Galexxy Holdings, Inc.

Galexxy Holdings, Inc.

GXXY
Galexxy Holdings, Inc.US flagOther OTC
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USD
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248,339.00Market Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Michael Biagi
Full Time Employees
2
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Address
4630 Campus Drive Newport Beach CA United States of America 92660
IPO Date
Mar 21, 2013
Business
Galexxy Holdings, Inc. operates as a health and wellness company primarily engaged in the development, manufacturing, and marketing of functional mushroom-based products and adaptogens. Its core product portfolio includes a variety of functional mushroom supplements aimed at promoting health and wellness, leveraging mushroom isolates and blends for cognitive, immune, and overall well-being support. The company also extends into the hemp CBD oils and isolate industry through its former holdings but has recently divested those operations to focus exclusively on its mushroom and adaptogen business segments. Galexxy Holdings markets its products primarily in the United States with ongoing expansion efforts into blockchain-powered wellness marketplaces abroad. The company was founded in 2000 and is headquartered in Newport Beach, California. Recent major changes include the acquisition of WellBeing Farms LLC, which strengthens its production capabilities and product offerings in the functional mushroom sector. In May 2024, Galexxy formalized a pivotal Product and Brand Purchase Agreement consolidating full ownership of its mushroom-based product intellectual property, transitioning away from its CBD and hemp business. It also established a strategic partnership with New Age Marketing that enabled access to high-value business connections and facilitated an initial order from The Well Collective, a blockchain-enabled wellness marketplace, marking a significant step in its global digital platform expansion. In 2024, the company launched Adaptin, LLC, a new entity focused on adaptogen products, with an aligned vision to innovate in the wellness market through omnichannel distribution and community engagement strategies. These strategic moves reflect Galexxy’s shift toward specializing in mushroom-derived health solutions with a technology-enabled retail approach. Galexxy operates within the agricultural products and food, beverage, and tobacco industry sectors, targeting health-conscious consumers seeking natural wellness supplements. Its operations emphasize innovation in functional mushroom supplements distributed through direct sales, online platforms, and strategic partnerships. The company maintains a lean organizational structure with key executives including CEO Michael Biagi and President George T. Roth. Galexxy Holdings trades on the OTC Pink Sheets under the ticker symbol GXXY and continues to pursue growth opportunities in the expanding health and wellness industry.

Company News

APIChatGPT
  • GALEXXY HOLDINGS' New Age Marketing Partnership Delivers Sales from The Well Collective

  • Announcing Adaptin - Bringing Mushrooms to the Masses

  • Tyler Whitehead to Join Galexxy Holdings Inc.'s Board of Directors

  • Galexxy Holdings Inc. Announces New Company with Tyler Whitehead as CEO and Co-Founder

  • Galexxy Holdings Announces Strategic Decision to Divest CBD and Hemp and Expand its Functional Mushroom Businesses

  • Galexxy Inks an Agreement to Integrate Hussle's Leading Technology into Galexxy's New APP for Rapid Business Growth

  • Successful Business Executive Joins Galexxy Holdings' Management Team to Drive Market Growth

  • Galexxy's VendGenie(TM) to Expand Revenues to $12.75M in Smart Kiosks and Products with Delta 88 Agreement

  • Galexxy Holdings' Revenue Growth Strategy

  • Galexxy Holdings Signs Joint Venture with Pillars International, Bringing Two Firsts to the Direct Sales Industry