COMMUNIQUÉ DE PRESSE

par Spirits Capital Corporation (NASDAQ:SSCC)

Spirits Capital Announces The Hiring Of Patrick Flynn As Chief Financial Officer

NEWPORT BEACH, CA / ACCESSWIRE / October 1, 2024 / Spirits Capital Corporation, a fintech company that merges technology with the premium American whiskey, announced the hiring of Patrick Flynn to the post of Chief Financial Officer.

CEO and Chairman Todd Sanders states, "As a company, it is imperative that we attract and maintain a team of executives with strong moral compasses. I am so pleased that Patrick accepted the post of CFO and we look forward to having another senior member of the executive team devoted to serving our company, investors and partners with a clear and ethical approach to business."

"I am extremely excited to join the Spirits Capital team on this journey, and am ready to step in and leverage my experience to provide strong financial and strategic leadership. Exposure to a wide array of businesses and best practices throughout my career will enable me to apply fresh perspectives and value for our shareholders, while maintaining ethics and safety as top priorities."

About Spirits Capital Corporation

Spirits Capital is a fintech company that merges technology with the alternative asset class of premium American whiskey and other spirits. The Company's mission is to develop, utilize and monetize the spirits industry through technology driven platforms that enable investors and institutions to value, invest and profit on maturing spirits. Founded with a focus on premium American whiskey, Spirits has built a platform that provides investors with a secure and transparent way to capitalize on the growth of the spirit while it matures in the barrel. In addition, Spirits has created the Distilled Barrels Financial Exchange ("DBFEX"), a cutting-edge digital platform for the global trading of aged whiskey barrels. DBFEX uses a proprietary pricing tool, known as the Barrel Value Optimizer, to analyze an extensive array of market data and barrel-specific information to suggest optimal price ranges for aged whiskey barrels. For more information about Spirits, visit www.spiritscap.com.

Media Contact:

Adam Handelsman
Vice President of Corporate Communications
Spirits Capital
512-363-0596 or Adam@spiritscap.com

Investor Contact:

Kelsee Pottorff
Director of Investor Relations
Spirits Capital
949-674-0355 or Kelsee@spiritscap.com

Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

No Offer or Solicitation. The information in this communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction pursuant to the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

SOURCE: Spirits Capital



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