Royalty Management provides business update post merger completion

Royalty Management Holding Corporation is providing a business update post its completion of the S-4 merger and provide a business update with focus on opportunistic growth and value creation events. Some select, key highlights thus far in 2024: The company operates under a low-cost, low overhead model to expand its business enabling the Company to utilize cash flow from operations to expand its business or take advantage of accretive opportunities. RMC Environmental Services revenues for the month of April 2024 alone has covered 100% of the expenses for the division for the entire year. On a cash basis, the Company’s monthly corporate expenses ranges from $41,000 to $65,000, with majority of previous expenses related to the merger and no longer recurring. Revenues for the last two months have exceeded cash operational costs. Cash flow generated from operations will be used for new investments, stock buybacks and/or dividend depending on share value. The Company has no funding obligations or term notes over the next year that require additional capital. Over the next six months, it is anticipated that additional revenue streams will be expanding to provide additional free cash flow. Over the next year, it is anticipated that at least one of our portfolio companies will have an exit either through sale or IPO. As a result of lower cash in trust, and thus resulting in less shares outstanding, the Company is focusing on the highest value, most accretive opportunities it has available, which may result in the current forecasts differing from the previous forecasts identified in the filed Form S-4 statement.