XA Interactive, Inc. completed the acquisition of Holiday Island Holdings, Inc. in a reverse merger transaction.
July 02, 2023
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XA Interactive, Inc. executed a letter of intent to acquire Holiday Island Holdings, Inc. (OTCPK:HIHI) in a reverse merger transaction on June 12, 2023. XA Interactive, Inc. entered into a definitive agreement to acquire Holiday Island Holdings, Inc. (OTCPK:HIHI) in a reverse merger transaction on June 15, 2023. As a result of the transaction, Holiday Island Holdings will issue 360 million shares as consideration. This landmark agreement marks the initiation of a recapitalization of HIHI while propelling XA Interactive, Inc. into the advantages of public trading, setting the stage for exceptional future growth. XA Interactive, Inc. is initiating the process of updating and filing for a change in name and ticker symbol, symbolizing its transformation and further aligning its corporate identity with the strategic merger and its newly attained status as a publicly traded company.
XA Interactive, Inc. completed the acquisition of Holiday Island Holdings, Inc. (OTCPK:HIHI) in a reverse merger transaction on July 3, 2023. XA Interactive, Inc. signed a termination agreement to transfer back the Holiday Island Holdings, Inc. name on January 3, 2024.
Holiday Island Holdings, Inc. is a development stage company. The Company is engaged in recreational, residential, and commercial real estate acquisition, management, and development. The Company intends to primarily identify existing developed or partially developed recreational, residential, or commercial real estate projects, and then to negotiate a total, or partial acquisition of such properties, with the intent to operate the acquisition, within the marketing area of Texas, Arkansas, Oklahoma, Louisiana and Missouri. The Company's wholly owned subsidiary, XA Interactive, Inc. (XA), is engaged in the energy sector. XA has oil and gas land leases totaling approximately 20,000 acres under management and operates producing oil wells.
HOLIDAY ISLAND HOLDINGS, INC. 
