SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Pursuant to Section 13 OR 15(D) of the Securities Exchange Act Of 1934
Date of report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
|(Commission File Number)||(IRS Employer Identification No.)|
|(Address of Principal Executive Offices)||(Zip Code)|
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
|Item 7.01.||Regulation FD Disclosure.|
On January 31, 2022, XpresSpa Group, Inc. (the “Company”) issued a press release announcing the extension of their initial $2 million airport-based biosurveillance program with the Centers for Disease Control and Prevention (CDC) through its subsidiary XpresCheck®, bringing the total contract to $5.6 million.
The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and the contents of the press release are hereby incorporated herein by reference.
The information set forth in or incorporated by reference into this Item 7.01, including the information set forth in Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. In addition, this report (including Exhibit 99.1) shall not be deemed an admission as to the materiality of any information contained herein that is required to be disclosed solely as a requirement of Item 7.01.
|Item 9.01.||Financial Statements and Exhibits.|
|99.1||Press Release, dated January 31, 2022|
|104||Cover Page Interactive Data File (embedded within the Inline XBRL document).|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|XPRESSPA GROUP, INC.|
|Date: January 31, 2022||By:||/s/ Cara Soffer|
XpresSpa Group Extends Collaboration with Centers for Disease Control and
Prevention (CDC) to Conduct Ongoing COVID-19 Biosurveillance at U.S. Airports
SARS-CoV-2 Variant Identification Program Expands Beyond Initial Pilot; Now Totals $5.6 Million
NEW YORK, Jan. 31, 2022 -- XpresSpa Group, Inc. (Nasdaq: XSPA), a travel health and wellness company, today announced the extension of their initial $2 million airport-based biosurveillance program with the Centers for Disease Control and Prevention (CDC) through its subsidiary XpresCheck®, bringing the total contract to $5.6 million.
First launched in September 2021, the COVID-19 biosurveillance program consisted of an 8-week pilot that focuses on the importation of emerging SARS-CoV-2 variants in the United States on flights originating from India.
“During the Thanksgiving holiday, we worked closely with the CDC to pivot and expand our surveillance program to screen for the new, highly contagious Omicron variant that was identified just days earlier in Africa,” said Ezra Ernst, XpresCheck’s recently appointed chief executive officer. “Together, with our testing partner, Concentric by Ginkgo, we successfully expanded the program to monitor additional flights from around the globe.”
With the recent expansion, the program now tests passengers entering the United States from seven African countries, including passengers making connections through the United Kingdom, France, Germany and Brazil – countries that have been identified as Level 4 Risk Assessment for COVID-19. Initially, the biosurveillance program provided testing for travelers arriving from India at three key United States airports including John F. Kennedy International Airport, Newark-Liberty International Airport and San Francisco International Airport. The expansion also included the addition of Hartsfield-Jackson Atlanta International Airport, bringing the number of testing sites to four.
“For the past 3 months, XpresCheck and their testing partner, Concentric by Gingko, demonstrated that a traveler-based SARS-CoV-2 viral genomic surveillance program can help detect emerging SARS-CoV-2 variants in the United States,” said Dr. Cindy R. Friedman, chief of CDC’s Travelers’ Health Branch. “In fact, following the rapid expansion over the Thanksgiving break, the program detected the first documented U.S. cases of Omicron sub-lineage BA.2 and BA.3,” added Friedman.
Operationally, the current expansion utilizes the same tests and processes as the pilot program. Passengers take a PCR test, which is combined with 5-10 other samples and sent to the lab to determine the presence of COVID-19. If the presence of COVID-19 is detected in the pooled sample, the viral samples will undergo genomic sequencing to identify the presence of any variants, such as the Omicron variant. In addition to the pooled tests, participating travelers are provided a free take-home PCR test which they are recommended to take within 3-5 days after their arrival. Both tests help the CDC understand which variants are making their way to the U.S.
“It’s a source of pride for me and all the XpresCheck employees that we are making a real impact in the response to COVID-19,” said Scott Milford, the recently-appointed Chief Executive Officer of XpresSpa Group. “We are creating a travel-based surveillance platform that can be used to address future emerging threats and help protect our borders. With the expansion, we are one step closer to enabling program near real-time detection of novel COVID-19 variants at our borders.”
Funding for this project is made possible (in part) by the Centers for Disease Control and Prevention. The views expressed in written materials or publications do not necessarily reflect the official policies of the Department of Health and Human Services, nor does the mention of trade names, commercial practices, or organizations imply endorsement by the U.S. Government.
About XpresSpa Group, Inc.
XpresSpa Group, Inc. (Nasdaq: XSPA) is a leading global health and wellness holding company operating three distinct brands: XpresCheck®, XpresSpa®, Treat™. XpresCheck is a leading on-site airport provider of COVID-19 screening and testing with 14 locations in 12 domestic airports. XpresSpa is a leading airport retailer of spa services and related health and wellness products, with 45 locations in 21 airports globally. Treat is a travel health and wellness brand that is providing on-demand access to healthcare through technology and personalized services. The Company also recently acquired HyperPointe™, a leading digital healthcare and data analytics relationship marketing agency servicing the global healthcare and pharmaceutical industry
To learn more about XpresSpa Group, visit: www.XpresSpaGroup.com.
To learn more about XpresCheck, visit: www.XpresCheck.com.
To learn more about XpresSpa, visit www.XpresSpa.com.
To learn more about Treat, visit: www.Treat.com.
To learn more about HyperPointe, visit www.Hyperpointe.com
Twitter: @xprescheck and Instagram: @realxprescheck
Twitter: @XpresSpa and Instagram: @XpresSpa
Twitter: @Treat_Care and Instagram: @treat_care
This press release may contain "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These include statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. In particular, these statements include, without limitation, statements about our expectations relating to our new XpresCheck™ concept, being able to expand testing to other communicable diseases as well as administer vaccinations for the seasonal flu, our positioning to be part of the national rollout of various COVID-19 vaccinations, the degree to which our public testing model assists passengers meet testing requirements in select states and countries, our ability to identify and gain access to the latest and best COVID-19 testing methodologies and equipment, and our overall ability to manage the regulatory challenges associated with this business line. Forward-looking statements relating to expectations about future results or events are based upon information available to XpresSpa Group as of today's date and are not guarantees of the future performance of the company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in XpresSpa Group’s most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, recent Current Reports on Form 8-K and other Securities and Exchange Commission filings. All subsequent written and oral forward-looking statements concerning XpresSpa Group, or other matters and attributable to XpresSpa Group or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. XpresSpa Group does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.
About Ginkgo Bioworks
Ginkgo is building a platform to enable customers to program cells as easily as we can program computers. The company's platform is enabling biotechnology applications across diverse markets, from food and agriculture to industrial chemicals to pharmaceuticals. Ginkgo is also actively supporting a number of COVID-19 response efforts, including K-12 pooled testing, vaccine manufacturing optimization and therapeutics discovery. For more information, visit www.ginkgobioworks.com.