InvestorNewsBreaks – Iconic Brands Inc. (ICNB) Announces Name Change, New Interim CEO
Jul 7, 2022
Iconic Brands (OTCQB: ICNB), a leader in the development, design and delivery of alcohol and nonalcohol beverages, is changing its name and stock ticker symbol, subject to stockholder and FINRA approval. The company announced that it plans to change its name to TopPop Innovative Brands Inc. and change its existing stock ticker symbol from ICNB to TPOP. In addition, the company named Tom Martin, founder and CEO of TopPop LLC, as interim CEO; Martin has four decades of experience in the packaging industry. Iconic Brands acquired TopPop, now a wholly owned subsidiary, in July 2021. According to the announcement, these key changes reflect the company’s focus on its core growth markets and opportunities, as well as its leadership in sustainable flexible packaging solutions for the food and beverage industry. “I want to express my deep appreciation to the Iconic team members and Iconic investors for making our progress to this point possible,” said Iconic Brands interim CEO Tom Martin in the press release. “I believe TopPop is on a solid growth trajectory. We have built a new 65,000-square-foot facility to expand capacity and to keep up with growing customer demand, and we achieved full-scale production capability at the end of March 2022. In addition, we launched Bellissima Zero, a new line of zero-sugar still wines. I believe it is time to rename the company to align more closely with its core innovative packaging business and prepare the company to list on a national exchange. The sustainable flexible packaging business continues to grow rapidly, as brands and retailers are increasingly looking for U.S. packaging solutions that enhance their products and brand portfolios while also lowering packaging costs and reducing waste. Our capabilities enable our customers to provide a healthier and more environmentally friendly end product to consumers.”
To view the full press release, visit https://ibn.fm/nU5yO
About Iconic Brands Inc.
Iconic Brands is a leader in the development, design and delivery of alcohol and nonalcohol beverages. TopPop, Iconic’s wholly owned subsidiary, is a leader in the innovation of low-calorie, ready-to-go drinks and ready-to-freeze (“RTF”) and ready-to-drink (“RTD”) products in sustainable, flexible and stand-up pouch packaging, and in the alcohol ice-pop and cocktails-to-go market. Iconic’s brands include Bellissima by Christie Brinkley, a premium better-for-you and better-for-the-planet collection of prosecco, sparkling wines and still wines, all of which are certified vegan and made with organic grapes. Bellissima is strategically positioned with its zero-sugar wines in the zero-sugar beverage category. Iconic operates in multiple states, distributes around the globe and has Fortune 500 customers that include some of the world’s largest alcohol beverage companies and brands. For more information about the company, please visit www.IconicBrandsUSA.com, www.BellissimaProsecCo.com, www.TopPoppkg.com and www.SonjaSangria.com.
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