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Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. and Tradition’s Entire Portfolio of Corporate Subsidiaries

Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. and Tradition’s Entire Portfolio of Corporate Subsidiaries

Aqua 動力系統公司完全收購傳統運輸集團有限公司和傳統公司的整個公司子公司組合
GlobeNewswire ·  2023/01/04 10:35

Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. and Tradition's Entire Portfolio of Corporate Subsidiaries

Aqua電力系統公司全資收購傳統型運輸集團公司和傳統型公司的所有子公司

Tradition was incorporated under the laws of the State of Indiana on September 16, 2015. Tradition is headquartered in Angola, Indiana, and provides freight transportation, brokerage, truck leasing and financing, warehousing and fulfillment services throughout the United States
2015年9月16日,傳統被納入印第安納州的法律。傳統型公司總部設在印第安納州的安哥拉,在美國各地提供貨運、經紀、卡車租賃和融資、倉儲和履行服務

Winter Park, FL, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Aqua Power Systems, Inc. (OTC: APSI) ("the Company") is pleased today to formally announce and further elaborate upon the successful consummation of the recently announced LOI to wholly acquire Tradition Transport Group, Inc ("Tradition") and its entire portfolio of corporate subsidiaries.

環球通訊社佛羅裏達州温特帕克2023年1月4日電Aqua Power Systems,Inc.(場外交易代碼:APSI)(以下簡稱“本公司”)今天高興地正式宣佈,並進一步闡述了最近宣佈的全資收購傳統型運輸集團(“傳統型”)及其整個公司子公司組合的意向書的成功完成。

The completed acquisition was formally announced in an Edgarized SEC Form 8-K on Friday, December 30, 2022. Due to the enormity of the material disclosure it contains many investors will recognize this particular filing appropriately as a "Super 8-K."

完成的收購於2022年12月30日(星期五)在美國證券交易委員會8-K表格中正式宣佈。由於它所包含的重大披露的廣泛性,許多投資者將適當地將這一特殊申請視為“超級8-K”。

The Company highly encourages all interested parties to read the filing in its entirety to gain a clearer picture of the acquisition that has transpired. This release will attempt to address some of the highlights of the 8-K along with commentary from key corporate leadership.

該公司強烈鼓勵所有感興趣的各方閲讀整個申請文件,以更清楚地瞭解已發生的收購。這份新聞稿將試圖説明8-K的一些亮點,以及關鍵企業領導層的評論。

Tradition was incorporated under the laws of the State of Indiana on September 16, 2015. Tradition is headquartered in Angola, Indiana, and provides freight transportation, brokerage, truck leasing and financing, warehousing and fulfillment services throughout the United States, and manufactures and sells bolts and fasteners, and creates custom plates, cages, and embeds.

2015年9月16日,傳統被納入印第安納州的法律。傳統業總部設在印第安納州的安哥拉,在美國各地提供貨運、經紀、卡車租賃和融資、倉儲和履行服務,製造和銷售螺栓和緊固件,並製作定製的板材、保持架和嵌件。

As of December 2022, Tradition has approximately two hundred and fifteen (215) full-time employees. Sixty (60) of the full-time employees are its drivers, and one-hundred twenty-two (122) are office personnel. Tradition also has one hundred thirty-two (132) owner operator drivers.

截至2022年12月,傳統網約有215名全職員工。全職員工中有60人是司機,122人是辦公室人員。Tradition也有132名車主運營商司機。

In fiscal year 2021 Tradition Transport recorded approximately $87 million dollars of revenue in its audited financial statement.

在2021財年,傳統運輸在其經審計的財務報表中記錄了約8700萬美元的收入。

Tim Evans President and CEO of Tradition Transport stated: "Months of planning, discussing, and strategizing have come to fruition and I'm more excited for Tradition's future than ever before. First of all, let me be as clear as possible to all the Tradition family of clients, drivers, and other employees that this acquisition does not change our business trajectory other than amplifying and accelerating the path we've already been on. We believe that this acquisition positions Tradition for next-level growth. Tradition is a profitable company with an established customer base. Tradition surpassed our 2021 audited numbers by a significant margin. I'll be talking more about this soon once our 2022 audit is complete. Suffice it to say we are growing and now through this acquisition we have a rock-solid foundation that will carry us far into the future."

