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Stable Outlook, Positive EBIDTA says Moody’s, as OYO Reports its First Cash Flow Positive quarter

Aadhan Media

Global rating agency Moody’s (Moody’s Investors Service) has reported that it expects IPO-bound OYO (Oravel Stays Limited) to remain EBITDA positive for FY24 and the overall outlook to remain stable. Moody’s in its latest ratings update said that OYO will generate EBITDA of around $50 -$55 million in FY2024, supported by a strong demand recovery in the hospitality business, an increase in the number of storefronts on OYO's platform, and cost optimisations. Moody's has affirmed OYO’s B3 corporate family rating (CFR) and the B3 rating of the backed senior secured term loan issued by Oravel Stays Singapore Pvt. Ltd, OYO's wholly owned subsidiary. Moody’s report elaborates that OYO has good liquidity and the company's existing cash and cash equivalents will remain sufficient to support its operations. It further adds that the company will generate positive EBITDA for the fiscal year ending 31 March 2024 (fiscal 2024), even after accounting for share-based payment expenses. " The rating affirmation reflects Moody's expectation that OYO remains on track to turn EBITDA positive (after share-based payment expenses), on a full-year basis, for the fiscal year ending 31 March 2024, supported by a strong demand recovery and its various cost reductions, ” says Sweta Patodia, Assistant Vice President and Moody's Lead Analyst for OYO. The Moody’s report comes after founder Ritesh Agarwal in an employee town hall, said that it has turned cash flow positive in the Q4 FY 2023, marking the next important step towards becoming a profitable company. The company ended the quarter with nearly $11 million surplus cash flow. While Moody’s estimates remain conservative the company is bullish on EBITDA profitability. Agarwal said that OYO has marked their first financial year of Adj EBITDA profitability in FY2023 and are expected to clock Adj. EBITDA of over $100 million for FY2024. A source revealed that this can be attributed to an increase in bookings across all key geographies, but especially in the Europe homes business that is witnessing unprecedented advance bookings for both for the upcoming summer season peak and even the relatively off-season period between November to March. The cash flows also have a seasonality element. They increase during the European high season when advance bookings peak. Hence the positive cash trajectory is expected to continue into the first quarter of FY 2024. The company treasury or cash corpus on the balance sheet is ~$328 mn. Moody's expects OYO to benefit from changing demographic and societal trends as increasing smartphone usage and data consumption in its key operating markets will increase the demand for its services. OYO operates over 168K hotels and homes in more than 35 countries. The company recently announced that it is planning to add over 100 hotels in the US in 2023. Currently, OYO has over 250 hotels across the US. OYO’s UK business plans to add more than 50 properties to its portfolio in 2023 with a focus on cities such as London and Birmingham. OYO already has more than 150 hotels across the UK. The company also plans to double the number of premium hotels such as Townhouse Oak, OYO Townhouse, Collection O and Capital O in India in 2023 by adding approximately 1800 premium hotels. Original article published in blog.aadhan.in by Seema Sharma. Click to read in detail- https://blog.aadhan.in/stable-outlook-positive-ebidta-says-moodys-as-oyo-reports-its-first-cash-flow-positive-quarter/ About Aadhan Media Aadhan Media is a news and media agency headquartered in Hyderabad with a reach of several million users per day. We specialize in bringing news in short format that can be text, audio or video. We have a mobile app with over 3 million downloads, the app provides users with personalized news summaries in a concise format. We source our content from various sources including partners, journalists, stringers and local media. We believe in providing fastest and authentic news to our users. We also have features such as cards, videos, and live news updates. Aadhan aims to provide a one-stop-solution for all news needs, making it easier for users to stay informed on current events. We also act as a distribution partner for multiple news websites and partners enabling them to reach varied users depending on their interests. Contact Details Aadhan Media Yashesh Shah +91 70361 79179 Info@aadhan.in Company Website https://www.aadhan.in/

May 16, 2023 09:30 AM Eastern Daylight Time

Former L'Oréal President Jim Morrison, Chief Executive Officer of Emergent Health Reports Quarter over Quarter Revenue Increase of Over 2300%

Emergent Health Corp.

