Kronos Advanced Technologies paid special cash dividend to shareholders, highlighting innovation and growth trajectory.

From GlobeNewswire: 2024-12-19 12:49:00

Kronos Advanced Technologies, Inc. (OTC: KNOS) paid its first special cash dividend on December 18, 2024, reflecting the company’s commitment to shareholder value. Shareholders can now expect to see dividend payments in their accounts. KNOS CEO Greg Rubin emphasized the company’s confidence in its growth trajectory and dedication to rewarding investors.

Tax implications for the dividend payment were highlighted, reminding shareholders that dividends may be taxable income in the U.S. Individual circumstances, such as account type, will determine the specific tax treatment. Kronos Advanced Technologies advised shareholders to consult tax advisors for guidance on tax implications.

Kronos Advanced Technologies, founded in 2002, focuses on developing innovative air purification technology without traditional HEPA filters. The company’s patented technology moves, filters, sterilizes, and purifies air efficiently, reducing energy consumption significantly. Kronos’ products cater to various markets, including healthcare, automotive, and indoor air quality.

Kronos received FDA clearance for its Model 5 Air Purifier as a Class II Medical Device, demonstrating the efficacy of its High Voltage Field air disinfection technology in eliminating harmful airborne particles. With the latest FDA clearance for the Model 8 product, Kronos can expand its medical-grade air purification technology to various settings, promoting healthier air environments.

Kronos Advanced Technologies is at the forefront of innovation in air purification and disinfection technology, aiming to improve indoor air quality and provide safer air environments. The company’s acceptance of cryptocurrencies like Dogecoin and Shiba Inu coins for product payments reflects its commitment to embracing emerging technologies and enhancing customer satisfaction.

For more information on Kronos Advanced Technologies, visit their website at www.KronosAIR.com. Follow KNOS on social media platforms like Twitter, Facebook, Instagram, YouTube, and Reddit to stay updated on the latest news and offerings. Contact the company via email at [email protected] for inquiries and information.

Disclaimer: This news release does not constitute an offer to sell or recommend any security. Kronos Advanced Technologies advises consulting tax, legal, and investment advisors for personalized advice. The company does not provide medical advice, and consumers should consult healthcare professionals before using air purification products. Any forward-looking statements are subject to change based on various factors.



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