Business
Consumer Automotive Finance Inc. (CAFI) Completes Final Steps with FINRA, Expects Name and Ticker Change to Fifty 1 Labs, Inc. (FITY) Within 30 Days
Consumer Automotive Finance Inc. (CAFI) Completes Final Steps with FINRA, Expects Name and Ticker Change to Fifty 1 Labs, Inc. (FITY) Within 30 Days.
About this update from Fifty 1 Labs Inc.
[{"type":"text","content":"\n MELBOURNE, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- InvestorsHub NewsWire -- Consumer Automotive Finance Inc. (OTC: CAFI) is pleased to announce that it has successfully responded to all final inquiries from the Financial Industry Regulatory Authority (FINRA) regarding its corporate name and ticker symbol change. The company anticipates that the transition to Fifty 1 Labs, Inc. (OTC: FITY) will be finalized within the next 30 days. Led by former NFL standout Brandon Spikes, Fifty 1 Labs, Inc. represents a new era of cutting-edge sports nutrition and performance innovation, aligning with the company's rapid expansion and diversified portfolio. In addition to its advanced sports supplement division, the company operates Drago Knives, a premium blade manufacturer, and The Quickness, a performance training brand focused on speed and agility. \"The rebrand to Fifty 1 Labs, Inc. reflects our evolution and commitment to redefining sports performance, nutrition, and innovation,\" said Brandon Spikes, President of Fifty 1 Labs, Inc. \"This transition better aligns with our mission and positions us for accelerated growth in the sports and lifestyle sectors.\" The anticipated name and ticker change underscore the company's strategic shift beyond its origins, ensuring greater visibility and market recognition for its expanding product lines. Management believes this move will enhance shareholder value and drive new opportunities in the sports, fitness, and tactical gear industries. Further updates will be provided as the company receives official confirmation from FINRA. For more information, please visit https://fifty1labs.com/. About Fifty 1 Labs, Inc. Consumer Automotive Finance, Inc. (OTCPK: CAFI), soon to be renamed Fifty 1 Labs, Inc., is a publicly traded company focused on sports supplementation, fitness equipment, and holistic wellness. The company operates four key subsidiaries: 51, LLC, which specializes in sports supplements; The Quickness, which offers patented athletic training equipment; Astound NMN, a leader in anti-aging and DNA repair supplements; and Drago Knives, patented knife throwing technology. Fifty 1 Labs, Inc. is also actively pursuing strategic acquisitions to expand its portfolio and drive sustainable growth. Safe Harbor Statement: The information provided in this release may contain forward-looking statements ...