WHEN

CUEN – CEO Unveils Shareholder Letter Highlighting Advances in Acquisitions, Real Estate, and Cutting-Edge Construction Technology, Alongside an Anticipated Shareholder Meeting

Retrieved on: 
Thursday, November 30, 2023

MIAMI BEACH, FL, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW) (“CUEN” or “the Company”), the foremost developer of fully integrated cybersecurity, telecommunications, and financial applications for the unbanked and underbanked Hispanic market, Cuentas, Inc.'s CEO, Mr. Arik Maimon,  delivers a thorough update in a shareholder letter, shedding light on the latest developments surrounding CUEN's imminent acquisition of WHEN, showcasing the revolutionary application of modular construction technology, outlining ongoing and prospective real estate ventures, and unveiling plans for an upcoming shareholder meeting.

Key Points: 
  • The dedication and tireless efforts of our team have propelled Cuentas toward a trajectory of growth, profitability, and increased shareholder value.
  • Our commitment translated into innovative strides across diverse sectors, including Telecommunications, Fintech, Real Estate Investments, and Construction Technology.
  • I am delighted to share the exciting news that Cuentas, Inc. has strategically positioned itself in the rapidly growing cybersecurity market.
  • Additionally, Cuentas has achieved a significant milestone in real estate with its successful entry and partnership with RENCO.

CUEN - Cuentas Achieves Remarkable Third Quarter Results, Showcasing an Astounding 861% Revenue Surge Compared to the Previous Quarter in 2023, Alongside a Noteworthy 200% Year-over-Year Growth in Cash Position.

Retrieved on: 
Monday, November 20, 2023

Expenses and losses reflect a corresponding reduction due to a decrease in sales, marketing and administrative expenses.

Key Points: 
  • Expenses and losses reflect a corresponding reduction due to a decrease in sales, marketing and administrative expenses.
  • These robust financial indicators underscore the success of its expansion strategy and its commitment to delivering value across various sectors.
  • Operating Expenses were $3.512 million, compared to $9.320 million for the nine months in the previous fiscal year quarter.
  • As of September 30, 2023, cash and cash equivalents were $1.1 million.

CUEN – Cuentas Releases Proposed Acquisition of Majority Stake in World Health Energy Holdings, Inc., Targeting $215 Billion Global Cybersecurity Market

Retrieved on: 
Tuesday, November 14, 2023

MIAMI BEACH, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW), the leading developer of a fully integrated telecommunications and financial ecosystem for the unbanked and underbanked Hispanic market, shares specifics on its recently executed binding letter of intent with WHEN Group (OTC Pink: WHEN) ("WHEN"), a developer of an alternative financial ecosystem for underbanked communities. The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority-owned subsidiary of Cuentas.

Key Points: 
  • The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority-owned subsidiary of Cuentas.
  • Cuentas intends to integrate WHEN’s portfolio of cybersecurity solutions into the Cuentas Mobile product.
  • Following the closing, WHEN will be a majority-owned subsidiary of Cuentas.
  • The executive management of WHEN will develop a detailed and granular business plan and operating budget.

Equality Health Foundation Announces Alliance with WHEN® Enterprises Corp. to Provide Well-Being Services to South Central Phoenix Families

Retrieved on: 
Wednesday, December 13, 2023

PHOENIX, Dec. 13, 2023 /PRNewswire-PRWeb/ -- As part of its commitment to positively impact the quality and longevity of life for the populations it serves, Equality Health Foundation is creating a strategic alliance with WHEN® Enterprises Corp. (WHEN) to provide well-being services in the Phoenix-area.

Key Points: 
  • PHOENIX, Dec. 13, 2023 /PRNewswire-PRWeb/ -- As part of its commitment to positively impact the quality and longevity of life for the populations it serves, Equality Health Foundation is creating a strategic alliance with WHEN ® Enterprises Corp. (WHEN) to provide well-being services in the Phoenix-area.
  • The organizations will provide life-changing well-being, mental health and career development information to underserved families and individuals in South Central Phoenix through the WHEN model of connecting clients to certified WHEN Advisors®.
  • "Well-being and balance are critical components in quality of life, and the WHEN model aligns perfectly with the array of services we will provide in the future," León added.
  • The alliance with Equality Health Foundation is another in a growing number of relationships that WHEN is forging with nonprofit organizations.

CUEN - Cuentas Announces Final Stage of Fintech and Mobile Product Development Targeting $18 billion North American Market

Retrieved on: 
Thursday, November 9, 2023

MIAMI BEACH, Fla., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW), the leading developer of a fully integrated telecommunications and financial ecosystem for the unbanked and underbanked Hispanic market, provides an update on its 'Cuentas 360' mobile app and its Mobile Fintech 'Cuentas App' with first-to-market features, including Gamification and a Tokenized Rewards program, and discloses a premium price per share of $10 for the majority acquisition of World Health Energy Holdings, Inc. (OTC: WHEN).

