NEWPORT BEACH, Calif., March 29, 2025 (GLOBE NEWSWIRE) — GivBux, Inc. (OTC: GBUX) (“GivBux” or the Firm”), a publicly traded Tremendous App and charitable giving platform, right this moment introduced the meant sale of a 30% fairness stake within the Firm for $212 million. The transaction is designed to be accomplished via a non-dilutive construction to guard and improve long-term shareholder worth.
As a part of the transaction, $212 million can be invested into an income-oriented technique managed by an skilled, actual property centered personal credit score asset supervisor. This multiyear dedication is designed to provide constant money circulate to offer funding to GivBux to help the general growth of the Firm and its Tremendous App platform. The bulk shareholder of GivBux has voluntarily agreed to retire a portion of its shares to reduce dilution to shareholders.
Extra particulars concerning the transaction can be out there within the Firm’s 8-Ok submitting.
Umesh Tim Singh, President of GivBux, Inc., mentioned, “This funding would mark a big milestone within the Firm’s progress technique and place GivBux for international growth.”
About GivBux, Inc.
The GivBux Tremendous App revolutionizes procuring by providing a user-friendly software to make purchases swiftly and effectively at over 100 nationwide retailers and an increasing roster of native retailers. Customers earn money again on each buy, a portion of which might be directed in the direction of a charity of their alternative, embodying GivBux Inc.’s dedication to “give again.”
The GivBux Tremendous App is free to make use of and out there now on the Google Play Store (Android) and the Apple App Store (IOS). The GivBux Tremendous App continually evolves and provides new enhancements and functionalities, together with social networking, e-commerce, banking, messaging, meals supply, and transportation.
GivBux is forging a brand new path in e-commerce and charitable giving and aspires to construct the most important neighborhood of givers, first in the USA and ultimately worldwide. For extra particulars and common updates, go to https://givbux.com.
This press launch accommodates “forward-looking statements.” Though the forward-looking statements on this launch mirror the great religion judgment of administration, forward-looking statements are inherently topic to recognized and unknown dangers and uncertainties which will trigger precise outcomes to be materially totally different from these mentioned in these forward-looking statements. Readers are urged to rigorously assessment and contemplate the varied disclosures made by GivBux, Inc. in our stories filed with the Securities and Alternate Fee, together with the danger elements that try and advise events of the dangers which will have an effect on our enterprise, monetary situation, outcomes of operation and money flows. If a number of of those dangers or uncertainties materialize, or if the underlying assumptions show incorrect, our precise outcomes could range materially from these anticipated or projected. Readers are urged to not place undue reliance on these forward-looking statements, which converse solely as of the date of this launch. We assume no obligation to replace any forward-looking statements in an effort to mirror any occasion or circumstance which will come up after the date of this launch. The Firm intends that each one statements included herein, together with these referring to future revenues and earnings, be topic to the “Secure Harbors” provision of the Non-public Securities Litigation Reform Act of 1995.
Contact:
Umesh Singh, President
Electronic mail: ir@Givbux.com
www.GivBux.com
Instagram: https://www.instagram.com/givbux/
X (previously Twitter): https://twitter.com/givbux
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