Friday, December 1, 2023
NewsALUULA Goes Public

ALUULA Goes Public

Dear Valued Customers,

I am pleased to share that we are about to embark on an exciting new chapter for our company. What began as a quest to create lighter and stronger kites for Ocean Rodeo has now evolved into something much greater. ALUULA, our high performance and sustainable composite materials brand, is going public (TSX-V: AUUA) on April 20, 2023, marking a significant milestone for us all.

Our innovative approach to manufacturing has led to the development of extremely strong, light, and recycle ready composite materials. These performance composites have the potential to revolutionize a number of industries, including windsports, aerospace, outdoor/sport, sailing and numerous commercial applications.

We are committed to creating composite materials that are recyclable at the end of their useful life, and developing supply chains to recover and recycle these resources. Our priority is to shrink our environmental footprint, reduce operational waste, and use these resources more efficiently.

I want to take this opportunity to express my sincere gratitude to you, our loyal customer, for your unwavering support of Ocean Rodeo’s kite, wing, and OEM offerings. Without you, none of this would have been possible. As we move forward, we are excited to leverage the incredible opportunities presented by ALUULA technology and take our business to new heights.

Going public means we will have access to more investment, enabling us to expand and maximize the potential created by ALUULA technology. Ocean Rodeo, now a part of ALUULA, will continue to be a leading-edge premium brand in kiteboarding and wingfoiling. Our OEM design services in control bars and components will also continue, providing our customers with even more options.

Thank you for your continued support and commitment to ALUULA Composites and Ocean Rodeo Sports.

Sincerely,

Richard Myerscough
Founder of Ocean Rodeo & ALUULA Composites 

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