Ispire Technology Inc.

Ispire Technology Inc. researches, develops, designs, commercializes, sells, markets, and distributes branded and non-branded vaping hardware products for both nicotine and cannabis, and assembles nicotine pouch products and other next-generation nicotine products. Vaping involves inhaling and exhaling vapor from an electronic vaping device. The company's products are sold into global nicotine markets as e-cigarettes and global cannabis markets as cartridges filled with oils by its customers. Ispire sells e-cigarette and pouch products globally where legally permitted. A majority of its nicotine products are marketed under the "Aspire" brand and sold through its distribution network. Some nicotine products are also manufactured in Malaysia on an OEM or ODM basis for other customers. The company currently sells cannabis vaping hardware in the United States, Canada, and South Africa, and is developing its sales network across Europe, South America, and other regions. Its cannabis products are marketed under the Ispire brand, primarily on an original design manufacturer ("ODM") basis to other cannabis vapor companies, including multi and single-state operators, brand owners, and co-packers. ODM involves designing and customizing core products to meet each brand's unique image and needs, with Ispire's hardware products then sold by customers under their own brand names.