Business
Sibannac, Inc. Acquires Immersive Brand Concepts, LLC and Hangover Beverage - NOHO
Sibannac, Inc. Acquires Immersive Brand Concepts, LLC and Hangover Beverage - NOHO.
About this update from Sibannac, Inc.
[{"type":"text","content":"Scottsdale, Arizona--(Newsfile Corp. - June 13, 2023) - Sibannac, Inc. (OTC Pink: SNNC), a Nevada corporation (the \"Company\"), announced the following:Sibannac, Inc, is excited to announce its recent acquisition of Immersive Brand Concepts, an Oklahoma-based, product development and manufacturing company in the next-generation wellness space. The acquisition of Immersive Brand Concepts is a significant milestone for Sibannac in its effort to disrupt the alternative wellness market, by developing and marketing effective, safe and legal supplements which are innovatively formulated and delivered to the health-conscious consumer. Immersive Brand Concepts brings a wealth of expertise in creating unique and captivating brand experiences, leveraging cutting-edge technologies to engage and captivate audiences. The Immersive deal brings manufacturing and logistical efficiencies to Sibannac in addition to Immersive bringing proprietary tech to the Company. The key executive who will be heading the Immersive operations in Oklahoma is a long-tenured industry professional. Due to contractual obligations involving a separation from a national brand, the Company is delaying his announcement, but anticipates a public disclosure within weeks. The Immersive subsidiary was newly created to take in the assets and intellectual property in a streamlined transaction.\"Sibannac is thrilled to welcome Immersive Brand Concepts into our family,\" said David Mersky, CEO of Sibannac, Inc. \"Their experience in manufacturing and automation efficiencies should add immediate intrinsic value to Sibannac. Immersive perfectly aligns with our vision and together, we will create an unparalleled customer experience that will redefine the way brands connect with their customers.\"The Immersive Brand Concepts team has built a solid reputation for designing and executing lean manufacturing across various industries, including Kratom and hemp-derived consumables. Their portfolio includes formulations for flavor, consistency, sustainability and fulfillment, with all natural ingredients. \"We are excited to join forces with Sibannac,\" said Michael Jon Lazaar, Public Relations Director for Immersive Brand Concepts. \"By combining our expertise in Immersive and their innovative approach to building brands, we will unlock new possibilities and create unforgettable experi...