Fifty 1 Labs, Inc. (OTC: FITY) has issued a formal clarification regarding references to LUNR Aerospace in a previous press release, stating definitively that no partnership or collaboration has ever existed between the companies. The clarification comes in response to the company's August 26, 2025, press release and aims to address any potential confusion among investors and stakeholders about corporate relationships. The company confirmed that no formal partnership or collaboration has ever been formed between Fifty 1 Labs, or its former subsidiary Fifty1 AI Labs, and LUNR Aerospace. Furthermore, management stated there is no current intent to establish such a relationship. This clarification follows significant corporate changes within Fifty 1 Labs, including the resignation of former CEO Mr. Arora on December 1, 2025.
According to the company's statement, there is no common ownership, management, or board representation between Fifty 1 Labs and LUNR Aerospace. The separation extends to all operational aspects, with management emphasizing that there is no overlap in work, leadership, funding, or affiliation between the two entities. This clear delineation is particularly important given the specialized nature of both companies' work in their respective fields. The corporate restructuring also involved Fifty 1 Labs divesting from Fifty1 AI Labs Inc. as of December 3, 2025. This separation creates distinct corporate entities with independent operations and strategic directions. The clarification serves to ensure that investors and market participants have accurate information about the company's current structure and relationships.
For additional information about the company's operations and corporate structure, interested parties can visit the company's official website at https://www.fifty1labs.com. The full press release containing the clarification is available through the company's communications channels, providing complete transparency about the corporate relationships and separations that have taken place. The timing of this clarification is significant as it comes during a period of corporate transition for Fifty 1 Labs. By clearly defining its relationships and corporate structure, the company aims to provide investors with the information necessary to make informed decisions. The statement underscores the importance of accurate corporate disclosure in maintaining market integrity and investor confidence.