Emergent Health Corp. (OTC: EMGE), a curator, developer, and marketer of products in the Regenerative Health Space announced revenues of $340,531 for the quarter ended March 31, 2023, as compared to $14,267 for the quarter ended March 31, 2022, an increase of over 2300%. The financial statement can be viewed in its entirety at https://www.otcmarkets.com/stock/EMGE/disclosure. Jim Morrison, former L'Oréal President and Emergent’s full time CEO stated "Q1 was a good starting point for the 'new look' EMGE. You will see the effect of many of our new business initiatives as we move into the second quarter and throughout the year. We are on track for 2023 to be a very good year." Emergent believes it will continue increasing its revenues quarter over quarter as it expands its business internally and externally through acquisition. Recent Developments: On May 11, 2023, announced that its subsidiary Evolutionary Biologics, Inc. (EvoBio), a developer, manufacturer and distributor of private label regenerative medicine products and branded state-of-the-art biologic products, created in a pharmaceutical grade laboratory and manufacturing facility has executed a Product Manufacturing Agreement with a distributor of medical devices that desires to market a MSC Exosome product from EvoBio as a private label on an exclusive basis. The Company believes the new relationship will generate at least $2 million in new revenue. The press release can be viewed in its entirety here. On May 9, 2023, announced that it has engaged BF Borgers CPA PC, a full-service audit, tax, accounting, and advisory firm, as its Public Company Accounting Oversight Board (PCAOB) qualified auditor to audit the Company’s financial statement for the two-year period ending December 31 st, 2022 according to Generally Accepted Accounting Principles (GAAP). GAAP is the accounting standard adopted by the Securities and Exchange Commission (SEC) and is the default accounting standard used by companies based in the United States. The press release can be viewed in its entirety here. On May 4, 2023, announced the execution of an Engagement Letter with Boustead Securities LLC. to act as exclusive financial advisor with respect to a planned corporate financing transaction including the private placement of securities (pre-IPO Financing) and a planned $10 million initial public offering of Emergent subsidiary PharmaZu common stock (IPO) that will apply for listing on NASDAQ with NO DILUTION to the Emergent Shareholders. PharmaZu is a pure play, e-commerce products and service provider focused on the Pet Community, Pet Pharmacy and Pet Wellness using Influencers and their content, including pet pharmacy, vet telehealth and pet wellness businesses. Upon the effectiveness of the IPO and listing on NASDAQ, PharmaZu plans to acquire a 49-state authorized compounding pharmacy located in West Palm Beach, FL, doing approximately $10M a year in revenue, which will serve as the backbone and fulfilment center for PharmaZu, creating a national platform throughout the United States. The raise of capital will be used for expanding PharmaZu’s business, product offerings, as well as for acquisitions. Subsequently, Emergent plans to distribute the shares of PharmaZu as a dividend to its shareholders, pro rata at NO COST to the Emergent Shareholders. The press release can be viewed in its entirety here. The global biologics market size was valued at US $366.43 billion in 2021 and it is expected to hit over US$ 719.84 billion by 2030 with a noteworthy CAGR of 7.8% from 2022 to 2030. A biologic medication is a product that is made from live organisms and contains living organism components. Recombinant protein, tissues, allergens, genes, cells, blood components, blood, and vaccinations are all examples of biologics. Anemia, hemophilia, chronic migraine, hepatitis B, rheumatoid arthritis, inflammatory bowel disease, and other disorders and infections are treated with biologics. Various government efforts, higher share of biologics in the market, and rising use of biopharmaceuticals over chemically produced molecules, and many other factors are driving the biologics market expansion in the forecast period. ABOUT EMERGENT HEALTH CORPORATION Emergent curates, develops and sells products in the Regenerative Health Space. Its products comprise of ingestibles as well as topicals for the whole family. The company distributes its products online and through Content Based Shopping using Influencers to position products in their produced content throughout the United States and Internationally. Its subsidiaries; PharmaZu, is a pure play, e-commerce products and service provider focused on the Pet Community, Pet Pharmacy and Pet Wellness using Influencers and their content, including the pet pharmacy, vet telehealth and pet wellness businesses; Regen BioWellness, is a distributor of various products in the plant-based and regenerative medical fields. Evolutionary Biologics, is a new kind of biologics company founded for a clear purpose: bring cutting edge regenerative products to the medical community. Emergent does not claim any of its products are approved by the FDA to diagnose, treat, cure or prevent any disease. For more information, please visit Emergent's Website and Social Media on Twitter. Before using any products, you should always consult with your Veterinarian and/or Family Doctor. SAFE HARBOR STATEMENT This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. FOR MORE INFORMATION, PLEASE CONTACT: Jim Morrison, CEO Emergent Health Corporation Website i nfo@emergenthealthcompany.com Contact Details Emergent Health Corp. info@emergenthealthcompany.com Company Website https://emergenthealthcompany.com/

May 16, 2023 09:00 AM Eastern Daylight Time

Vacation® Inc. Announces $6M Series A Funding Round

Vacation®, Inc.

