HONG
KONG, Feb. 16, 2024 /PRNewswire/ -- Infobird
Co., Ltd (NASDAQ: IFBD) ("Infobird" or the "Company"), a
software-as-a-service provider of AI-powered customer engagement
solutions in China, today
announced that there will be no financing plan in the next three
months.
Our management team would appreciate for potential investors
continued attention and interest to the Company, and we have raised
some operating funds in previous financing activities will help us
better expand our business. To better protect the interests of our
small and medium shareholders, our management team decided not
carry out any financing activities in the next three months and
suspend previous financing activities conducted by the Company
after speaking with and agreed by previous investors. We will
continue to diligently develop the Company's business and seek new
opportunities.
About Infobird Co., Ltd
Infobird, headquartered in Hong
Kong, is a software-as-a-service provider of innovative
AI-powered, or artificial intelligence enabled, customer engagement
solutions. For more information, visit Infobird's website at
www.Infobird.com.
Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Words such as "plans", "will," "future," "expects,"
"believes," and "intends," or similar expressions, are intended to
identify forward-looking statements. Statements that are not
historical facts, including statements about the Company's beliefs
and expectations, are forward-looking statements. All
forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events, results, conditions or performance of the Company. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the
date they are made. In evaluating such statements, investors and
prospective investors should review carefully various risks and
uncertainties and other matters identified in the Company's filings
with the U.S. Securities and Exchange Commission. These risks and
uncertainties could cause the Company's actual results to differ
materially from those indicated in the forward-looking statements.
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, except as may be required
by law.
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SOURCE Infobird Co., Ltd