ELEKTROS Highlights Potential Strategic Transaction Involving U.S. Multi-Port EV Charging Patent
Publicly Traded • ELEKTROS Inc. • OTC PINK: ELEK
WEST PALM BEACH, FL / ACCESS Newswire / July 30, 2026 / ELEKTROS Inc. (OTC PINK:ELEK) announced today that it is actively evaluating a potential strategic transaction involving its U.S. Patent No. 12,522,100 B1, "Multi-Port Charging Assembly for Electric Vehicles." The evaluation follows expressions of interest and ongoing confidential discussions with a potential buyer operating in the electric-vehicle charging industry.
The discussions center on a possible acquisition of the patent and the rights connected to the protected technology. Management believes the prospective buyer's interest reinforces the potential strategic value of ELEKTROS' innovation and demonstrates that the Company's intellectual property is receiving attention from industry participants focused on the future of EV charging.
ELEKTROS and the prospective buyer continue to exchange information and consider possible transaction terms. The process remains exploratory, is subject to due diligence and negotiation, and has not resulted in any binding commitment. There is no certainty regarding timing, valuation, final terms or completion.
"We are pleased to report that our patented EV charging technology has generated substantive interest," said Shlomo Bleier, Chief Executive Officer. "We are approaching these discussions with optimism as well as appropriate caution. Our priority is to pursue a result that recognizes the value of the technology and supports the Company's broader strategy and its shareholders."
The Company will continue to assess the opportunity and will update the market upon any material, reportable development.
View the patent on the U.S. Patent and Trademark Office website: U.S. Patent No. 12,522,100 B1, "Multi-Port Charging Assembly for Electric Vehicles".
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements involve risks and uncertainties, including, among other matters, whether discussions continue, whether the parties reach definitive agreements, the timing and terms of any potential transaction, due diligence, regulatory considerations, market conditions and other factors that could cause actual results to differ materially from those expressed or implied. No assurance can be given that any transaction will be completed. ELEKTROS undertakes no obligation to update any forward-looking statement except as required by law.
Contact Information
ELEKTROS Inc.
Phone: 786-477-9003
Email: elektrosinc@gmail.com
Website: https://elektros.energy
SOURCE: Elektros, Inc.
View the original press release on ACCESS Newswire
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
The Top Funds for a Simpler Retirement Portfolio
