GenFlat Holdings, Inc.

GenFlat Holdings, Inc. is an early-stage company that developed a sustainable collapsible marine container, known as the GenFlat Container. This container can be collapsed when empty and stacked in bundles of four, occupying the same space as one conventional high cube marine container. This 4-to-1 stacking capability can save up to 75% on freight costs, terminal handling fees, transloading fees, and other associated fees. It also reduces carbon emissions from ocean vessels, trucks, and trains by decreasing the number of necessary trips and saves space at ports, container yards, and distribution centers. The company operates as a container sales and leasing company, supplying its patented marine containers primarily to shipping line customers through various short and long-term lease structures. The GenFlat Containers are manufactured by China International Mariner Containers (CIMC) in Dalian, China. Manufacturing and marketing of these containers began in September 2023. GenFlat Holdings, Inc. commenced operations on September 9, 2019, initially as Healthcare Business Resources Inc., providing consulting services to healthcare organizations. On October 18, 2023, the company entered into a Share Exchange Agreement with GenFlat, Inc., a Delaware corporation incorporated on July 25, 2022. This agreement closed on December 20, 2023, resulting in GenFlat Holdings, Inc. acquiring 97.22% of the outstanding shares of common stock of GenFlat, Inc.