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Last Post: 11/26/2021 3:32:33 AM - Followers: 550 - Board type: Free - Posts Today: 0

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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#68392   Will the new variant send us to the moon? Frankestin 11/26/21 03:32:33 AM
#68391   MC $144 M Frankestin 11/16/21 02:41:10 AM
#68390   MC $ 150 milion Frankestin 11/15/21 04:20:25 PM
#68389   Strong testing numbers, concurrent with the resumption of Frankestin 11/15/21 04:15:58 PM
#68388   Tic toc Frankestin 11/15/21 04:14:39 PM
#68387   Someone covers! Frankestin 11/15/21 03:22:09 PM
#68386   Breaking 1.90 now, usual up and down expected, Three2001 08/31/21 01:55:20 PM
#68385   Stock Repurchase Program Frankestin 08/31/21 08:19:09 AM
#68384   We got government contract time to trade this Omri3606 08/24/21 10:08:48 PM
#68383   Can't understand why this room is so quiet, Three2001 06/16/21 05:30:59 PM
#68381   You still a virgin or what? Loudanepro 06/08/21 09:54:29 PM
#68380   The chatter will come Loudanepro 06/08/21 09:54:01 PM
#68379   I was expecting to see more chatter here KendraIrene 06/08/21 12:47:18 PM
#68378   Thought there would be more chatter here. The Three2001 06/07/21 04:57:21 PM
#68377   Said it once, say it again, go to> Three2001 06/06/21 09:39:25 PM
#68376   This should be looked at... Three2001 06/03/21 05:42:13 PM
#68375   This aged well ?? Loudanepro 05/27/21 01:38:36 PM
#68374   What shouldn’t you sell may be a better question. Loudanepro 05/18/21 08:44:25 PM
#68373   I'm thinking about what to sell to buy here! Frankestin 05/18/21 09:52:46 AM
#68372   $XSPA is headed for the top in the AlphaStockNews 05/18/21 08:23:13 AM
#68371   What’s up, fool? Loudanepro 05/18/21 01:41:05 AM
#68370   Fly baby Frankestin 05/17/21 04:18:31 PM
#68369   R/S is COMING by end of may stockchaser64 05/01/21 12:44:44 PM
#68368   I’m glad you finally understand this. Cheers ?? Loudanepro 04/22/21 01:13:59 AM
#68367   Ok alchemytrader 04/20/21 12:46:21 PM
#68366   No one knows how long vaccines will last. mikar 04/20/21 12:45:45 PM
#68365   I'm going in today! Frankestin 04/13/21 03:50:07 AM
#68364   CDC: Fully Vaccinated People Can Travel Without Testing, Self-Quarantine PhenixBleu 04/02/21 02:42:47 PM
#68363   $XSPA is falling in the market after revenue AlphaStockNews 04/01/21 07:21:41 AM
#68362   I am here ready to enter! Frankestin 04/01/21 02:17:57 AM
#68361   They sure are f'ing it tonight though Three2001 03/31/21 05:45:49 PM
#68360   Liquidity and Financial Condition As of December 31, Frankestin 03/31/21 04:38:28 PM
#68358   1. You perform an antibody test to see Loudanepro 03/26/21 12:24:57 PM
#68357   Obviously a frustrated bagholder...lol alchemytrader 03/26/21 12:09:45 PM
#68356   My point is that your comment aged well Loudanepro 03/26/21 12:05:44 PM
#68355   1.73...and your point? alchemytrader 03/26/21 11:58:33 AM
#68354   This aged well, lol Loudanepro 03/25/21 08:16:10 PM
#68353   Ridiculous price action as usual. Wouldn't let it Three2001 03/15/21 11:36:25 AM
#68352   Let it go CLAY. We're stuck, unstick us, Three2001 03/15/21 10:23:04 AM
#68351   * * $XSPA Video Chart 03-12-2021 * * ClayTrader 03/12/21 05:22:10 PM
#68350   $2 in after hours Three2001 03/11/21 06:31:36 PM
#68349   We have vaccines out. Will have little need alchemytrader 03/08/21 10:11:55 PM
#68348   * * $XSPA Video Chart 03-08-2021 * * ClayTrader 03/08/21 05:17:15 PM
#68347   $XSPA is screaming for the top in the AlphaStockNews 03/08/21 07:58:31 AM
#68346   Everybody getting vaccinated. Walkman, CD player, IPod. XSPA Surfacetite 03/04/21 12:28:33 AM
#68345   WTF? A nice spike in PM on news, Three2001 02/18/21 10:34:43 AM
#68344   News Out,$$$$$$$$$$ kingsransome 02/18/21 08:42:57 AM
#68343   Why do you always scream lol maximumgriff 02/16/21 08:33:28 AM
#68342   $XSPA is screaming for the top in the AlphaStockNews 02/16/21 08:25:38 AM
#68341   Well the News is here! jade77 02/15/21 11:46:36 AM
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