BEVERAGES GONE BLOCKCHAIN ANNOUNCE NEW CEO AND SPINOFF AFTER SECOND NASDAQ DELIST NOTICE

The rollercoaster ride continues for Beverages Gone Blockchain, formerly known as Long Island Iced Tea, as they face yet another challenge.After receiving a second delisting warning from Nasdaq due to a failure to maintain the minimum market capitalization of $35 million, the company has announced a strategic shift.This includes the appointment of a new CEO and a plan to spin off its original iced tea business.This marks a significant turning point for the company, which famously rebranded to capitalize on the blockchain hype several years ago.Can a new leader and a return to its roots save the company from Nasdaq's axe? News Beverages Gone Blockchain Announce New CEO And Spinoff After Second Nasdaq Delist Notice After Nasdaq threatens to delist Long Blockchain Corp. for the second time, the company approves newThe market is watching closely to see if this latest maneuver will be enough to restore investor confidence and secure its listing. COINEWS.ORG - Beverages Gone Blockchain Announce New CEO And Spinoff After Second Nasdaq Delist Notice After Nasdaq gave a delist notice Friday, Feb. 16 to Long Blockchain Corp. for low marketThe stakes are high, and the pressure is on for the newly appointed CEO to navigate these turbulent waters and steer the company toward a more stable future.The question remains: Is this a genuine pivot or a last-ditch effort to stay afloat? Depois que a Nasdaq amea ou delistar a Long Blockchain Corp. pela segunda vez, a empresa aprovou novo CEO e spin-off com bebida. Not cias Depois que a Nasdaq anunciou em em 16 de Fevereiro a sa da da Long Blockchain Corp por baixa capitaliza o de mercado, a empresa que, anteriormente era uma marca de refrigerantes, decidiu fazer umThis article delves into the details of this dramatic development and explores what it means for the company and its stakeholders.

The Second Delisting Notice and Its Implications

Nasdaq's second delisting notice serves as a stark reminder of the volatility and risk associated with speculative ventures.For Long Blockchain, this isn't just a procedural matter; it's an existential threat.Being delisted from a major exchange like Nasdaq significantly impacts a company's ability to raise capital, attract institutional investors, and maintain its public profile.The loss of credibility and visibility can be devastating, leading to a further decline in share price and ultimately, the company's demise.

The primary reason for the delisting notice is the company's inability to maintain the minimum market capitalization required by Nasdaq.This threshold is crucial for ensuring that listed companies have sufficient financial stability and investor interest. Log In. Blockchain RelationsWhen a company falls below this level, it raises concerns about its long-term viability and its ability to meet its financial obligations.

What Happens After a Delisting Notice?

Typically, a company receiving a delisting notice has a limited time frame to appeal the decision or demonstrate that it has taken corrective actions to regain compliance.This often involves strategies such as:

• Implementing a reverse stock split to artificially inflate the share price.
• Raising additional capital through private placements or public offerings.
• Restructuring the business to improve profitability and attract investors.
• Demonstrating a clear plan for sustainable growth and long-term value creation.

In the case of Long Blockchain, the announcement of a new CEO and the beverage spinoff appears to be a strategic response to the delisting threat, aimed at addressing investor concerns and demonstrating a commitment to restoring the company's financial health. Blockchain Relations Brand NetworkHowever, the success of these measures remains uncertain.

Shamyl Malik Appointed as New CEO: A FinTech Veteran at the Helm

The appointment of Shamyl Malik as the new CEO signals a potential shift in the company's strategic direction.Malik, described as a veteran of financial technology, brings a wealth of experience in the realm of blockchain and digital assets. New, P2P, type of banking with Blockchain, cryptocurrencies, Machine Learning, Big Data and smart contracts. After Nasdaq threatens to delist Long Blockchain Corp. for the second time, theThis suggests that Long Blockchain intends to double down on its blockchain initiatives, focusing on developing and investing in ""globally scalable on-chain blockchain technology solutions.""

According to the press release, Malik's mandate includes exploring opportunities in areas such as:

• P2P banking: Leveraging blockchain to create decentralized and peer-to-peer financial systems.
• Cryptocurrencies: Developing and investing in cryptocurrency-related ventures.
• Machine Learning & Big Data: Utilizing data analytics to improve blockchain applications.
• Smart Contracts: Building and deploying smart contracts for automation and security.

