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Last Post: 4/9/2020 6:31:00 PM - Followers: 521 - Board type: Free - Posts Today: 11

XpresSpa is the industry-leading luxury travel spa business, serving almost one million air travelers each year at its 57 locations in the United States, Holland and the United Arab Emirates, including spas in 23 airports and one off-airport location at Westfield World Trade Center in Manhattan. XpresSpa offers travelers premium spa services, including massages, reflexology, stress and tension relief, manicures, pedicures, facials and waxing.

Its “Xpres” services are specifically designed for the busy traveling customer. In stores and online, XpresSpa also sells exclusive luxury travel products and accessories, including travel pillows, blankets, massagers, and personal, hair, nail and bath and body products.

XpresSpa has over 750 employees, including talented teams of professionally licensed massage therapists, cosmetologists and nail technicians who are committed to providing exceptional customer experiences.

As of March 27, 2020, the Company had outstanding 44,950,030 shares of Common Stock. After giving effect to the issuance of the shares of Common Stock in the Offering, and assuming no exercise of the Pre-Funded Warrants, the Company would have outstanding 52,846,030 shares of Common Stock. 



XpresSpa Pursues Novel Coronavirus (COVID-19) Screening and Testing at U.S. Airports

Forms New Business Unit XpresTest
In Discussions for Initial Testing with Three Major Airports

NEW YORK, April 03, 2020 (GLOBE NEWSWIRE) -- XpresSpa Group, Inc. (Nasdaq: XSPA) (“XpresSpa” or the “Company”), today provided an update on recent discussions with local airport authorities and healthcare partners so that it may begin providing screening and testing for novel coronavirus (“COVID-19”) at U.S. airports. COVID-19 screening and testing would be conducted by converting select existing spa locations for this purpose on an interim basis and over time, potentially adding separate, standalone airport locations as testing sites.

XpresSpa’s U.S. airport real estate portfolio consists of 46 locations across 23 airports that are ready to be reactivated and redeployed in short order, subject to the approval of local airport authorities. The Company’s global spas are temporarily closed due to recent local government mandates categorizing its traditional services as “non-essential services”.

Since March 19, 2020, XpresSpa has been advancing discussions with healthcare partners to develop a model for COVID-19 screening and testing in U.S. airports as a much-needed public service. The Company has also recently filed paperwork in the State of Delaware to form a new business unit to administer such screening and testing capabilities, XpresTest, Inc., as a wholly-owned subsidiary of XpresSpa Group, Inc.

While nothing definitive has yet been finalized, XpresSpa is currently in discussions with three major airports, JFK International Airport, Hartsfield-Jackson Atlanta International Airport and Chicago O'Hare International Airport to pilot COVID-19 screening and testing for airline employees, contractors and workers, concessionaires and their employees, TSA agents, and U.S. Customs and Border Protection agents. The Company is also in the process of recruiting a medical director who would work alongside healthcare officials to help design safe and compliant protocols and train employees.

Doug Satzman, Chief Executive Officer, XpresSpa said, “We are moving forward with our public and private relationships to make COVID-19 screening and testing in U.S. airports a reality and hopefully will be able to begin pilot testing shortly for the benefit and protection of our fellow citizens. Since the onset of this pandemic, we have thought that we can and should play a significant role within the travel sector in the fight against COVID-19 and other highly contagious diseases in the future given our airport relationships, infrastructure, workforce with TSA clearance and strong desire to keep everyone safe.”

The Company recently announced its partnership with Relevant Healthcare. Relevant Healthcare is currently offering clinical diagnostic testing for COVID-19 through its contracts with Laboratory Corporation of America® (“LabCorp”) and Quest Diagnostics™ (“Quest”) to support full COVID-19 RT-PCR testing. In addition, the Company is also in active discussions with [Aytu BioScience (NASDAQ: AYTU; “Aytu”)], a specialty pharmaceutical company, and marketer of a COVID-19 IgG/IgM Rapid Test, and [Henry Schein Medical (“Henry Schein”)], the world’s largest distributor of health care solutions to office-based dental and medical professionals, and the developer of the Standard Q COVID-19 test, to deploy their respective rapid antibody blood testing solutions.