Vacation®, an award-winning sunscreen company that’s on a mission to make sunscreen fun, has announced the completion of a $6 million Series A funding round. Led by Silas Capital, an emerging growth equity and venture capital firm that invests behind exceptional next-generation consumer brands, the oversubscribed round includes investments from True Beauty Ventures, BFG Partners, Sonoma Brands, Marla Beck (Co-Founder and former CEO of Blue Mercury), David Grutman (Founder of Groot Hospitality), Heela Yang Tsuzuki (Co-Founder and CEO of Sol de Janeiro), and others. Vacation®’s rapid growth can be attributed to its ability to bring a fun, unexpected new approach to the sunscreen category. Pairing best-in-class skincare and suncare science with novel and innovative formats (such as a whipped cream-inspired SPF ), its “leisure-enhancing” products regularly go viral on social media platforms, organically racking up views in the millions and leading to inventory selling out across retailers. In addition to novel formats and best-in-class formulas, their cult-favorite products also focus heavily on the sensorial experience. They are carefully designed to make you look, feel, and smell like you’ve been to paradise and back, and are coupled with an immersive brand world that helps transport users to a place of bliss. Vacation® plans to use this infusion of capital to: Expand its distribution nationwide, entering all doors of Ulta Beauty, Nordstrom, and Anthropologie, as well as inking new partnerships with BlueMercury, CIBO, and Aerie. In addition to national retail partnerships, Vacation® will deepen its commitment to local “leisure destinations” such as The Standard, Kith, Ace Hotel, Palisociety, Mondrian, Fellow Barber, C.O. Bigelow and more. Invest in talent. Recent hires include London Nielsen-Krupski as Senior Vice President, Sales & Commercial Strategy (previously at Bondi Sands, L’Oreal, and PepsiCo), Ryan Bukstein as Vice President of Marketing (previously at Ace Hotels), Katrina Virani as Vice President of Product Development (previously at Pacifica, The Honest Company, MAC Cosmetics and KORRES), and Hannah Kollock as Director of Growth Marketing (previously at COOLA and Milk Makeup). Develop even more “leisure-enhancing” sunscreen products with the help of industry leaders such as Carlos Huber of ARQUISTE Parfumeur, Rodrigo Flores-Roux of Givaudan, and Dr. Elizabeth Hale, Dermatologist and SVP of the Skin Cancer Foundation. “Dakota, Lach, and Marty have built an incredible brand that is bringing fun back to the sun care category, while demonstrating the ability to break through the inefficiency of digital marketing today with innovative products and creative marketing – that’s their unfair advantage,” said Brian Thorne, Partner at Silas Capital and Head Chair of the Jimmy Buffett Excellence Committee at Vacation®. “While the company is laser-focused on building a sizable business within sun care, we do believe that Vacation® has the permission to extend into a wide array of adjacent categories and the opportunity to ultimately become this generation’s Margaritaville.” About Vacation®, Inc Vacation®, Inc is an award-winning sunscreen company from Miami USA on a mission to make sunscreen fun. Founded by Marty Bell, Lach Hall, and Dakota Green, the trio worked alongside Dr. Elizabeth Hale, Board Certified Dermatologist and an SVP of The Skin Cancer Foundation, as well as world-renowned perfumers Carlos Huber and Rodrigo Flores-Roux to create “Leisure-Enhancing” SPF products that are both unique in the category - take their whipped cream-inspired “Classic Whip Sunscreen Mousse” - and which make the wearer look, feel, and smell like they’ve been to paradise and back. Vacation® Inc launched in June 2021 and quickly became a viral sensation, beloved for its lust-worthy products and nostalgic 360-degree brand world inspired by the sun-soaked days of 1980s beach culture. Vacation® Inc has been praised by tastemakers including Kourtney Kardashian and Jasmine Sanders, has been featured in dozens of publications, from Fast Company to Vogue, and has received sought-after awards from GQ, Esquire, Allure, Refinery29, and many more. Contact Details Ray Smith vacation@vacation.inc Company Website https://www.vacation.inc/