Key Points: 
  • Cuentas provides an update on the 'Cuentas 360' and 'Cuentas' Mobile Apps with First-to-Market Gaming Library and Token Rewards Features.
  • Cuentas provides an update on its integration of digital and mobile protection software, branded as 'Cuentas 360.'
  • Simultaneously, Cuentas is launching an updated version of its fintech 'Cuentas' mobile application.
  • The tokens will be available for sharing from a 'Cuentas' mobile app user to another 'Cuentas' mobile app user and to any device-independent user, creating a true borderless ecosystem never before launched in North America.

Proposed Acquisition by Cuentas, Inc. of Majority Stake in World Health Energy Holdings, Inc. Offers Opportunity for Expansion of WHEN Group’s Cybersecurity, AI and Telecom Technology Footprint

Retrieved on: 
Thursday, October 19, 2023

BOCA RATON, FL, Oct. 19, 2023 (GLOBE NEWSWIRE) -- World Health Energy Holdings, Inc. (OTC Pink: WHEN) (“WHEN Group”), a telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today that the majority shareholder of WHEN Group executed a binding letter of intent with Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a developer of an alternative financial ecosystem to underbanked communities. The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority owned subsidiary of Cuentas.

Key Points: 
  • The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority owned subsidiary of Cuentas.
  • WHEN Group was founded by Israeli engineers and international professionals with deep backgrounds in cybersecurity and data threat remediation in both government and private sectors.
  • WHEN Group has recently moved into telecommunications platforms with its acquisition of CrossMobile, a licensed telecom (full core mobile virtual network operator) in Poland, joining a small group of licensed telecom operators in the EU.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas.

Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market

Retrieved on: 
Monday, October 16, 2023

Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.

Key Points: 
  • Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.
  • Cuentas believes that this will provide a powerful proof of concept for the Company’s planned launch of services into the US.
  • Management believes their solutions address a broad segment of the fast-growing, multi-billion-dollar cyber security market.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas approving the transaction.

Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market

Retrieved on: 
Monday, October 16, 2023

MIAMI BEACH, FL, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), developer of an alternative financial ecosystem to the underbanked, today signed a letter of intent to acquire control of WHEN Group (World Health Energy Holdings, Inc. – OTC Pink: WHEN), pending Nasdaq and shareholder approval and other specified conditions, through a share exchange with WHEN’s principal shareholder, leaving Cuentas uniquely debt-free and well positioned to grow its mobile and FinTech lines.

Key Points: 
  • Cuentas’ Proposed Acquisition of a 75% Equity Stake in World Health Energy Holdings, Inc. (OTC Pink:WHEN) is intended to Expand Cuentas’ Mobile business and Provide critical Next-Generation Security Against Privacy and Cyber Threats.
  • Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.
  • Management believes their solutions address a broad segment of the fast-growing, multi-billion-dollar cyber security market.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas approving the transaction.

Unrivaled Brands Files S-4; Announces Corporate Reorganization to become Blüm

Retrieved on: 
Tuesday, October 10, 2023

SANTA ANA, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a Nevada cannabis company with operations throughout California, announced today that it intends to implement a reorganization in which a new Delaware holding company, Blum Holdings, Inc. (“Blüm”), would become the publicly traded holding company of Unrivaled Brands and its subsidiaries (the “Reorganization”).

Key Points: 
  • SANTA ANA, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a Nevada cannabis company with operations throughout California, announced today that it intends to implement a reorganization in which a new Delaware holding company, Blum Holdings, Inc. (“Blüm”), would become the publicly traded holding company of Unrivaled Brands and its subsidiaries (the “Reorganization”).
  • Any outstanding securities convertible or exercisable for shares of Unrivaled common stock will become securities convertible or exercisable for shares of Blüm common stock.
  • In connection with the Reorganization, Blüm has filed a registration statement on Form S-4 that includes a preliminary proxy statement of Unrivaled Brands and a preliminary prospectus of Blüm, and Unrivaled Brands and Blüm may file with the SEC other relevant documents in connection with the proposed Reorganization.
  • Unrivaled Brands and its directors, executive officers and certain other members of management and employees may be deemed to be participants in the solicitation of proxies from Unrivaled Brands’ stockholders in connection with the Reorganization.

FTC and DOJ to Co-Host October 5 Workshop on the 2023 Draft Merger Guidelines

Retrieved on: 
Wednesday, October 4, 2023

|WHAT:||The Federal Trade Commission and Justice Department are co-hosting a workshop to facilitate public dialogue on the 2023 Draft Merger Guidelines.

Key Points: 
  • |WHAT:||The Federal Trade Commission and Justice Department are co-hosting a workshop to facilitate public dialogue on the 2023 Draft Merger Guidelines.
  • The event is also co-hosted with the MIT Economics Department and the Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School.|
    |WHEN:|
    Thursday, October 5, 2023, 1:30 p.m.
  • ET
    |WHERE:||The event will be held online and in person at the Harvard Kennedy School in Cambridge, Mass.
  • A full list of participants can be found on the event page.|
    |TWITTER:|
    Join the discussion on Twitter using the hashtag #DraftMergerGuides