Malik's background in FinTech could be a valuable asset for Long Blockchain, potentially enabling the company to develop innovative blockchain solutions and attract new investors.However, the challenge lies in executing these plans effectively and demonstrating tangible results in a highly competitive and rapidly evolving landscape.

The Iced Tea Spinoff: A Return to Roots?

The decision to spin off its original iced tea business, now operating under Long Island Brand Beverages LLC ($LIBB), represents a significant strategic shift for the company.This move can be interpreted in several ways:

1. Focusing on core competencies: By separating the beverage business from its blockchain initiatives, Long Blockchain can potentially streamline its operations and focus on its core area of expertise – or at least, where it *wants* its core expertise to lie.
2. Unlocking value: The spinoff could unlock hidden value within the beverage business, allowing it to operate independently and potentially attract investors who are specifically interested in the beverage industry.
3. Distancing from the blockchain baggage: The blockchain rebrand, while initially successful in boosting the stock price, ultimately proved unsustainable.Spinning off the beverage business could help distance the company from the negative associations and skepticism surrounding its blockchain ventures.

The company describes the spinoff as a ""hard fork,"" drawing a parallel to the blockchain technology it aims to embrace. 由於市值過低，長區塊鏈公司（Long Blockchain Corp.）在2月16日收到了納斯達克的退市通知。長區塊鏈公司（LBCC）此前是一家軟飲料品牌公司。其在收到退市通知後，決定作出最後的努力，以保留原有的飲料業務。GlobeNewsWire在2月20日This analogy suggests a clean break between the two entities, with $LIBB operating as a separate and independent entity. Traducciones en contexto de second spinoff en ingl s-espa ol de Reverso Context: Eight years after That's So Raven ended, there was speculation and rumors that the series would get a second spinoff or revamp.The details of the spinoff, including the distribution of shares and the future relationship between the two companies, remain to be seen.

Is the Spinoff a Viable Strategy?

The success of the iced tea spinoff will depend on several factors, including:

• The strength of the Long Island Brand Beverages brand and its ability to compete in the crowded beverage market.
• The company's ability to secure distribution agreements and reach its target customers.
• The overall consumer demand for iced tea and related beverages.
• The effectiveness of its marketing and branding efforts.

If the beverage business can regain its footing and achieve sustainable growth, the spinoff could prove to be a smart move. $LIBB, now a wholly owned subsidiary of Long Blockchain, will split from Long Blockchain in the most appropriate manner: a 'hard fork' if you will.However, if it struggles to compete and generate profits, the spinoff may simply delay the inevitable.

The Blockchain Hype and Its Aftermath

Long Blockchain's history is a cautionary tale of the dangers of chasing hype and the importance of fundamental business principles.The company's initial rebranding as Long Blockchain Corp. in 2017 triggered a dramatic surge in its stock price, as investors clamored to get a piece of the blockchain pie.However, this rally was short-lived, as the company failed to deliver on its promises and demonstrate tangible progress in the blockchain space.

The blockchain hype of 2017-2018 saw many companies, both large and small, attempting to capitalize on the buzz surrounding the technology.Some of these ventures were genuine attempts to innovate and disrupt industries, while others were simply opportunistic plays aimed at attracting investors. Get the latest stock market news, stock information quotes, data analysis reports, as well as a general overview of the market landscape from Nasdaq.In many cases, the lack of a clear business strategy and a deep understanding of the technology led to disappointment and failure.

Long Blockchain's experience serves as a reminder that a successful business requires more than just a catchy name and a trendy buzzword.It requires a solid business plan, a competent management team, and a commitment to delivering real value to customers.

What Does the Future Hold for Beverages Gone Blockchain?

The future of Beverages Gone Blockchain remains uncertain. O comunicado de imprensa anunciou que Shamyl Malik, um veterano de tecnologia financeira, assumir o cargo de novo CEO da Long Blockchain Corp para desenvolver e investir em solu es deThe company faces significant challenges, including the threat of delisting, a history of failed ventures, and a competitive landscape.However, the appointment of a new CEO and the iced tea spinoff could provide a glimmer of hope.

