ACQUISITION OF SKËN ESSENTIALS, A PIONEERING SKINCARE BRAND FOR MELANI

FOR IMMEDIATE RELEASE

MOHBILITY, INC. COMPLETES ACQUISITION OF SKËN ESSENTIALS, A PIONEERING SKINCARE BRAND FOR MELANIN-RICH SKIN

Strategic acquisition expands MOHBILITY’s portfolio in the high-growth beauty sector, combining SKËN’s innovative formulations with MOHBILITY’s global distribution network

Houston, TX – July 1, 2025 – MOHBILITY, Inc., a leader in Merger & Acquisitions innovation, today announced the successful acquisition of SKËN Essentials, a Houston-based skincare brand renowned for its science-backed products tailored to melanin-rich skin. The transaction closed on June 30, 2025, marking a significant milestone in MOHBILITY’s commitment to inclusive beauty solutions.

Transaction Highlights

Structured Acquisition: Performance-based earnout model aligns payments with SKËN’s growth under MOHBILITY’s ownership.
Leadership Continuity: SKËN’s founder and CEO, Corine Short, transitions to Senior Brand Advisor, ensuring seamless integration and brand stewardship.
Immediate Synergies: SKËN’s products will leverage MOHBILITY’s R&D capabilities and international distribution channels.

Mohammed K. Bility, Founder and CEO of MOHBILITY, stated:
“SKËN Essentials has built a loyal community by addressing unmet needs in skincare. This acquisition accelerates our mission to democratize high-quality, culturally conscious beauty products. With Corine’s expertise and our scalable infrastructure, we’re poised to take SKËN global.”

Corine Short, founder of SKËN Essentials, added:
“Joining MOHBILITY allows us to amplify our impact while staying true to our mission. Together, we’ll innovate faster and reach more customers who deserve skin health solutions crafted for them.”

About SKËN Essentials

Founded in 2020, SKËN Essentials is a dermatologist-developed skincare brand specializing in clean, clinically effective products for melanin-rich skin.

About MOHBILITY, Inc.

MOHBILITY is a Texas-based portfolio management consulting and technology innovators with a portfolio of brands that prioritize science, inclusivity, and sustainability.