May 16, 2023 09:00 AM Eastern Daylight Time

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Small Business Drives the US Economy

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/v0QdeVWGsMg Small business owners are the backbone of the U.S. economy and the true powerhouses behind the nation’s economic success. Entrepreneurship is booming in the United States. In fact, 5.1 million U.S. business applications were filed in 2022. These small businesses fuel the nation’s economy and drive growth. Our economy is an ecosystem where big businesses and small businesses are vendors, employees, partners, and customers to each other. The U.S. Chamber of Commerce helps to strengthen and support America’s small businesses especially during challenging and uncertain times. The Chamber’s new Prompt Pay Pledge asks companies to pay their small business suppliers and vendors quicker to ensure the nation’s economic success. Companies who sign the Prompt Pay Pledge commit to quicker payment for invoices or enabling private financing solutions, and clearly communicating payment policies and terms to their small business suppliers or vendors. Several major U.S. companies including JP Morgan Chase, Intuit, Alpha Technologies, Accion Opportunity Fund, and Vistage partnered with the U.S. Chamber to launch the Pledge. In recognition of small businesses nationwide, the U.S. Chamber recently announced it is looking for “America’s Top Small Business” of 2023. The awards program celebrates America’s small business owners who are making a meaningful contribution to the economy and job creation and embody the spirit of innovation, entrepreneurship, and initiative. Eligible small business owners can apply for the awards online at uschamber.com/co by July 7, 2023. How the U.S. Chamber Supports Small Business The Prompt Pay Pledge and “America’s Top Small Business” is part of the U.S. Chamber’s longstanding commitment to supporting and advocating for small businesses. We work every day to give small businesses a big voice in Washington, connecting entrepreneurs and federal officials and advocating for policies that help them grow rather than holding them back. Our Small Business Council is made up of 100 small business owners from across the country that steer our work in fighting for policies that keep Main Street businesses thriving and regularly visit Capitol Hill. Since 2017, we have partnered with MetLife to survey small businesses on a quarterly basis for the Small Business Index, which provides valuable insights on current challenges and opportunities for small business that inform our advocacy in Congress. Through our small business platform CO—, which helps almost 20,000 businesses every day and had more than six million site visits last year alone, we are equipping small businesses with the tools and insights they need to ensure their own resilience in the face of any challenge. For more information visit: uschamber.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 12, 2023 03:00 PM Eastern Daylight Time

Video

Stay One Step Ahead: Master the Essentials of Cybersecurity Readiness!

YourUpdateTV

From data breaches to phishing scams, cybercrime is on the rise, and it's time to arm yourself with the knowledge and tools to stay safe in the digital world. Recently, Dave Lewis, Global Advisory Chief Information Security Officer at Cisco Security, conducted a satellite media tour to share tips and tricks to outsmart cyber criminals and stay safe online. A video accompanying this announcement is available at: https://youtu.be/VDTqR8LqwOM After surveying over 6,700 cybersecurity leaders worldwide, Cisco found that less than 15% of companies were ‘Mature’ enough (or considered to have advanced enough security) to defend against modern cybersecurity risks, even though 82% of respondents said they expect a cybersecurity incident to disrupt their business in the next two years. While this may not seem to directly impact consumers at first, the aftermath can take a large toll on the public, causing emails, credit cards and personal information to be leaked on the internet. Here are some tips that Lewis shared: · Be a safe shopper: o Never use a debit card, use a credit card, I like one specifically for online purchases. o Don’t save your personal or credit card information on any company site – If they company doesn’t have it, the company can’t lose it, and the criminals can’t steal it. o Closely watch your online accounts. · Build cyber street smarts - Criminals will use information from a breach against you: o Evaluate the company before sharing personal information. o Only share essential information with any company or third-party. o Know the signs of a scam - If it seems too good to be true, if there’s too much pressure. · Personal resilience - Expect breaches: o Use multi-factor on all accounts. o Use separate email addresses and credit cards – our phones may make this easier. o Talk about it when it happens – empathy and compassion, kinder than necessary. According to Cisco, 60% of respondents said they had a cybersecurity incident in the last year, which cost 41% of organizations affected at least $500,000. While forward-looking businesses are investing in resilience and focused on improving their ability to defend against and minimize the impact of an attack, consumers also must take an active role in protecting their own information, especially as breaches become more and more inevitable. To learn more about this and Cisco’s Cybersecurity Readiness Index, visit: cisco.com/go/readinessindex BIO: Dave Lewis is a Global Advisory CISO at Cisco Security. He has 25 years of experience in IT security operations and management including a decade dealing with critical infrastructure security. He is the founder of the security site Liquidmatrix Security Digest and writes columns for Daily Swig, Forbes and several other publications. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 11, 2023 02:59 PM Eastern Daylight Time

