EQS-News

ADM Endeavors Provides Update on Proposed Land Sale and Planned Use of Proceeds 14.05.2026, 15:36 Uhr von EQS News Jetzt kommentieren: 0

Werte zum Artikel
Name Aktuell Diff. Börse
ADM Endeavors 0,04 USD -2,44 % Nasdaq OTC

EQS-News: ADM Endeavors / Key word(s): Manufacturing
ADM Endeavors Provides Update on Proposed Land Sale and Planned Use of Proceeds

14.05.2026 / 15:36 CET/CEST
The issuer is solely responsible for the content of this announcement.


FORT WORTH, TX - May 14, 2026 (NEWMEDIAWIRE) - ADM Endeavors, Inc. (OTCQB: ADMQ), a diversified company operating through subsidiaries in branded apparel, embroidery, screen printing, promotional products and uniform programs, today provided an update regarding a proposed sale of a land asset and the company’s planned use of proceeds if the transaction is completed.

The company is evaluating a proposal for the sale of a land parcel for approximately $2,518,813, representing approximately $5.56 per square foot. The proposed transaction includes customary due diligence tied to predevelopment review, rezoning and municipal approval timelines.

Under the proposed schedule, the buyer would be required to apply for and complete a PreDevelopment Meeting within 30 days of contract execution. The buyer would also be required to apply for rezoning by the July 6, 2026 filing deadline. Based on the anticipated municipal review schedule, the zoning case is expected to be heard by the Zoning Commission on or about August 12, 2026, with City Council review expected by the end of September 2026, subject to any city requests, requirements or hearing delays.

The proposed structure also provides that, following successful zoning approval, the buyer’s earnest money, or a portion thereof, would become non-refundable. Management believes this structure allows the buyer to complete necessary zoning-related due diligence while providing the company with stronger transaction protection after a key approval milestone is reached.

If the transaction is successfully completed, ADM Endeavors currently plans to use approximately $1.5 million of the proceeds to pay down the company’s highest-interest building-related loan. Based on current estimates, this debt reduction is expected to lower the company’s monthly debt service by approximately $12,000.

The remaining proceeds are expected to be used to support cash flow needs and complete the company’s transition into its new Fort Worth facility.

“This proposed transaction reflects our continued focus on strengthening the company’s financial position while completing our transition into a more efficient operating platform,” said management. “If completed, the sale would allow us to reduce high-interest debt, lower monthly debt service and support the final stages of our move into the new facility.”

ADM Endeavors believes the transition into its new consolidated facility will better position the company for long-term operating efficiency, improved coordination across divisions and future growth in branded merchandise, apparel decoration, promotional products and uniform services.

About ADM Endeavors, Inc.

ADM Endeavors, Inc. (OTCQB: ADMQ) is a diversified company focused on embroidery, screen printing, promotional products, uniforms, branded apparel and custom merchandise solutions. Through its operating subsidiaries, including FW Promo, the company serves businesses, schools, organizations and commercial customers throughout Texas and across the United States.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding a proposed land sale, expected transaction terms, due diligence milestones, zoning and municipal approval timelines, earnest money terms, anticipated use of proceeds, expected debt reduction, projected monthly debt service savings, cash flow support, completion of the company’s facility transition and future operating efficiencies. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Investors are encouraged to review the company’s public filings and disclosures for additional information regarding these risks and uncertainties.

Contact Information
Marc Johnson, CEO
Phone: 817.231.8048
Email: info@admendeavors.com


News Source: ADM Endeavors


14.05.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: ADM Endeavors
United States
ISIN: US00089T1007
EQS News ID: 2327790

 
End of News EQS News Service

2327790  14.05.2026 CET/CEST

Kommentare (0) ... diskutiere mit.
Werbung

Handeln Sie Aktien bei SMARTBROKER+ für 0 Euro!* Profitieren Sie von kostenloser Depotführung, Zugriff auf 29 deutsche und internationale Börsenplätze und unschlagbar günstigen Konditionen – alles in einer innovativen, brandneuen App. Jetzt zu SMARTBROKER+ wechseln und durchstarten!

*Ab 500 EUR Ordervolumen über gettex. Zzgl. marktüblicher Spreads und Zuwendungen.

k.A. k.A. k.A. k.A.
k.A. k.A. k.A. k.A.
k.A. k.A. k.A. k.A.
Schreib den ersten Kommentar!

Dis­clai­mer: Die hier an­ge­bo­te­nen Bei­trä­ge die­nen aus­schließ­lich der In­for­ma­t­ion und stel­len kei­ne Kauf- bzw. Ver­kaufs­em­pfeh­lung­en dar. Sie sind we­der ex­pli­zit noch im­pli­zit als Zu­sich­er­ung ei­ner be­stim­mt­en Kurs­ent­wick­lung der ge­nan­nt­en Fi­nanz­in­stru­men­te oder als Handl­ungs­auf­for­der­ung zu ver­steh­en. Der Er­werb von Wert­pa­pier­en birgt Ri­si­ken, die zum To­tal­ver­lust des ein­ge­setz­ten Ka­pi­tals füh­ren kön­nen. Die In­for­ma­tion­en er­setz­en kei­ne, auf die in­di­vi­du­el­len Be­dür­fnis­se aus­ge­rich­te­te, fach­kun­di­ge An­la­ge­be­ra­tung. Ei­ne Haf­tung oder Ga­ran­tie für die Ak­tu­ali­tät, Rich­tig­keit, An­ge­mes­sen­heit und Vol­lständ­ig­keit der zur Ver­fü­gung ge­stel­lt­en In­for­ma­tion­en so­wie für Ver­mö­gens­schä­den wird we­der aus­drück­lich noch stil­lschwei­gend über­nom­men. Die Mar­kets In­side Me­dia GmbH hat auf die ver­öf­fent­lich­ten In­hal­te kei­ner­lei Ein­fluss und vor Ver­öf­fent­lich­ung der Bei­trä­ge kei­ne Ken­nt­nis über In­halt und Ge­gen­stand die­ser. Die Ver­öf­fent­lich­ung der na­ment­lich ge­kenn­zeich­net­en Bei­trä­ge er­folgt ei­gen­ver­ant­wort­lich durch Au­tor­en wie z.B. Gast­kom­men­ta­tor­en, Nach­richt­en­ag­en­tur­en, Un­ter­neh­men. In­fol­ge­des­sen kön­nen die In­hal­te der Bei­trä­ge auch nicht von An­la­ge­in­te­res­sen der Mar­kets In­side Me­dia GmbH und/oder sei­nen Mit­ar­bei­tern oder Or­ga­nen be­stim­mt sein. Die Gast­kom­men­ta­tor­en, Nach­rich­ten­ag­en­tur­en, Un­ter­neh­men ge­hör­en nicht der Re­dak­tion der Mar­kets In­side Me­dia GmbH an. Ihre Mei­nung­en spie­geln nicht not­wen­di­ger­wei­se die Mei­nung­en und Auf­fas­sung­en der Mar­kets In­side Me­dia GmbH und de­ren Mit­ar­bei­ter wie­der. Aus­führ­lich­er Dis­clai­mer