Announcement • Sep 03
Kronos Advanced Technologies Declares Special Cash Dividend for Shareholders, Payable on December 18, 2024 Kronos Advanced Technologies Inc. announced that its Board of Directors has declared a cash dividend for its shareholders. The Board has approved a cash dividend of $0.00001 per share on the Company’s outstanding shares of common stock. The dividend is payable on December 18, 2024, to shareholders of record as of September 18, 2024. Announcement • Aug 28
Kronos Advanced Technologies Inc. (OTCPK:KNOS) signed a letter of intent to acquire Suarez Corporation Industries for a total potential consideration of $25 million. Kronos Advanced Technologies Inc. (OTCPK:KNOS) signed a letter of intent to acquire Suarez Corporation Industries for a total potential consideration of $25 million on August 27, 2024. The acquisition is contingent upon the resolution of key financial obligations and securing the necessary capital to fully execute this revitalization strategy. Kronos and Suarez Industries are poised to finalize the acquisition within the next 90 days, pending due diligence and regulatory approvals. Announcement • Jul 29
Kronos Advanced Technologies Inc Launches TikTok E-Commerce Store Kronos Advanced Technologies Inc. announced the prelaunch of KronosAIR - official e-commerce store on TikTok. This strategic move aims to leverage the immense popularity of TikTok in the United States to reach a broader audience and engage with potential customers in innovative ways. Within the next two weeks, the company will upload all its best-selling FDA approved air purifiers to the new TikTok store. Kronos joins the ranks of prominent companies like Starbucks, Disney, and HubSpot, who have successfully integrated TikTok into their marketing and sales strategies. Known for its short-form video content, TikTok has attracted millions of users with its engaging and creative format. The platform's unique algorithm promotes content discovery, making it an ideal venue for brands to showcase their products and connect with new audiences. According to a recent Company report, TikTok boasts over 150 million active users in the United States alone, with a significant portion of its user base comprising Gen Z and Millennials. TikTok has over 1 billion monthly active users globally, It has become one of the fastest-growing social media platforms, surpassing the user base of Facebook and Instagram in a shorter time frame. The TikTok store will feature a variety of Kronos products, including the latest air purifiers and other advanced technology solutions. Customers will be able to purchase directly through the app, enjoying a seamless shopping experience enhanced by TikTok's engaging video content. In a groundbreaking initiative, Kronos is also offering every product owner the opportunity to become a Kronos micro-influencer. Customers can set up their own TikTok stores, promote Kronos products, and earn income through their social media presence. This program not only incentivizes customers to share their positive experiences but also expands Kronos' reach through authentic, user-generated content. The TikTok store will features a variety of Kronos products., including the latest air purification and other advanced technology solutions. customers will be able to purchase directly via the app, enjoying a seamless retail experience enhanced by TikTok's engage video content. A lot of these new businesses are brands selling products for the skin, face and body - 81% of TikTok Shop sales in the U.S. are in the beauty and health categories, according to Capital One's research. Historically, Kronos has focused on developing, marketing, and selling the Company's proprietary air movement and purification technology. The Company is planning to file additional patents to improve its existing technology as well as enter into new market segments but will continue to market air purifiers and other consumer products. Kronos Advanced Technologies Inc. announced in 2023 that the U.S. Food and Drug Administration (FDA) had granted 510(k) clearance to the company's manufacturer, classifying its Model 5 Air purifier as a Class II Medical Device. With FDA clearance, Kronos can now deploy its medical-grade air purification and air disinfection technology in hospitals, home health-care settings, schools, healthcare facilities, businesses, hotels, and government agencies. 
