Newport Beach, California, March 29, 2025 (Globe Newswire) – GIVBUX, Inc. (OTC: GBUX) (“GIVBUX” or the company “), a listed super app and the Platform for charitable settings, today has announced the intended sale of a share interest of 30% in the company for $ 212 million. The transaction is designed to be completed through a non-dilative structure.
As part of the transaction, $ 212 million will be invested in an income -oriented strategy managed by an experienced, property -oriented private credit activa manager. This multi -year obligation is designed to produce a consistent cash flow to offer GIVBUX financing to support the overall expansion of the company and its Super app platform. The majority shareholder of GIVBUX has voluntarily approved the retirement of part of his shares to minimize the dilution for shareholders.
Additional details regarding the transaction are available in the 8-K entry of the company.
Umesh Tim Singh, President of Givbux, Inc., said: “This investment would mean an important milestone in the growth strategy of the company and the position -Givbux for global expansion.”
About GIVBUX, Inc.
The GIVBUX Super-App is revolutionizing shopping by offering a user-friendly tool to make purchases quickly and efficiently with more than 100 national retailers and a growing selection of local traders. Users earn back money from every purchase, some of which can be focused on a charity of their choice that the dedication of GIVBUX Inc. embody to ‘return’.
The GIVBUX Super app is free to use and now available The Google Play Store (Android) and the Apple App Store (IOS). The GIVBUX Super app is constantly evolving and adds new improvements and functionalities, including social networks, e-commerce, banking, messages, food delivery and transport.
Givbux forge a new path in e-commerce and charity institution and strives to build the largest community of givers, first in the United States and ultimately worldwide. For more information and regular updates, visit https://givbux.com.
This press release contains “future -oriented statements”. Although the future -oriented statements in this release reflect the good wedding judgment of management, future -oriented statements are inherently subjected to known and unknown risks and uncertainties that can cause the actual results to differ essentially from those that are discussed in these future -oriented statements. Readers are carefully encouraged the various disclosures of GIVBUX, Inc. To consider and consider in our reports that have been submitted to the Securities and Exchange Commission, including the risk factors trying to advise interested parties on the risks that can influence our activities, financial condition, results and cash flows. If one or more of these risks or uncertainties occur, or if the underlying assumptions prove to be incorrect, our actual results may differ substantially from the expected or projected. Readers are encouraged not to place unnecessary dependence on these future -oriented statements, which only speak on the date of this release. We do not have an obligation to update future -oriented statements to display an event or circumstance that can occur after the date of this release. The company plans that all statements included herein, including those who refer to future income and income, are subject to the “safe ports” provision of the private securities litigation reform act from 1995.
Contact:
Umesh Singh, President
E -Mail: [email protected]
www.givbux.com
Instagram: https://www.instagram.com/givbux/
X (formerly Twitter): https://twitter.com/Givbux