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Uno Pizzeria and Grill reaches out to Bed Bath and Beyond customers to accept their expired coupons

UNO Pizzeria & Grill

Uno Pizzeria and Grill, the historic Deep Dish pizza restaurant chain, has stepped up to now offer a matching 20% food discount to beleaguered Bed Bath and Beyond customers who were told last week that the iconic blue-and-white coupons are no longer valid at the now-closing chain of retail stores. This offer echoes similar offers that Bed Bath and Beyond competitor retailers, such as The Container Store and Boscov’s, offered upon the news that the chain would be closing all of its locations. “We have decided to give the customers of Bed Bath and Beyond a break and offer use of the classic blue 20% off coupon at one of our 75 Unos restaurants around the country. Come in and enjoy a great meal in a friendly environment and enjoy the 20% off of your food items on that check. Plus, when you join our Uno Extras Rewards program you will continue to receive discounts and specials for Unos as part of our loyalty program.” stated Chris Dellamarggio, Head of Marketing for Uno Restaurants, LLC. The coupon will be valid for food items only (alcoholic beverages excluded) and is being offered to people who join or are already a member of their loyalty program called Uno Extras. The discount will be accepted in-restaurant from May 15 th through June 3rd. Also, a maximum discount of $20 will be allowed. The offer is intended as a one-time use and is valid for Dine-in only not to be combined with other offers. “We always want to provide value for our Guests and this is a way to extend that value a little further during these economically challenging times. We figured that the bad news of Bed Bath and Beyond closing for their customers could be softened just a little bit by extending this discount for them to join us for a an awesome meal”, concluded Dellamarggio. About UNO Pizzeria & Grill Based in Boston, Massachusetts, Uno Restaurant Holdings Corporation includes approximately 80 company-owned and franchised UNO Pizzeria & Grill restaurants located in 18 states, and the District of Columbia, India, and Saudi Arabia. UNO is all about connecting people over pizza – from its famous Chicago Deep Dish, which UNO invented in 1943, to its Chicago Thin Crust, to its gluten-free and vegan pizzas. The Company also operates Uno Foods, a consumer packaged-foods business which supplies supermarkets, airlines, movie theaters, hotels, airports, travel plazas, and schools, with both frozen and refrigerated UNO branded products. For more information, visit www.unos.com. Contact Details Chris Dellamarggio +1 339-613-7641 cdellamarggio@unos.com Company Website https://www.unos.com/

May 11, 2023 02:56 PM Eastern Daylight Time

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Nutritional Resources Inc & Ovation Foods Announce Strategic Partnership

Ovation Foods

Nutritional Resources Inc. dba HealthWise, a Grovetown, Georgia creator of meal replacements and high protein nutritional foods is excited to announce a strategic and financial partnership with Ovation Foods Inc. based in Waterloo, Wisconsin www.inovationfoods.com For almost 30 years Nutritional Resources has been committed to providing healthcare professionals with the highest quality, greatest tasting, and affordable nutritional products to help their patients reclaim their passion for life. Ovation Foods is on a similar mission to create the most nutritionally dense snack foods using innovative and proprietary food technology and the power of the natural whole egg. The egg is natures multi-vitamin and one of the most nutrient dense foods on earth. This is an exceptionally exciting time in Food Science. Innovation is critical to providing affordable nutrient rich snacks. Nutritional Resources Inc and Ovation Food’s core values are aligned that good health starts with good nutrition. Ovation Foods will also be leveraging innovative food technologies created by Ab E Discovery in Wisconsin to reinvent real foods into nutrient rich snacks that can deliver proven bio- functional benefits for everyday snacks. This month Nutritional Resources was also honored to be recognized as SMETA certified. SMETA is the most widely used ethical audit format in the world. It audits the best practices in the field of corporate social responsibility and environmental stewardship. For more information on how Nutritional Resources and Ovation Foods can innovate nutrient dense food, please give us a call. We actually answer the telephone with really nice humans. To learn more about Nutritional Resources and HealthWise, please contact Rick Logsdail, CFO/CMO or Peter Hetrick at Ovation Foods Peterhetrick@inovationfoods.com 706 869 1222 ext. 2208, or visit us at www.healthwisenri.com Contact Details Ovation Foods, Inc Peter Hetrick +1 208-682-8466 peterhetrick@inovationfoods.com

