A Holiday Message from Xeriant
Rhea-AI Summary
Xeriant (OTCQB: XERI) released a holiday message highlighting its 2024 achievements and 2025 outlook. The company made significant progress with NEXBOARD™, a composite building panel made from recycled plastic and fiber waste for the green construction materials market. Throughout 2024, Xeriant established partnerships with equipment manufacturers, chemical suppliers, and leading homebuilders. The company expects to announce aerospace-related developments in Q1 2025.
NEXBOARD's development has exceeded initial expectations, combining environmental sustainability with potential industry-changing capabilities. The company focuses on long-term goals over quick wins, aiming to create technologies that redefine industries.
Positive
- Development progress of NEXBOARD™ composite building panel
- Established partnerships with equipment manufacturers, chemical suppliers, and homebuilders
- Upcoming aerospace announcements planned for Q1 2025
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, XERI declined 1.18%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
BOCA RATON, Fla., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI) (“Xeriant” or “the Company”), dedicated to the discovery, development, and commercialization of disruptive technologies in advanced materials and aerospace, today released a holiday message from its CEO, Keith Duffy:
Dear Shareholders and Valued Associates,
As we gather with family and friends to celebrate this special time of year, I want to take a moment to extend my warmest holiday wishes and heartfelt gratitude for your continued support.
Reflecting on 2024, Xeriant made significant progress with the development of NEXBOARD™, a novel and potentially transformative composite building panel made primarily from recycled plastic and fiber waste, targeting the emerging green construction materials market. Our goal was to produce a cost-competitive, eco-friendly product that deploys the latest advancements in polymer science and manufacturing techniques to deliver superior durability and sustainability.
Each step forward has validated our mission and opened new doors. Over the course of the year, we have also built strong industry relationships with equipment manufacturers, chemical suppliers, and leading homebuilders. We are well-positioned for some major wins in 2025.
Technology continues to drive Xeriant’s mission and, while the journey hasn’t always been easy, the direction we have chosen is one we believe will lead to game-changing outcomes. As a smaller company navigating big ambitions, we have consistently aimed high, worked hard, and remained steadfast in pursuing long-term, meaningful goals over quick wins.
NEXBOARD’s development exemplifies this mindset. What began as a promising environmental initiative has evolved into a construction technology that could reshape industries. Our efforts to refine and enhance NEXBOARD have gone far beyond initial expectations, driven by a shared commitment to both sustainability and shareholder value.
The feedback and goodwill we’ve received throughout 2024 have been immensely encouraging, but we’re not stopping at certification. Our aspirations stretch further — to create technologies that redefine industries. In that regard, we expect to have some exciting aerospace announcements during the first quarter of 2025.
I am deeply grateful for the dedication of our team, the insights of our advisors, and the ongoing support from all of you. Together, we’ll continue to push boundaries and welcome new partnerships that align with our vision.
Wishing you a joyful holiday season and a 2025 filled with health, happiness, and exciting new achievements.
Xeriant, Inc.
Investor Relations Dept.
(561) 491-9595
IR@xeriant.com
Xeriant.com