Anzeige
Mehr »
Freitag, 11.07.2025 - Börsentäglich über 12.000 News
Millionenschwerer Einstieg!: Ein europäischer Finanzriese setzt auf dieses Projekt - folgen Sie den Profis?
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
ACCESS Newswire
213 Leser
Artikel bewerten:
(1)

Qrons / First Person Provides Shareholder Update and Strategic Overview

Audit Progress, Reg A Preparation, and Product Launches Underpin a Strong Path Forward

LOS ANGELES, CA / ACCESS Newswire / July 10, 2025 / Following our successful merger with QRONS, Inc., First Person has continued to be a pioneering cognitive performance company, focused on science-backed, proprietary products in supplements, functional beverages, and novel B2B ingredient supply. We recognize that some legacy QRON shareholders may not have full visibility into our mission and current plans, therefore we want to provide this update to ensure all stakeholders are well-informed about our path forward.

First Person

First Person
First Person logo

Market Status and Next Steps

We've been working diligently to complete our post-merger audits and required SEC filings. Due to the complexity of the acquisition and the volume of work required by our third party accountants and auditors, we anticipate a potential brief transition from the OTCQB to the OTC Expert market effective July 18, as our 15c2-11 filing will lapse temporarily on that date should we not be able to file our Form 10-Q on or before July 17, 2025. We're still working hard to meet that deadline, however, it may take us additional time to fully complete the required fiscal audits of First Person as well as the required audit review for Qrons consolidated Form 10-Q for the three- and six-month periods ended March 31 and June 30, 2025.

We want to reassure shareholders that in the event this change to our listing tier with OTCMarkets occurs, it would represent a short-term administrative step. If we don't meet the July 17 reporting deadline, we expect to be in a position to complete all required filings as quickly as possible and, once uploaded to Edgar, to concurrently submit to requalify for the OTCQB market tier. We expect approval of an updated Form 211 by OTCMarkets and a concurrently proposed Reg A capital raise to occur in a similar timeframe.

While we recognize this is not an ideal transition, it doesn't fundamentally impact our business or growth strategy. It's simply a technical listing change while we finalize our financial reporting, and we're confident in our ability to move back to the OTCQB market tier promptly.

Who We Are

First Person's built a category-defining brand platform at the intersection of cognitive performance and better social drinking solutions. Our proprietary dual-extraction and co-crystallization processes deliver advanced cognitive benefits through great-tasting, easy-to-use products that fit seamlessly into customers' routines.

Our flagship cognitive supplements target neurotransmitters involved in motivation & focus, stress & mood balance, and deep restorative sleep, with over $13 million in sales since launch. This year, we plan to launch our ready-to-drink, alcohol- and THC-free social tonic featuring crystallized kanna, lion's mane, and mango leaf extracts to deliver a clean-label, feel-good social buzz without the hangover.

We've also launched a novel B2B ingredient strategy, highlighted by our first shipment of crystallized lion's mane to a customer last quarter, unlocking another layer of growth through partnerships and licensing.

Why We Are Confident

  • Proprietary ingredient technology that gives us product and channel moats

  • Strong consumer demand demonstrated by our supplement performance and expanding product roadmap

  • Diversified, high-growth revenue streams, including direct-to-consumer, wholesale, and B2B ingredient licensing

  • Experienced leadership with a proven track record in CPG innovation, capital markets, and building successful omni-channel brands

  • Large market opportunity, with the global non-alcoholic beverage market projected to exceed $30 billion as consumers shift to healthier, mood-enhancing options

Our layered business model positions us to lead this cultural shift away from traditional alcohol and toward science-backed, socially oriented cognitive wellness.

Commitment to Shareholders

Since the merger, we've taken significant steps to strengthen and streamline our operations, including improving gross margins, expanding distribution partnership opportunities, and preparing for a broader launch of our next-generation social tonic later this year. We've expanded our support team to include sufficient personnel to allow for timely public reporting going forward.

We remain fully committed to creating long-term shareholder value and executing our growth strategy. The potential brief transition to OTC Expert Market is purely a timing issue tied to our audits and required regulatory filings and we expect to regain OTCQB status in short order. We appreciate your support and patience as we complete these final hurdles in the merger process. More information along with a visual business overview can be found here.

Contact Information

Cory Rosenberg
CEO
cory.rosenberg@firstpersongroup.com

.

SOURCE: First Person



View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/consumer-and-retail-products/qrons-%2f-first-person-provides-shareholder-update-and-strategic-overvie-1047641

© 2025 ACCESS Newswire
Hensoldt, Renk & Rheinmetall teuer
Rheinmetall, Renk und Hensoldt haben den Rüstungsboom der letzten Jahre dominiert, doch inzwischen sind diese Titel fundamental heillos überbewertet. KGVs jenseits der 60, KUVs über 4, und das in einem politisch fragilen Umfeld mit wackelnder Haushaltsdisziplin. Für späteinsteigende Anleger kann das teuer werden.

Doch es gibt Alternativen, die bislang unter dem Radar fliegen; solide bewertet, operativ stark und mit Nachholpotenzial.

In unserem kostenlosen Report zeigen wir dir, welche 3 Rüstungsunternehmen noch Potenzial haben und wie du von der zweiten Welle der Zeitenwende profitieren kannst, ohne sich an überhitzten Highflyer zu verbrennen.

Holen Sie sich den neuesten Report! Verpassen Sie nicht, welche Aktien besonders vom weltweiten Aufrüsten profitieren dürften, und laden Sie sich das Gratis-PDF jetzt kostenlos herunter.

Dieses exklusive Angebot gilt aber nur für kurze Zeit! Daher jetzt downloaden!
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.