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#67270  Sticky Note SUCKERS DILUTING ANOTHER 12,418,179 Shares of Common Stock ~ Blue ~ 04/08/20 11:06:43 AM
#67301   You never know but I will put the savagess 04/09/20 06:31:00 PM
#67300   You bailed to soon. GLTY New$tockguy 04/09/20 06:14:23 PM
#67299   I just sold. Volume is drying up and savagess 04/09/20 05:18:09 PM
#67298   looking at previous movement there is probably a gmcdonald34 04/09/20 04:31:30 PM
#67297   Same shit different day for this dilution pig. savagess 04/09/20 03:54:17 PM
#67296   If didn’t happen today I don’t think it FROZENFLAME 04/09/20 03:22:22 PM
#67295   I'm still waiting for .19 - . 22 range gmcdonald34 04/09/20 11:52:06 AM
#67294   Ok double my position 60K shares GO TIME FROZENFLAME 04/09/20 10:54:31 AM
#67293   be patient, let her come to us. . gmcdonald34 04/09/20 10:15:24 AM
#67292   A little bit more for me $$$ FROZENFLAME 04/09/20 09:30:50 AM
#67291   another 12 million share registered direct offering..yikes they Falconflier 04/09/20 06:18:50 AM
#67290   Well that's what I am hoping. savagess 04/08/20 07:30:04 PM
#67289   Agree, I think we should be good now FROZENFLAME 04/08/20 07:16:33 PM
#67288   After hours for this is a joke but savagess 04/08/20 06:22:52 PM
#67287   25s getting hit hard AH $$$ FROZENFLAME 04/08/20 06:12:35 PM
#67286   Exactly! savagess 04/08/20 06:08:49 PM
#67285   Agree, I don’t care about reviews I’m trading FROZENFLAME 04/08/20 06:07:21 PM
#67284   Big deal, just employees whining like they do savagess 04/08/20 05:36:13 PM
#67283   Thanks . FROZENFLAME 04/08/20 05:18:44 PM
#67282   link to reviews..horrible..stay away.. Falconflier 04/08/20 04:20:04 PM
#67281   I have read reviews. Don’t look bad to me. New$tockguy 04/08/20 04:02:39 PM
#67280   Loading up, she always does good by the FROZENFLAME 04/08/20 03:46:48 PM
#67279   lawsuits...Holly Christ Falconflier 04/08/20 03:32:44 PM
#67278   Everyone Google reviews on this company ... Absolutely Falconflier 04/08/20 03:32:19 PM
#67277   She's starting to buck! lol savagess 04/08/20 03:01:08 PM
#67275   Won't close until the price reaches .22. This trader guy 04/08/20 12:10:21 PM
#67274   I can’t tell if you are for or against... New$tockguy 04/08/20 11:59:53 AM
#67273   Yep some of you guys attacked me almost ~ Blue ~ 04/08/20 11:46:12 AM
#67272   Guys, it’s not a bad day... we will New$tockguy 04/08/20 11:45:59 AM
#67271   I saw that also. You beat me. boston127 04/08/20 11:44:22 AM
#67270   SUCKERS DILUTING ANOTHER 12,418,179 Shares of Common Stock ~ Blue ~ 04/08/20 11:06:43 AM
#67269   WTF another offering 12 million more shares at Falconflier 04/08/20 11:03:21 AM
#67268   dilution over. Now PR and we are mid Falconflier 04/08/20 10:52:37 AM
#67267   XSPA can see 1 DOLLAR+ IN COMING DAYS ~ Blue ~ 04/08/20 10:46:57 AM
#67266   7 minutes to go...then boom boom Falconflier 04/08/20 10:23:24 AM
#67265   Hong Kong airport is the first to test ~ Blue ~ 04/08/20 10:13:45 AM
#67264   Record breaking revenue, wow!!! Falconflier 04/08/20 09:04:43 AM
#67263   News! Airports begin COrona Virus testing..expansion underway....here we go[/ Falconflier 04/08/20 08:19:16 AM
#67262   i agree // knrorrel 04/08/20 01:13:39 AM
#67261   When will the airports be open??? When??? Smarttttieeepants LemonsCapital 04/08/20 12:32:09 AM
#67260   Then if its not gone... then no one... LemonsCapital 04/08/20 12:28:36 AM
#67259   Are you SERIOUSLY that STUPID? Now ANOTHER that savagess 04/08/20 12:20:19 AM
#67258   Hope folks got out glta... by the time LemonsCapital 04/08/20 12:17:10 AM
#67257   Looks like .18 in a few days.... bummer LemonsCapital 04/08/20 12:11:54 AM
#67256   XSPA CEO Satzman former Vice President of Starbucks ~ Blue ~ 04/07/20 11:54:26 PM
#67255   I am IN! savagess 04/07/20 10:59:47 PM
#67254   Michael Lebowitz is the Founder and CEO of New$tockguy 04/07/20 10:50:52 PM
#67253   I certainly hope so! savagess 04/07/20 08:46:26 PM
#67252   we know it's gonna happen..and sooner than later. Falconflier 04/07/20 08:08:13 PM
#67251   I added in afters when it dipped and savagess 04/07/20 07:35:53 PM