RDE, Inc. Becomes a Fully-Compliant SEC Reporting Company and Files 10Q for Quarter Ended March 31, 2022

Strong Balance Sheet with $1.5 Million in Cash as of March 31, 2022

ATLANTA, GA, July 19, 2022 (GLOBE NEWSWIRE) -- RDE, Inc. (OTCQB: RSTN) (the “Company”), the owner and operator of Restaurant.com, the nation’s largest restaurant-focused digital deals brand, is pleased to announce it is now a fully-compliant SEC reporting company.

Ketan Thakker, Chief Executive Officer of RDE, Inc., commented, “Our entire team, from our Board of Directors and Executive Management team to our employees, is extremely proud of reaching this major milestone in our development. We have now fulfilled a commitment we made to our shareholders and put ourselves firmly on the path towards greater access to capital markets. We believe this step should assist in enabling us to fulfill our business objectives going forward.”

Thakker, continued, “We are excited about our recent business progress with the signing of additional partnerships that are expected to increase visibility and awareness and accelerate revenue growth. These include Blackhawk Network, Fresh Vine Wine and Takeout7. Restaurant.com is a pioneer in the restaurant deal space and the nation’s largest restaurant-focused digital deals brand. Our network of digital consumers, businesses, and communities now reach over 182,500 restaurants and retailers and cover 7.8 million customers. Our top three B2C markets are New York, Chicago and Los Angeles.”

For the first quarter ended March 31, 2022, the Company reported $0.8 million revenue and $0.3 million net income for an EPS of $0.02 per share.

About RDE, Inc.
RDE, Inc. (OTCQB: RSTN) (Restaurant, Dining and Entertainment) is a pioneer in the restaurant deal space and the nation’s largest restaurant-focused digital deals brand. Founded in 1999, Restaurant.com, Specials by Restaurant.com and our Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deal options nationwide at over 182,500 restaurants and retailers. Restaurant.com prides itself on offering the best deal, every meal. Our restaurant certificates and gift cards allow customers to save at thousands of restaurants across the country with just a few clicks.

For more information, visit: www.rdeholdings.com and https://www.restaurant.com.

Forward-Looking Statements
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