Ex-CEO of social media startup admits duping investors by claiming company had ‘Shark Tank’ backing
Lukas I. Alpert, 22 July 2021
The former chief executive of a social media startup that pitched itself as a Facebook for small businesses has pleaded guilty to swindling investors using forged documents claiming a “Shark Tank” investor was a backer and that e-commerce platform Shopify wanted to buy the company.
Glen Zinszer, 51, of Liverpool, N.Y., also admitted he had instructed employees of his now-defunct company, Brazzlebox, to create fake user accounts, including for several high-profile people, to make it look to investors like the platform was performing better than it was, federal prosecutors said. Continue reading “Article: Ex-CEO of social media startup admits duping investors by claiming company had ‘Shark Tank’ backing”
Jupiter Wellness Awarded Exclusive Distribution Agreement with Safe Sea(R) for the Entire Florida Market
ACCESSWIRE, 09 November 2020
upiter Wellness, Inc. (NASDAQ:JUPW), a cutting-edge wellness brand dedicated to providing multiple therapeutic and medical uses of cannabidiol (CBD), today announced the signing of an exclusive distribution agreement for Safe Sea products. The distribution agreement’s initial phase is through the end of 2021 and covers all of Florida.
Safe Sea develops, markets, and distributes the world’s first sunscreen that provides protection from jellyfish stings and sea lice. The Safe Sea line of products are also patent protected, biodegradable and safe to marine life, and provide UVA/UVB protection from the sun’s harmful rays. Continue reading “Article: Jupiter Wellness Awarded Exclusive Distribution Agreement with Safe Sea(R) for the Entire Florida Market”
Form S-1/A Jupiter Wellness, Inc.
BONGIOVANNI MICHAEL J, 04 July 2020
We are offering 1,000,000 units (each, a “Unit”), each Unit consisting of one share of common stock, par value $0.001 per share, and one warrant (each a “Warrant”), in a firm commitment initial public offering at an assumed price of US$7.50 per Unit. Each Warrant is immediately exercisable, will entitle the holder to purchase one share of common stock at an exercise price of US$8.50 and will expire five (5) years from the date of issuance. The shares of common stock and Warrants may be transferred separately immediately upon issuance.
We intend to apply to list our shares of common stock and Warrants for trading on the Nasdaq Capital Market, subject to official notice of issuance, under the symbols “JUPW” and “JUPWW”. Completion of this offering is contingent on the approval of our listing application for trading on the Nasdaq Market.
We are an emerging growth company under the Jumpstart our Business Startups Act of 2012, or JOBS Act, and, as such, may elect to comply with certain reduced public company reporting requirements for future filings. Investing in our securities involves a high degree of risk.
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