To succeed, the company needs to:

• Demonstrate tangible progress in its blockchain initiatives: This includes developing innovative solutions, securing partnerships, and generating revenue.
• Rebuild investor confidence: This requires transparency, accountability, and a commitment to delivering on its promises.
• Successfully execute the iced tea spinoff: This includes ensuring a smooth transition, securing distribution agreements, and building a strong brand.
• Maintain compliance with Nasdaq listing requirements: This is crucial for avoiding delisting and maintaining access to capital markets.

The coming months will be critical for Beverages Gone Blockchain.The company's ability to navigate these challenges and execute its strategic plan will determine whether it can survive and thrive or fade into obscurity.

Frequently Asked Questions About Delisting

What does it mean when a company is delisted?

Delisting means a company's stock is removed from a particular stock exchange, like the Nasdaq or NYSE.This usually happens when a company fails to meet the exchange's listing requirements, such as minimum market capitalization or share price.

What happens to my shares if a company is delisted?

Your shares still exist, but they may become more difficult to trade. After Nasdaq threatens to delist Long Blockchain Corp. for the second time, the company approves new beverage spinoff and CEO. After Nasdaq gave a delist notice Friday, Feb. 16 to Long Blockchain Corp. for low market capitalization, the company, previously a soft drinks brand, has decided to make a last ditch effort at preserving its MoreDelisted stocks often move to the over-the-counter (OTC) market, where trading volume can be lower and price volatility higher.It can be harder to find buyers for your shares, and you may receive a lower price than you would have on a major exchange.

Can a company be relisted on a major exchange after being delisted?

Yes, it is possible, but it requires significant effort.The company must meet all the original listing requirements of the exchange, which can involve improving its financial performance, raising its share price, and demonstrating sustained compliance.

How does a delisting affect the company itself?

Delisting can severely damage a company's reputation and ability to raise capital. After Nasdaq threatens to delist Long Blockchain Corp. for the second time, the company approves new beverage spinoff and CEO.Institutional investors often avoid OTC stocks, making it harder for the company to attract investment.It can also lead to a decline in employee morale and difficulty attracting and retaining talent.

Conclusion: A Make-or-Break Moment for Beverages Gone Blockchain

The story of Beverages Gone Blockchain is a compelling example of the risks and rewards of chasing trends in the stock market. En octubre de 2025, Nasdaq hab a amenazado con retirar de la lista a la anteriormente denominada Long Island Iced Tea Corp. La compa a cambi su nombre a Long Blockchain Corp. a finales de diciembre de 2025, y vio un aumento casi inmediato del 500% en el precio de las acciones, lo que le ayud a evitar que Nasdaq la retirara.From its humble beginnings as Long Island Iced Tea to its audacious rebrand as a blockchain company, the company has experienced both exhilarating highs and devastating lows.Now, facing a second delisting notice from Nasdaq and a strategic crossroads, the company is making a bold move to reinvent itself once again.

The appointment of Shamyl Malik as the new CEO and the decision to spin off the iced tea business represent a significant shift in strategy, but their success is far from guaranteed. The press release announced that Shamyl Malik, a veteran of financial technology, will be taking the reigns as new CEO of Long Blockchain Corp to develop and invest in globally scalable on-chain blockchain technology solutions.The company must demonstrate tangible progress in its blockchain initiatives, rebuild investor confidence, and successfully execute the spinoff.If it can achieve these goals, Beverages Gone Blockchain may have a chance to survive and thrive. The company on Tuesday announced a new CEO and plans to spin off its original iced tea business. According to the company's balance sheets, it has no income or assets related toHowever, if it fails, the company could face a grim future.

Ultimately, the future of Beverages Gone Blockchain depends on its ability to learn from its past mistakes, adapt to the changing market landscape, and deliver real value to its stakeholders. Long Blockchain, formerly known as Long Island Iced Tea, received a second de-listing warning from Nasdaq for failing to maintain a market cap of $35 million. The company on Tuesday announced aThe market will be watching closely to see if this latest chapter in the company's saga will have a happy ending.

Are you interested in learning more about blockchain technology and its impact on various industries? Get the latest blockchain news and industry insights and learn how companies are using the technology to create social and industrial impact.Consider researching further and diversifying your knowledge base. $LIBB, now a wholly owned subsidiary of Long Blockchain, will split from Long Blockchain in the most appropriate manner: a hard fork if you will.Stay informed and make informed decisions.