KUALA LUMPUR, Malaysia, March 11, 2025 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) ("Starbox" or the "Company"), a service provider of cash rebates, advertising, and payment solutions with a goal of becoming a comprehensive artificial intelligence solutions provider in Southeast Asia, today announced that the Company received a staff determination notice (the “Staff Determination Notice”) from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on March 7, 2025, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq. Furthermore, pursuant to Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period, since the Company has effected two reverse stock splits over the prior one-year period,. The Company's securities will be suspended from trading on The Nasdaq Capital Market at the opening of business on March 18, 2025, and a Form 25-NSE will be filed with the U.S. Securities and Exchange Commission (the “SEC”), which will remove the Company's securities from listing and registration on The Nasdaq Stock Market (the “Suspension”), unless the Company requests an appeal of such determination to Nasdaq's Hearings Panel (the "Panel").

KUALA LUMPUR, Malaysia, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, advertising, and payment solutions with a goal of becoming a comprehensive artificial intelligence (“AI”) solutions provider in Southeast Asia, today announced the successful registration of its “Starbox,” “StarboxAI,” and “StarboxChat” trademarks in the Philippines. This milestone marks an important step in the Company's regional expansion strategy, reinforcing its commitment to establishing a strong presence in Southeast Asia. The Philippines has a growing population, that make it a key market in Starbox's growth trajectory, aligning with the Company's expansion plans.

KUALA LUMPUR, Malaysia, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) ("Starbox" or the "Company"), a service provider of cash rebates, advertising, and payment solutions, announces the launch of StarboxAI-IntelliContentCreate by its wholly-owned subsidiary, Starbox Technologies Sdn. Bhd. (“Starbox Technologies”). The AI-powered content creation platform is designed to improve the way businesses and creators generate high-quality content. The Company also plans to support 180 Degrees Brandcom Sdn Bhd (“180 Degrees Brandcom”), an indirect (51% owned) subsidiary of Starbox, in its advertising business with the platform. 180 Degrees Brandcom is a 4A advertising agency that offers digital marketing, advertising consulting, and design services.

KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, advertising, and payment solutions, is excited to announce that it has started to support 180 Degrees Brandcom Sdn Bhd (“180”) with its StarboxAI Pro Series software for 180's branding and advertising business. 180, an indirect subsidiary that is 51% owned by Starbox, is a 4A advertising agency incorporated in 2013 that offers digital marketing, advertising consulting and design services. 180 has maintained long-term relationships, with more than 20% of its existing clients for over 15 years. To enhance service quality, 180 anticipates improving brand engagement by using StarboxAI Pro Series, which provides artificial intelligence (“AI”) powered solutions for image creation, video production, and live streaming alongside data-driven marketing strategies.

KUALA LUMPUR, Malaysia , Feb. 8, 2024 /PRNewswire/ -- Starbox Group Holdings Ltd. (Nasdaq: STBX) ("Starbox" or the "Company"), a service provider of cash rebates, advertising, and payment solutions, has unveiled its financial results for the fiscal year ended September 30, 2023.

Kuala Lumpur, Malaysia, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, digital advertising, and payment solutions with a goal of becoming a comprehensive artificial intelligence (“AI”) solutions provider within Southeast Asia, today announced that the Company received a notification letter (the “Notification Letter”) from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on November 27, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification.

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Kuala Lumpur, Malaysia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, digital advertising, and payment solutions with a goal of becoming a comprehensive artificial intelligence (“AI”) solutions provider within Southeast Asia, is excited to announce the addition of an image-to-video feature in its StarboxAI - ViPro module. This tool harnesses the power of AI to convert static images into dynamic videos, accelerating video production for promotional and marketing materials.

Kuala Lumpur, Malaysia, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, digital advertising, and payment solutions with a goal of becoming a comprehensive artificial intelligence (“AI”) solutions provider within Southeast Asia, proudly announces the launch of the StarboxAI - ViPro module, featuring an innovative text-to-video function. The StarboxAI – ViPro module's Text-to-Video feature allows content creators to translate text instructions or scripts into visually engaging video content. This technology enables the generation of a mass library of short video content, reducing the time to create a video, and is particularly designed to produce content for social media.

Revenue and Net Profit Increased to $4.0 Million and $1.4 Million Respectively (Basic Earnings of $0.03 Per Share) with Technology-Driven Services Revenue Accounting for Approximately 43.8% of its Revenue KUALA LUMPUR, Malaysia , Aug. 29, 2023 /PRNewswire/ -- Starbox Group Holdings Ltd. (Nasdaq: STBX) ("Starbox" or the "Company"), a service provider of cash rebates, digital advertising, and payment solutions with a goal of becoming a comprehensive AI solutions provider within Southeast Asia, today announced its unaudited financial results for the six months ended March 31, 2023.