-Enterprise identify change registration on OTC Market to take impact shortly
-BoxVn is the one supplier devoted to offering full provide chain services
-Firm having fun with large progress by remodeling logistics, leveraging e-commerce utilization
-BoxVn Engages Extremely Regarded Launchpad IR to Handle Investor Relations
LONDON, Oct. 12, 2020 (GLOBE NEWSWIRE) — BoxVn Restricted (OTCPINK:VCEX), an rising chief within the fast-growing Driver and Gentle Business Automobile (LCV) provide section of the logistics business, is happy to announce that the Firm’s frequent shares now commerce on the Over-The-Counter market. As well as, the Firm has engaged New York-based Launchpad IR (www.launchpadir.internet) as its company of document for Investor Relations. Launchpad IR is a widely known chief in rising progress firm company communications and investor relations targeted on creating market consciousness for rising progress firms.
BoxVn Background
Since its inception in 2018, BoxVn has achieved robust progress charges led by its focused enterprise model, which seeks to supply high-level service at reasonably priced price factors masking the final mile of supply. BoxVn separates itself from the competitors by offering each the driving force recruitment and car, together with insurance coverage for the driving force and items in transit. BoxVn is a market-leading service so distinctive that it has revolutionized driver life cycle, driver help and driver assets offering a dependent and integral service to one of many greatest and quickest rising sectors on this planet. Administration’s deep understanding of the courier and on-line procuring markets guarantee we’re in a position to constantly ship for our companions at each stage.
Publish COVID-19, the worldwide logistics market dimension is projected to develop from USD $2.7 billion in 2020 to USD $3.2 billion by 2021, a YoY enhance of 17.6%. Main drivers embrace an increase within the provide of important commodities and substantial will increase in e-commerce. This market evolution has fostered BoxVn’s progress and led to a key partnership with Zego, an revolutionary car and fleet insurance coverage supplier. Zego presents BoxVn with a powerful benefit over market rivals, as the one complete industrial car provider providing car rent, driver recruitment and customized insurance coverage insurance policies packaged into one.
Going Public
James Gilzean, Managing Director of BoxVn commented on the landmark occasion, “We are excited to commence trading in the U.S. and look forward to the Company, our employees, shareholders, and customers to benefit from being a publicly trading Company. We are also very excited that we have attracted the interest of Launchpad IR to represent the Company, tell our story to their large audience and take the journey down the public path with BoxVn. Our objective is to drive growth and innovation in this segment. Based on our strong 2Q20 revenue growth, we are already positioned for a multi-million-dollar annual revenue run-rate this year.”
Boasting many years of hands-on company improvement expertise and broad private relationships within the personal and public funding communities, Launchpad’s group is extremely regarded among the many business’s decision-makers. Launchpad’s Stan Wunderlich famous, “Armed with strong growth, BoxVn is about to take Wall Street by storm. Strong leadership has taken this start-up from low revenue to one set to become a multi-million-dollar service provider overnight.”
About BoxVn Restricted
BoxVn Restricted began as a small recruitment enterprise and rapidly advanced right into a driver and Gentle Business Automobile (LCV) provide enterprise providing providers so distinctive that it has revolutionized versatile car provide, unemployment and the driving force recruitment life cycle to supply a reliable and integral service to one of many greatest and quickest rising sectors on this planet. Our core enterprise is the availability of Gentle Business Automobiles to logistics companies on a versatile and medium-term foundation, and is designed to serve logistics companies and drivers first with a non-traditional strategy providing a high-level of service at an reasonably priced price level. For extra data, please go to www.boxvn.co.uk.
About Launchpad IR
Launchpad IR makes a speciality of designing investor relations packages to successfully place firms inside the capital markets worldwide. We advise primarily micro- and small-cap purchasers throughout all industries. Each program delivers value-added strategic counsel and proposals, in addition to the power to implement and execute rapidly and successfully in any market atmosphere. We provide our purchasers a novel mixture of strategic counsel, capital introductions and secondary market assist providers. Launchpad’s group is comprised of execs with many years of Wall Street, investor relations and media expertise. Coupled with a proactive partnering strategy that aligns our pursuits with our purchasers’, Launchpad IR is the right place to begin for early-stage firms in search of to construct shareholder value. For extra data, please go to www.launchpadir.internet.
Discover Concerning Ahead-Wanting Statements
This information launch comprises “forward-looking statements” as that time period is outlined in Part 27A of the US Securities Act of 1933, as amended and Part 21E of the Securities Alternate Act of 1934, as amended. Statements on this press launch, which aren’t purely historic, are forward-looking statements and embrace any statements concerning beliefs, plans, expectations, or intentions concerning the long run. Such forward-looking statements embrace, amongst different issues, submitting patent functions, product improvement, and enterprise technique. Precise outcomes may differ from these projected in any forward-looking statements as a result of quite a few components. Such components embrace, amongst others, the inherent uncertainties related to new tasks and improvement stage firms. These forward-looking statements are made as of the date of this information launch, and we assume no obligation to replace the forward-looking statements, or to replace the explanation why precise outcomes may differ from these projected within the forward-looking statements. Though we imagine that any beliefs, plans, expectations, and intentions contained on this press launch are cheap, there might be no assurance that any such beliefs, plans, expectations, or intentions will show to be correct. Buyers ought to seek the advice of the entire data set forth herein and must also seek advice from the danger components disclosure outlined in BoxVn periodic stories filed from time-to-time with the Securities and Alternate Fee.
Contact Info: | |
For the Firm | For Investor Relations |
James Gilzean | Stan Wunderlich |
Managing Director | Launchpad IR |
[email protected] | [email protected] |
+44 (0) 203 553 5353 | 1-800-625-2236 |
https://www.globenewswire.com/news-release/2020/10/12/2106792/0/en/BoxVn-Shares-Start-Buying and selling-on-the-U-S-Stock-Market.html