Financial News

Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc.

DELRAY BEACH, FL - (NewMediaWire) - May 07, 2024 - Moon Equity Holdings, Corp. (OTC: MONI) is pleased to announce the acquisition of Wikolo, Inc., a technology company whose main product is their “Super App", also named Wikolo, which is an all-in-one hub for college-aged students. Read more about the co-founders of Wikolo here. The Wikolo app is currently available to download on the Apple App Store & Google Play Store. 

Effective as of this morning, Frank Ottaviani has appointed Marko Hurst to replace him as the new CEO of MONI and has officially resigned. Mr. Hurst is seasoned in data science, AI/ML & semantics, and has over 20 years of experience in the management consulting industry. Separately, Mr. Ottaviani has sold MONI’s control block to one of Wikolo’s co-founders, Deepak Sharma.

It is expected that soon, Mr. Hurst will be appointing a new Board of Directors for MONI. He is enthusiastic to develop a new era for the company going forward, and has stated, “As CEO of Wikolo, I'm thrilled to step into the role of CEO at MONI. With the launch of Wikolo under the MONI brand, I see a future of transformative growth and innovation that will benefit our company and our valued stockholders.” 

Mr. Hurst will be joining Daniel Borders at 10:30 am EST on May 7th, 2024 on Twitter Spaces to introduce himself and discuss his new position at MONI. Everyone is welcome to join and can access the invitation link here.

Stay tuned for future updates through PRs, our websites, and social media sites below: 

https://wikolo.com/

https://www.instagram.com/wikolosuperapp/

https://twitter.com/wikolo8?s=21&t=oIbrX0rUAxZEJDN-jYYQpA

https://www.linkedin.com/company/wikolo/

Safe Harbor Statement 

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission.

Forward-Looking Statements

This press release may contain forward-looking statements, including information about management's view of Moon Equity Holdings Corps. future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, eventor development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Moon Equity Holdings Corps subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on future results of Moon Equity Holdings Corp. The forward-looking statements included in this press release are made only as of the date hereof. Moon Equity Holdings Corp. cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Moon Equity Holdings Corp. undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Moon Equity Holdings Corp.

Contact us at: 

IR@wikolo.com

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