MBAK Energy Solutions, Inc. begins trading under new OTC Ticker - OTC:MBAK

Rhea-AI Summary

MBAK Energy Solutions (OTC:MBAK) completed the regulatory process to change its OTC ticker from ALYI to MBAK, effective November 28, 2025, and now trades as OTC:MBAK. The company develops, manufactures, and commercializes non‑fossil fuel energy products, including lithium, sodium, and solid‑state batteries for industrial, medical, portable electronics, and EV applications. The company lists offices in Seoul, Shenzhen, and Wilmington, NC. Contact information includes info@mbakcorp.com and www.mbakcorp.com. The release includes a safe harbor noting forward‑looking statements and associated risks.

Key Figures

Ticker change effective date November 28, 2025 Date OTC ticker changed from ALYI to MBAK

Market Reality Check

$0.0028 Last Close

Volume Volume 1,807,455 is 0.47x the 20-day average of 3,855,300, indicating lighter-than-usual trading ahead of this ticker change. low

Technical Price at $0.0025 is reported as trading below the 200-day moving average.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 10	Order deliveries	Positive	+0.0%	Began deliveries against <b>$65,000,000</b> of 2026 production orders.
Dec 03	2026 guidance	Positive	+4.0%	Announced <b>$65,000,000</b> firm 2026 production orders and expanded grid contract.
Dec 01	Ticker change	Neutral	-6.5%	Completed regulatory process to change ticker from ALYI to MBAK.

Pattern Detected

Recent positive operational updates have not consistently resulted in positive price reactions, with two of three events showing divergence.

Recent Company History

This announcement formalizes MBAK Energy Solutions’ ticker change from ALYI to MBAK, effective November 28, 2025, aligning with its focus on non‑fossil fuel energy products and advanced battery technologies. In the following days, the company highlighted $65,000,000 in firm 2026 production orders and later reported that deliveries against those 2026 orders had begun, including a substantial BESS contract for the Indian power grid and battery cells for data centers. Despite these operational milestones, price reactions have been mixed, with one aligned gain and two instances of flat or negative moves.

Market Pulse Summary

This announcement confirms completion of regulatory steps to change the company’s OTC ticker from ALYI to MBAK, effective November 28, 2025, aligning branding with its focus on non‑fossil fuel energy and advanced battery products. In the surrounding period, MBAK also highlighted substantial 2026 production orders and initial deliveries. Investors following this story may watch subsequent operational updates, contract performance, and additional disclosures to gauge how the new identity translates into sustained business momentum.

Key Terms

otc financial

"change the company’s ticker symbol from ALYI to MBAK on the OTCID market."

OTC stands for "over-the-counter" and describes securities that trade directly between dealers or via dealer networks rather than on a formal stock exchange. It matters to investors because OTC listings typically have fewer reporting rules and lower trading volume, which can mean higher price swings, limited liquidity, and greater difficulty buying or selling shares—similar to shopping at a small flea market instead of a large, regulated supermarket.

safe harbor regulatory

"Disclaimer/Safe Harbor: Disclaimer/Safe Harbor:"

Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.

AI-generated analysis. Not financial advice.

SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 01, 2025 (GLOBE NEWSWIRE) --

MBAK Energy Solutions, Inc. (OTC:MBAK) (f/k/a Alternet Systems, Inc.) completed all regulatory processes to change the company’s ticker symbol from ALYI to MBAK on the OTCID market. This change became effective on 28 November 2025 where the company is now listed as OTC:MBAK.

MBAK Energy Solutions, Inc. is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. The company has expertise in the design and production of lithium, sodium, and solid state batteries for industrial, medical, portable electronics, and EV applications.

Contact: info@mbakcorp.com

Website: www.mbakcorp.com

Disclaimer/Safe Harbor: Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

FAQ

When did MBAK Energy Solutions change its OTC ticker to MBAK?

The ticker change became effective on November 28, 2025 and the company now trades as OTC:MBAK.

What was MBAK Energy Solutions' previous ticker symbol before MBAK?

The company previously traded under the ticker ALYI before changing to MBAK.

What products does MBAK Energy Solutions (OTC:MBAK) develop and sell?

MBAK develops and manufactures lithium, sodium, and solid‑state batteries for industrial, medical, portable electronics, and EV applications.

How can investors trade MBAK after the ticker change?

Investors can trade the company on the OTC market under the symbol MBAK through brokers that support OTC securities.

Where are MBAK Energy Solutions' listed locations and how can I contact the company?

The company lists offices in Seoul, Shenzhen, and Wilmington, NC; contact is info@mbakcorp.com and the website is www.mbakcorp.com.