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James Croll
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The formerly Queensland-based wave pool developer Surf Lakes Global has advised of the creation of a new parent company, Surf Lakes Global, Inc., based in the USA state of Delaware.
Surf Lakes advise that the move to become a USA-based company follows “the successful approval of a Scheme of Arrangement process in late 2023 and full implementation as of January 2024.”
This new entity, Surf Lakes Global, Inc., is now the parent company for Surf Lakes, providing, as it says, “access and momentum into the US market.”
Surf Lakes advise that will maintain business operations out of Australia, including all research and development initiatives with the engineering team working at the Gold Coast and on-site at the research and development facility at Yeppoon.
Surf Lakes advise that move was made due to many factors, including:
In the wake of the move, Surf Lakes Chief Executive, Aaron Trevis, will be moving to the USA to join Surf Lake’s US-based staff in the California Office.
The company advises “the redomicile will not affect ongoing business operations, as Surf Lakes will continue to maintain staff operating from the Australian office on the Gold Coast, Australia. Surf Lakes is also raising capital in Australia to upgrade the Yeppoon facility into a commercial facility.”
For more information go to www.surflakes.com
5th January 2024 - Site of proposed ACTVENTURE waterpark and resort to be sold as developer’s company enters administration
20th December 2023 - URBNSURF expands long-term partnership with Rip Curl
2nd December 2023 - Gold Coast artificial surf attraction gains conditional planning approval
30th October 2023 - Wavegarden releases new AI video capture technology to boost surf park revenue
24th October 2023 - URBNSURF and Boost Mobile partner to deliver multi-sport lifestyle event
18th September 2023 - Plans revealed for next-generation stationary wave technology, ‘FlowSurf’
15th July 2023 - World’s largest wave pool and surf park set to open in Abu Dhabi before end of 2023
30th May 2023 - Aventuur moves closer to delivering a sustainable Wavegarden surf park in the north of Auckland
14th March 2023 - Surf Park Central releases 2023 Consumer Trends Report
1st November 2022 - Surf Lakes signs agreement with Global Surf Parks to rebuild and open Yeppoon wave attraction to the public
6th October 2022 - Wavegarden presents first bespoke water treatment system for artificial surfing lagoons
3rd June 2022 - Surf Lakes names Sam Bloom as new ambassador
31st January 2022 - Surf Lakes secures development approval for tourism development at Yeppoon site
1st April 2021 - Surf Lakes Yeppoon developers look to transform prototype into visitor attraction
30th January 2020 - Plans revealed for surf wave park at golf resort in outer Western Sydney
10th January 2020 - URBNSURF artificial wave park opens in Melbourne
8th August 2018 - New artificial surfing attractions to open in Japan
27th November 2017 - Kalgoorlie-Boulder Mayor plans artificial beach and surf wave attraction
19th May 2017 - New generation artificial surf technology producing 1000 waves an hour
6th August 2015 - Yeppoon looks to develop foreshore lagoon and wave pool