Kronos Completes Acquisition of Zyppah to Expand Sleep Apnea Market

Kronos Advanced Technologies announced the completion of its acquisition of Zyppah. In support of this strategic move, Kronos has formed a wholly owned subsidiary, Zyppah, in State of Colorado. This acquisition positions Kronos to expand into the rapidly growing sleep apnea market, integrating Zyppah's proven products with KronosMD's advanced digital health technologies to deliver enhanced, personalized solutions that could boost shareholder value. The transaction combines Zyppah established anti-snoring mouthpieces,which have generated over $55M in cumulative sales since inception, with KronosMD's upcoming remote ultrasound imaging and monitoring innovations. Upon completion of KronosMD's product development, this synergy will enable the production of custom-fitted Zyppah anti-snoring appliances, offering superior efficacy, user satisfaction, and revenue opportunities in the sleep apnea solutions sector. In connection with the acquisition, Kronos Advanced Technologies is pleased to notify its shareholders and those of the acquired Zyppah of an anticipated rights offering in the near term. This non-transferable offering will grant eligible Kronos and former Zyppah shareholders the opportunity to acquire additional Kronos common stock shares at a discounted price below market value, enabling them to preserve or expand their ownership in the merged entity. The proceeds will fund integration,product advancement, and growth in sleep apnea solutions and digital health markets, pending final terms, regulatory clearances, and adherence to securities regulations. Specifics, such as subscription pricing, ratio, and record date, will be revealed in the official announcement; shareholders should consult the prospectus for complete details.