JP 3E Holdings Acquires MetaRock: A Strategic Move for Growth
JP 3E Holdings, Inc. Completes Acquisition of MetaRock, Inc. and Announces Corporate Changes
Corporate Actions and Trading Symbol Update
SOMERSET, N.J., July 1, 2025 (GLOBE NEWSWIRE) — JP 3E Holdings, Inc. (formerly known as Spooz, Inc. – OTC: SPZI) has successfully executed its planned corporate actions, as confirmed by FINRA, effective today. The company will temporarily trade under the symbol SPZID for a period of 20 business days before transitioning to its new ticker, JPTE, along with a newly assigned CUSIP number of 84915Q209. Additionally, JP 3E will reduce its authorized shares to 1.2 billion.
Strategic Acquisition of MetaRock, Inc.
In a significant move, JP 3E has finalized the acquisition of MetaRock, Inc., making it a wholly owned subsidiary. This strategic acquisition marks JP 3E’s entry into the Artificial Intelligence sector, enhancing its position as it aims for an uplisting on NASDAQ under the leadership of CEO John K. Park. Jong-woo Kim, the CEO and Chairman of MetaRock, will take on the role of President at JP 3E.
Innovative Technology and Revenue Models
MetaRock is recognized as the pioneer in decentralized metaverse technology, boasting contracts with over 30 multinational corporations. While JP 3E specializes in commodity transactions, MetaRock has developed a patented trading platform that is expected to generate significant revenue through six distinct models:
- Cube Name Service (CNS)
- Advertising
- Subscription
- Development
- Kiosk Sales
- Game Operating
The intellectual property portfolio of MetaRock includes nine patents that protect its unique technology, which is designed to facilitate large-scale transactions securely. This blockchain-based configuration ensures that transactions are completed without the risk of capital loss or payment issues, effectively termed “smart contracts on steroids.”
Enhancing Transactional Integrity
The integration of MetaRock’s technology is anticipated to enhance the integrity of transactions conducted by JP 3E, ensuring that payments are made to sellers only when goods are delivered to buyers. This assurance of transaction completion is expected to expedite the closure of numerous multimillion-dollar deals that JP 3E has been working on.
Facilitating Commodity Transactions
The acquisition aligns perfectly with JP 3E’s existing commodity contracts that are currently pending closure. MetaRock’s Trade Finance Platform, which has been tested by John Park and his team, will enable the resumption of these commodity transactions, including gold, copper, sugar, chicken paws, and aluminum. With MetaRock’s support, JP 3E aims to finalize these stalled contracts and achieve monetization.
Leadership Statements
Kim Jong-woo, CEO and Chairman of MetaRock, expressed enthusiasm about joining JP 3E, stating, “We are proud to be part of the JP 3E team, as we believe our contributions will significantly aid in meeting NASDAQ qualifications and realizing the potential of our unique technologies.”
John K. Park, CEO, Chairman, and President of JP 3E, remarked, “With MetaRock as our wholly-owned subsidiary, we are well-positioned to advance our growth strategies. Their patented technology is essential for ensuring successful transactions.”
About MetaRock
MetaRock offers a fully decentralized metaverse network service designed to secure transactions through blockchain technology, ensuring risk-free finalization of payments and goods exchange. The company aims to collaborate with various components of the metaverse, providing a platform that includes gaming, virtual reality, artificial intelligence, entertainment, and e-commerce. Users can create personalized metaverse experiences through the DotCube Protocol, which supports diverse genres, including NFTs and play-to-earn games.
About JP 3E Holdings, Inc.
With the acquisition of MetaRock, JP 3E is positioned to become a leader in global commodity transactions, recognized for its innovative trade solutions across multiple sectors. The company is committed to sustainability and aims to drive new trends in the global commodity market.
Company Contact Information
For further inquiries, please contact:
John K. Park, CEO, President, and Chairman
Email: [email protected]
Phone: 732-241-0598 (Office)
Websites: JP 3E Holdings | JP 3E Holdings News
Social Media: X | Facebook
Email: [email protected]
Safe Harbor Notice
This announcement contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. The company cautions that these statements involve risks and uncertainties that could cause actual results to differ materially from those projected. The company undertakes no obligation to update these statements following the date of this release.
