting with intent to offer Regulation A stock.
Las Vegas, Nevada, Aug. 03, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Worldwide Holdings Delaware Corp. (OTC:WWDH) announces that it has applied to OTC Markets to upload current financial data to their website for public dissemination. The company has a plan to become fully reporting per SEC regulations and raise capital through a Regulation A stock offering as it moves into production.
To launch production of Renewable Energy Systems, WWDH is merging with LED Lites USA Inc., SanAir Inc. and acquiring Net Zero Farm’s product line in a stock exchange transaction. This will place WWDH in the LED lighting market with products covering all commercial LED applications. The company is particularly excited about the UVC Germicidal Troffer Ceiling Light product line which addresses pathogens including Covid-19 and its variants in hospitals, healthcare, store, restaurants and office environments.
SanAir Inc. complements the LED Lites USA germicidal products with portable and wall plug-in germicidal air sanitizer units. Aimed at home and office applications, these units can eliminate pollen, bacteria and virus pathogens with a combination of HEPA filtration and UVC germicidal inactivation with patent pending technology.
As an American manufacturing company producing LED lighting products, SanAir UV germicidal air purifiers and solar power battery backup systems, WWDH has opportunities in government contracts and Buy American customers. The new management team has a roadmap developed to expand its production of Healthcare and Renewable Energy product lines with the long-term intention of sustained growth and profits.
CEO Donald MacIntyre says, “We are very excited by our participation in the Renewable Energy field with developments in solar battery technology as well as the Healthcare market with Covid-19 inactivating SanAir germicidal air purifiers.”
The company plans continued expansion in both markets over the coming year.
The company will post all news on the company’s website www.worldwideholdingsdelaware.com.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Bruce Macintyre
702-685-9524
brucem@worldwideholdingsdelaware.com
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