May 11, 2023 01:00 PM Eastern Daylight Time

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Emergent Health Subsidiary Evolutionary Biologics Executes Product Manufacturing Agreement with Major Player in the Regenerative Medicine Space

Emergent Health Corp.

Emergent Health Corp. (OTC: EMGE), a curator, developer, and marketer of products in the Regenerative Health Space announced that its subsidiary Evolutionary Biologics, Inc. (“EvoBio”), a developer, manufacturer and distributor of private label regenerative medicine products and branded state-of-the-art biologic products, created in a pharmaceutical grade laboratory and manufacturing facility has executed a Product Manufacturing Agreement with a distributor of medical devices that desires to market a MSC Exosome product from EvoBio as a private label on an exclusive basis. The Company believes the new relationship will generate at least $2 million in new revenue. Jim Morrison, former L'Oréal President and Emergent’s full time CEO stated, “Our expansion of Evolutionary Biologics has continued beyond our original strategy. As I mentioned earlier this year, we have created a relationship with a state-of-the-art laboratory which has enabled us to not only manufacture the highest quality products for ourselves, but to manufacture world class products for strategic partners that can be marketed as “private label.” This new initiative comes as we continue to prepare the company for major growth and expansion.” On Tuesday of this week, Emergent announced the engagement of BF Borgers CPA PC, a full-service audit, tax, accounting, and advisory firm, as its Public Company Accounting Oversight Board (“PCAOB”) qualified auditor to audit the Company’s PharmaZu subsidiary’s financial statement for the two-year period ending December 31, 2022 according to Generally Accepted Accounting Principles (“GAAP”). GAAP is the accounting standard adopted by the Securities and Exchange Commission (“SEC”) and is the default accounting standard used by companies based in the United States. For further information, please see Press Release dated May 9 th, 2023. On Thursday of last week, Emergent announced the engagement of Boustead Securities LLC. to act as exclusive financial advisor with respect to a planned corporate financing transaction including the private placement of securities (“pre-IPO Financing”) and a planned $10 million initial public offering of Emergent;s subsidiary, PharmaZu and its common stock (“IPO”) that will apply for listing on NASDAQ with NO DILUTION to the Emergent Shareholders. PharmaZu is a pure play, e-commerce products and service provider focused on the Pet Community, Pet Pharmacy and Pet Wellness, using Influencers and their content, including pet pharmacy, vet telehealth and pet wellness businesses. Upon the effectiveness of the IPO and listing on NASDAQ, PharmaZu plans to acquire a 48-state authorized compounding pharmacy located in West Palm Beach, FL, doing approximately $10M a year in revenue, which will serve as the backbone and fulfilment center for PharmaZu, creating a national platform throughout the United States. The raise of capital will be used for expanding PharmaZu’s business, product offerings, as well as for acquisitions. Subsequently, Emergent plans to distribute the shares of PharmaZu as a dividend to its shareholders, pro rata at NO COST to the Emergent Shareholders. For further information, please see Press Release dated May 4 th, 2023. ABOUT EMERGENT HEALTH CORPORATION Emergent curates, develops and sells products in the Regenerative Health Space. Its products comprise of ingestibles as well as topicals for the whole family. The company distributes its products online and through Content Based Shopping using Influencers to position products in their produced content throughout the United States and Internationally. Its subsidiaries; PharmaZu, is a pure play, e-commerce products and service provider focused on the Pet Community, Pet Pharmacy and Pet Wellness using Influencers and their content, including the pet pharmacy, vet telehealth and pet wellness businesses; Regen BioWellness, is a distributor of various products in the plant-based and regenerative medical fields. Evolutionary Biologics, is a new kind of biologics company founded for a clear purpose: bring cutting edge regenerative products to the medical community. Emergent does not claim any of its products are approved by the FDA to diagnose, treat, cure or prevent any disease. For more information, please visit Emergent's Website and Social Media on Twitter. Before using any products, you should always consult with your Veterinarian and/or Family Doctor. SAFE HARBOR STATEMENT This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. FOR MORE INFORMATION, PLEASE CONTACT: Jim Morrison, CEO Emergent Health Corporation Website info@emergenthealthcompany.com Contact Details Emergent Health Corp. info@emergenthealthcompany.com Company Website https://emergenthealthcompany.com/

