Sino-Global Changes Name to Singularity Future Technology Ltd.; Reflects New Focus and Mandate
Great NECK, N.Y., Jan. 5, 2022 /PRNewswire/ — Sino-Global Shipping and delivery The usa, Ltd. (NASDAQ: SINO) the “Business”) currently declared it is switching its name to Singularity Foreseeable future Technological know-how Ltd. to mirror its new concentrate and mandate. The Firm’s shares are predicted to start buying and selling on NASDAQ underneath the new ticker symbol “SGLY” beginning January 7, 2022.
The Firm began an formidable strategic company change in 2021, as it leveraged its core experience in logistics and shipping and delivery to accelerate its diversification and progress in cryptocurrency and other new markets. The official name adjust acknowledges the Firm’s sizeable development and represents the most current action in aligning the Company’s business to its growth efforts in cryptocurrency and other new marketplaces.
Main Executive Officer, Mr. Yang “Leo” Jie, commented, “The formal identify transform to Singularity Upcoming Know-how much better embodies the Company’s route and mandate. We made major development in 2021, which include government leadership variations, new strategic partnerships, and investments built to create our technological innovation management. Both our Board of Administrators and administration workforce preferred to make the formal identify change to improved reflect our organization, as we continue being focused on accelerating growth in cryptocurrency and other new markets. This is a very remarkable time for us in the Company’s evolution, and we thank our shareholders for their continued guidance as we work to produce price.”
About Singularity Foreseeable future Technological innovation Ltd.(NASDAQ: SGLY)
Established in the United States in 2001, Sino-World Transport America, Ltd. has been diversifying into the cryptocurrency industry, though continuing to guidance and increase its delivery, chartering, logistics and connected products and services organization. Headquartered in New York, The Organization has offices in Mainland China and United States. Additional information about the Company can be discovered on the Company’s corporate website at www.sino-worldwide.web.
Specified statements manufactured herein are “ahead-seeking statements” inside of the this means of the “safe and sound harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Forward-searching statements may be determined by the use of phrases such as “foresee”, “think”, “expect”, “estimate”, “strategy”, “outlook”, and “challenge” and other similar expressions that predict or indicate foreseeable future activities or developments or that are not statements of historical issues. This sort of ahead-seeking statements contain SGLY’s estimated and long term results of functions, small business procedures, competitive position, business ecosystem and possible development possibilities. In addition, there is uncertainty about the spread of the COVID-19 virus and the affect it will have on SGLY’s operations, the demand from customers for SGLY’s items and expert services, world-wide provide chains and financial exercise in typical. What’s more, the worth of cryptocurrencies may possibly fluctuate appreciably over time, and the accomplishment of the JV and its solutions are not confident. These forward-searching statements reflect the recent assessment of existing details and are issue to many risks and uncertainties. As a consequence, warning should be exercised in relying on ahead-searching statements. Because of to recognized and unfamiliar pitfalls, our true final results may perhaps vary materially from our anticipations or projections. All forward-seeking statements attributable to the Organization or people acting on its behalf are expressly certified in their entirety by these elements. Other than as required below the securities guidelines, the Enterprise does not presume a duty to update these ahead-on the lookout statements.
More information and facts concerning these and other components that may well influence our expectations and projections will be uncovered in our periodic filings with the SEC, which includes our Annual Report on Form 10-K for the fiscal calendar year finished June 30, 2021. SGLY’s SEC filings are accessible publicly on the SEC’s website at www.sec.gov. SGLY disclaims any obligation to update the forward-searching statements, whether as a consequence of new data, long term events or otherwise.
Source Sino-International Transport America, Ltd.