NEW
YORK, Feb. 13, 2025 /PRNewswire/ - 111 Equity is
very encouraged by this transaction and looks forward to more
information on the transaction being released to the market soon.
The CEAD board and CEO Tony
McDonald are proving to be great stewards of the company's
resources in securing a company with attractive operations, double
digit revenue growth, and a deal that has little dilution to CEAD
shareholders. As one of the company's largest shareholders, 111
Equity is very excited for the future growth opportunities of Fat
Panda as a publicly traded company and believe the company will be
an industry leader.
Disclaimers
This press release is not an offer to purchase or a solicitation
of an offer to sell any stock. Any solicitation or offer will only
be made through materials filed with the SEC.
This press release contains 111 Equity's current views on the
value of stock of CEAD and certain actions that the board of
directors of CEAD might take to enhance the value of CEAD's stock.
The views expressed in this press release are based on 111 Equity's
and the principal's own analyses of publicly available information
and assumptions such parties believe to be reasonable. There can be
no assurance that the information considered and analyzed is
accurate or complete. Similarly, there can be no assurance that 111
Equity's and the principal's assumptions are correct. The actual
performance and results of CEAD may differ materially from 111
Equity's and the principal's assumptions and analyses.
This press release also references the size of 111 Equity's and
its principal's current holdings of shares in CEAD. 111 Equity's
and its principal's views and holdings could change at any time.
111 Equity Group and its principal reserve the right to modify
their ownership of shares, including, without limitation, the
purchase or sale of shares at any time and may reconsider and
change their plans, including ceasing to engage in discussion with
management, at any time. We may take any of these or other actions
regarding CEAD without updating this press release or providing any
notice whatsoever of any such changes (except as otherwise required
by law).
Forward-Looking Statements
Certain statements contained in this press release are
forward-looking statements including, but not limited to,
statements that are predictions of or indicate future events,
trends, plans or objectives. Undue reliance should not be placed on
such statements because, by their nature, they are subject to known
and unknown risks and uncertainties. Due to such risks and
uncertainties, actual events or results or actual performance may
differ materially from those reflected or contemplated in such
forward-looking statements. Forward-looking statements can be
identified by the use of the future tense or other forward-looking
words such as "believe," "might, "expect," "anticipate," "intend,"
"plan," "estimate," "should," "could," "may," "will," "objective,"
"projection," "forecast," "continue," "strategy," "position" or the
negative of those terms or other variations of them or by any
comparable terminology.
Important factors that could cause actual results to differ
materially from the expectations set forth in this press release
include, among other things, the factors identified in the public
filings of CEAD and other information generally available in the
market. Such forward-looking statements should therefore be
construed considering such factors, and 111 Equity and its
principal are under no obligation, and expressly disclaims any
intention or obligation, to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law.
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SOURCE 111 Equity Group