May 11, 2023 09:00 AM Eastern Daylight Time

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The Boca Raton Named Official Resort and Club of the APP, Title Sponsor of 2023 APP New York City Open

APP

The Association of Pickleball Professionals (APP) announced today a partnership with The Boca Raton – the iconic luxury resort and private club in South Florida – as the Official Resort and Club of the APP. The Boca Raton will also serve as the exclusive title sponsor of the 2023 APP New York City Open, held May 23-28 at the USTA Billie Jean King National Tennis Center in Flushing Meadows, New York. This premier pickleball tournament will feature the sport’s top professional and amateur women and men competing at one of the world’s most renowned facilities. Originally opened in 1926, The Boca Raton is one of Florida’s most prestigious resorts and private clubs. The property, which underwent a complete transformation, features five distinct hotels across 200 waterfront acres, the Forbes Five-Star Spa Palmera, 15 restaurants and bars, a private beach and seven pools, and an 18-hole golf course. Its Racquet Club offers 16 tennis and six pickleball Hydro-Grid courts – which stay up to twenty percent cooler than conventional hard courts for more comfortable play. Lessons and clinics are led by a certified pickleball instructor and a two-story clubhouse and viewing deck is an ideal locale to cool off in between matches. As part of The Boca Raton’s sponsorship of the APP, the resort’s brand will immerse itself with in-venue branding and visibility, and inclusion in APP Tour broadcast productions – spanning coverage on CBS Sports Network and ESPN2 as well as livestream coverage on APPTV and ESPN+. The Boca Raton will also host a private VIP Lounge courtside at The Boca Raton 2023 APP New York City Open. “As an organization that prides itself on providing a best-in-class experience for every player, we are delighted to partner with The Boca Raton,” commented Tom Webb, APP Chief Marketing Officer. “Southeast Florida is home to some of the best pickleball in the world and we look forward to working with the region’s top luxury resort and private club.” To stay updated on the APP, visit apptour.org, and follow us on Instagram, Twitter, TikTok, Facebook and LinkedIn. To learn more about The Boca Raton, visit thebocaraton.com. About The Boca Raton The Boca Raton originally opened in 1926 as The Ritz-Carlton Cloister Inn. In the 2020s, it celebrates its most remarkable evolution and its 100th anniversary. The property provides year-round escape, exclusively for members of The Boca Raton Club and resort guests. Five hotels amid 200 waterfront acres include Cloister, Yacht Club, Beach Club, Tower, and Bungalows. The Boca Raton’s culinary offerings showcase a world of flavor, with new signature restaurants in partnership with Major Food Group. Resort amenities include a half-mile private beach, the Forbes Five-Star Spa Palmera, an 18-hole golf course, a full-service marina, Racquet Club with 16 tennis courts and six pickleball courts, retail shops, seven swimming pools, and various water activities at Harborside Pool Club, state-of-the-art fitness clubs and wellness collaborations. For reservations, call (561) 447-3000 or visit thebocaraton.com. MSD Partners, L.P., and Northview Hotel Group acquired The Boca Raton in 2019. About the APP Founded in 2019, the Association of Pickleball Professionals (APP) elevates the sport of pickleball by providing elite platforms for the best players in the world, right through to the millions of people picking up a paddle for the first time. Serving professional pickleball players, senior professionals, amateurs and recreational players in the fastest growing sport in the USA, the APP is the first and only tour officially sanctioned by USA Pickleball. The 2023 APP Tour slate has 16 tournament stops planned, in addition to International and Collegiate Series events. The APP also prides itself on developing the next generation of champions through its Next Gen Series and other youth initiatives. To stay updated on the APP, visit apptour.org, and follow us on Instagram, Twitter, TikTok, Facebook and LinkedIn. Contact Details The APP Daniel Sagerman +1 847-800-8182 dsagerman@theapp.global Company Website https://apptour.org/

May 11, 2023 09:00 AM Eastern Daylight Time

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