TOKYO, May 26, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today the appointment of Katie Field and Pavan Gill as independent directors of the Company on May 22, 2023. With a career spanning both the private and public sectors, Katie Field brings a wealth of experience and expertise in strategy consulting and executive leadership. She has held prominent positions at renowned organizations such as The White House in the office of the public liaison, The Brookings Insti
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LOS ANGELES, CA, April 23, 2024 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or "the Company") today announced that on April 17, 2024, the Company received an Additional Staff Delisting Determination (the "Additional Staff Determination") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"). The Additional Staff Determination noted that the Company is now delinquent in filing its Form 10-K for the period ended December 31, 2023 (the "Form 10-K"), which additional delinquency may serve as a separate basis for the delisting of the Company's securities from Nasdaq. The Additional Staff Determination notified the Company that the Nasdaq
LOS ANGELES, CA, March 28, 2024 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or "the Company") today announced that the Company's board of directors has resolved to effectuate a reverse stock split of AERWINS's issued and outstanding common stock, par value $0.000001 per share ("Common Stock") and has determined the ratio to be 1-for-100. AERWINS's stockholders previously approved the reverse stock split and granted the board of directors the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company's Annual Meeting of Stockholders held on November 20, 2023. The reverse stock split will become effective at the ma
TOKYO, May 26, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today the appointment of Katie Field and Pavan Gill as independent directors of the Company on May 22, 2023. With a career spanning both the private and public sectors, Katie Field brings a wealth of experience and expertise in strategy consulting and executive leadership. She has held prominent positions at renowned organizations such as The White House in the office of the public liaison, The Brookings Insti
TOKYO, May 19, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today it has appointed Kiran Sidhu as the Chairman of the Board of Directors, effective immediately. Kiran Sidhu is the Managing Member of Catalyst Capital LLC, which was founded in 1999 and invests in early-stage companies, including technology, biotechnology, and cannabis. He served as the CEO and Director of Halo Collective (NEO: HALO), a multi-state cannabis operator, and prior to that was a non-executive di
TOKYO, May 04, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today that it will participate in the EF Hutton Global Conference taking place May 10-11, 2023 at The Plaza Hotel in New York City. The Inaugural EF Hutton Global Conference is a two-day, invitation-only event featuring key executives from approximately 150 public and private companies looking to convey their unique stories to an extensive audience which includes institutional investors, high-net worth individua
TOKYO, April 26, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today that the XTURISMO has been awarded with Bronze at the 2023 Edison Awards in the AEROSPACE & FLIGHT TECHNOLOGIES field in the Air Mobility category. All nominations were reviewed by the Edison Awards Steering Committee with the final ballot determined by an independent judging panel. The panel is comprised of more than 3,000 senior business executives and academics from the fields of product development,
TOKYO, April 13, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today that it has executed a definitive Securities Purchase Agreement (the "SPA") with Lind Global Fund II LP, an investment fund managed by The Lind Partners, a New York based institutional fund manager (together, the "Investor"), pursuant to which AERWINS shall issue and sell to the Investor up to three promissory notes (the "Notes") for a total investment in AERWINS of up to $5,000,000, which Notes are conve
TOKYO, March 23, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, has reached a strategic agreement with OUTSOURCING Inc. ("OUTSOURCING") by entering into a Memorandum of Understanding ("MOU") with OUTSOURCING intending to partner via a joint venture in the Middle East. The joint venture is intended to allow AERWINS to advance its manufacturing and production capabilities of air mobility units in the Middle East. Background and Objectives of the Joint VentureAERWINS has reached an agr
TOKYO, March 16, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, has announced today that it has conducted a flight performance for the government and government entities of the United Arab Emirates ("UAE"). This flight demonstration was conducted together with AERWINS' Strategic Partner Vault Investments L.L.C. and Bayanat, an AI powered geospatial solutions provider in Abu Dhabi. From March 8 to 12, 2023, the flight demonstration and flight training for government agencies were
TOKYO, Feb. 14, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ:AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, has announced today that the XTURISMO has been selected as a finalist for the 2023 Edison Awards in the AEROSPACE & FLIGHT TECHNOLOGIES field in the Air Mobility category. Finalists are selected by a peer-related voting body, made up of top executives, academics, and innovation leaders from across the globe. The gold, silver and bronze winners will be announced at the 2023 Edison Awards Gala in Fort Myers, Florida on Apr
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