蒂姆·埃文斯·總裁是傳統型運輸公司的首席執行官,他説:“幾個月來的規劃、討論和戰略制定已經取得了成果,我對傳統型運輸公司的未來比以往任何時候都更加興奮。首先,讓我向所有由客户、司機和其他員工組成的傳統家族儘可能清楚地表明,此次收購併沒有改變我們的業務軌跡,只是擴大和加速了我們已經走上的道路。我們相信,此次收購將為傳統的下一步增長奠定基礎。傳統型是一家盈利的公司,擁有成熟的客户基礎。傳統遠遠超過了我們2021年的審計數字。一旦我們的2022年審計完成,我將很快就此進行更多的討論。我只想説,我們正在成長,現在通過這次收購,我們有一個堅如磐石的基礎,將把我們帶到遙遠的未來。“

As Aqua Power takes on a new life with this acquisition, the Company offered the following as a mission statement that more accurately defines the corporate business: "Our mission is to build a company that provides efficient and reliable logistics and transportation solutions that exceed the expectations of our clients and partners. We strive to be the industry leader by continuously improving our services, investing in the latest technologies, and valuing the safety and well-being of our employees and customers. Our goal is to build long-term relationships with our clients and partners through exceptional service, innovation, and a commitment to excellence."

隨着Aqua Power在此次收購中煥發出新的活力,該公司提出了以下更準確地定義公司業務的使命聲明:“我們的使命是打造一家提供高效可靠的物流和運輸解決方案的公司,超出我們客户和合作夥伴的預期。我們通過不斷改進我們的服務,投資於最新技術,並重視我們員工和客户的安全和福祉,努力成為行業領導者。我們的目標是通過卓越的服務、創新和對卓越的承諾,與我們的客户和合作夥伴建立長期的關係。”

The Company has set up a new website that will serve as a hub of corporate updates:

該公司已經建立了一個新網站,將作為公司更新的中心:

Stephen Carnes, CEO of Aqua Power stated, "It would be impossible to adequately summarize all the details and potential of this acquisition in one release, but I hope that shareholders can see the immense value that Tradition brings to Aqua Power. Updates on each of Tradition's subsidiaries will be forthcoming as well as new business. There's literally so much that it's a struggle to know where to begin. It is my hope that shareholders and investors can look at how this deal has evolved thus far and understand that I'm working to add maximum value and benefit for our valued stakeholders."

Aqua Power首席執行官斯蒂芬·卡恩斯表示:“要在一份新聞稿中充分總結此次收購的所有細節和潛力是不可能的,但我希望股東能看到傳統給Aqua Power帶來的巨大價值。傳統型子公司的最新消息以及新的業務都將陸續公佈。從字面上講,這是一件很難知道從哪裏開始的事情。我希望股東和投資者能看看這筆交易到目前為止是如何發展的,並理解我正在努力為我們寶貴的利益相關者增加最大的價值和利益。”

Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the Company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

安全港:本新聞稿包含符合1933年《證券法》第27A節和1934年《證券交易法》第21E節的前瞻性陳述。這些前瞻性陳述是基於管理層當前的計劃和預期,可能會受到一些不確定性和風險的影響,這些不確定性和風險可能會對公司當前的計劃和預期以及未來的經營結果和財務狀況產生重大影響。可能影響公司業務前景並導致實際結果與前瞻性陳述中描述的大不相同的風險和因素的更廣泛清單,可以在公司提交給證券交易委員會和場外交易市場公司的報告和其他文件中找到。公司不承擔公開更新或修改任何前瞻性陳述的義務,無論是由於新信息、未來事件還是其他原因。

Contact:
Stephen Carnes
407-674-9444

聯繫方式:
斯蒂芬·卡恩斯
407-674-9444

Attachment

依附

  • Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. and Tradition's Entire Portfolio of Corporate Subsidiaries
  • Aqua電力系統公司全資收購傳統型運輸集團公司和傳統型公司的所有子公司

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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