FOR IMMEDIATE RELEASE:
ANGEL SHARKS TRANSFORMS INTO CALIFORNIA BENEFIT CORP, PLEDGING TO PRESERVE PLANETARY RESOURCES AND ADVANCE CARBON NEGATIVITY Thousand Oaks, California [01/10/2024] — In a groundbreaking move, Angel Sharks, theAngel Sharks XPRIZE CARBON RECOVERY TEAM, announces its transition into a for-profit California Benefit Corporation. This strategic shift aligns with Angel Sharks’ commitment to safeguarding our planet’s natural resources while actively contributing to carbon negativity. The decision to become a California Benefit Corp underscores Angel Sharks’ dedication to sustainable practices and corporate responsibility. By embracing this new legal structure, the organization aims to amplify its impact on environmental conservation and provide substantial support to initiatives promoting carbon neutrality. Angel Sharks pledges to allocate up to 10% of its future profits towards empowering customers to achieve carbon negativity. This innovative approach reflects the organization’s belief in a collaborative effort to combat climate change, encouraging individuals and businesses to actively participate in the journey towards a greener future. “We are thrilled to embark on this transformative journey as a California Benefit Corp,” said Alan DeRossett, CEO at Angel Sharks. “This strategic decision enables us to blend environmental advocacy with sustainable business practices, reinforcing our commitment to creating a positive impact on the planet.” The organization remains steadfast in its mission to protect marine ecosystems, promote sustainable practices, and now, contribute significantly to carbon negativity efforts. Angel Sharks invites partners, stakeholders, and the community at large to join hands in this exciting venture towards a more sustainable and carbon-neutral world. For media inquiries, please contact Blue_Carbon@Angelsharks.net About Angel Sharks: Angel Sharks is a leading environmental advocacy group and XPRIZE CARBON RECOVERY TEAM dedicated to the preservation of marine ecosystems and sustainable practices. With a mission to protect our planet’s natural resources, Angel Sharks embraces innovative approaches to drive positive change and inspire others to join the movement toward a more sustainable future.