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Press Release_ Starfleet Innotech Announces Completion of Reg-A Offering, Reduction in Outstanding Shares.pdf

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Starfleet Innotech Announces Completion of Reg-A Offering, Reduction in Outstanding Shares

New York, USA, 05 August 2022 Starfleet Innotech, Inc. (OTC Pink: SFIO), a global investment holding company focused on food & beverage, real estate, and technology, today announced the completion of its initial Regulation A offering, following the onboarding of a long-term strategic investor who has agreed to hold on to shares for at least two years.

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With the proceeds of this latest capital raise, Starfleet will be completing the preliminary studies and operations towards expanding Epiphany Cafe, its flagship F&B business; continuing the development and promotion of Moraya, its flagship real estate company; and finalizing the companys financial audit.

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Earlier in April, the company announced a reduction in authorized shares, as well as the creation of a new class of preferred shares to be used for future acquisitions and onboarding new officers and key partners. Starfleet today announced the company will be reducing outstanding shares by 300 million to demonstrate its commitment to existing officers and key partners. These shares carry a 12-month restriction, prior to being converted into common shareswhich, in turn, carry their own sale restrictions.

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The first batch of such shares, amounting to 268,570,000 shares currently held by officers and key partners have already been converted.

ENDS

For media enquiries, please contact:

Craymond Yeong, PR & Marketing Specialist

Starfleet Innotech, Inc.

Phone: (+64) 21 0833 2966

Email: info@sfio.co.nz

About Starfleet Innotech, Inc.

Starfleet Innotech, Inc. (OTC: SFIO) is a global investment holding company focused on innovation through disruptive collaborations across its three key industries: Food and Beverage (F&B), Real Estate, and Technology. With a strong presence across New Zealand, Australia, Malaysia, the United Arab Emirates, the United States, and the Philippines, SFIO makes strategic investments in high-growth businesses, building synergies across its diverse portfolio to provide maximum shareholder value. Guided by tradition, driven by innovation, and enabled by collaboration SFIO is on a hyper-growth path to build a thriving global business ecosystem, shaping the futures of its core industries.

FORWARD LOOKING STATEMENTS

The statements contained herein may contain certain forward-looking statements relating to Starfleet Innotech, Inc. Starfleet that are based on the beliefs of Starfleet as well as assumptions made by and information currently available to Starfleets management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to Starfleets business prospects, future developments, trends and conditions in the industry and geographical markets in which Starfleet operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, capital expenditures, overall market trends, risk management and exchange rates.

When used herein, the words anticipate, believe, could, estimate, expect, going forward, intend, may, ought to, plan, project, seek, should, will, would and similar expressions, as they relate to Starfleet or Starfleets management, are intended to identify forward-looking statements. These forward-looking statements reflect the Starfleets views at the time such statement was made with respect to future events and are not a guarantee of future performance or developments. You are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from information contained in the forward-looking statements as a result of a number of factors, including any changes in the laws, rules and regulations relating to any aspects of Starfleets business operations, general economic, market and business conditions, including capital market developments, changes or volatility in interest rates, foreign exchange rates, equity prices or other rates or prices, the actions and developments of the Starfleets competitors and the effects of competition in the food manufacturer and service sector , technology applications and components, and real estate development. Sales and property management on the demand for, and price of, Starfleets products and services, various business opportunities that Starfleet may or may not pursue, changes in population growth and other demographic trends, including mortality, pandemics, morbidity and longevity rates, persistency levels, Starfleets ability to identify, measure, monitor and control risks in Starfleets business, including its ability to manage and adapt its overall risk profile and risk management practices, its ability to properly price its products and services, including property development capital expenditures and establish reserves for future policy benefits and claims, seasonal fluctuations and factors beyond the Starfleets control. Subject to the requirements of the Listing Rules, Starfleet does not intend to update or otherwise revise such forward-looking statements, whether as a result of new information, future events or otherwise. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way Starfleet expects, or at all. Accordingly, you should not place reliance on any forward-looking information or statements. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.

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