ELEKTROS Announces Discussions Regarding Potential Patent Acquisition Transaction

Rhea-AI Summary

Elektros (OTC PINK: ELEK) announced it is in preliminary discussions with a potential strategic buyer about a possible acquisition of its U.S. Patent No. 12,522,100 B1, titled “Multi-Port Charging Assembly for Electric Vehicles,” including associated rights.

The unnamed prospective buyer operates in the electric vehicle charging industry and has expressed interest in the technology. According to Elektros, no definitive agreement has been signed and there is no assurance a transaction will occur. CEO Shlomo Bleier said management is encouraged by the interest and will update shareholders if material developments arise.

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Publicly Traded • ELEKTROS Inc. • Ticker Symbol: ELEK

WEST PALM BEACH, FL / ACCESS Newswire / July 29, 2026 / ELEKTROS Inc. (OTC PINK:ELEK) today announced that it is engaged in preliminary discussions with a potential strategic buyer regarding a possible acquisition of the Company's U.S. Patent No. 12,522,100 B1, titled "Multi-Port Charging Assembly for Electric Vehicles," including the associated rights to the patent.

The potential buyer, whose identity is not being disclosed at this time due to the confidential nature of the discussions, operates within the electric vehicle charging industry and has expressed interest in the patented technology. The parties are exploring the possibility of a transaction; however, no definitive agreement has been executed, and there can be no assurance that any transaction will be completed.

"Our management team is encouraged by the level of interest being shown in our patented technology," said Shlomo Bleier, Chief Executive Officer of ELEKTROS Inc. "While discussions remain ongoing, we believe it is appropriate to inform our shareholders that meaningful dialogue is taking place with a serious prospective buyer. We will provide additional updates if and when material developments occur."

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable securities laws. These statements involve risks and uncertainties, including whether negotiations continue, whether definitive agreements are reached, regulatory considerations, and other factors that may cause actual results to differ materially from those expressed or implied. ELEKTROS undertakes no obligation to update forward-looking statements 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

FAQ

What did Elektros (ELEK) announce on July 29, 2026 about its EV charging patent?

Elektros announced preliminary discussions with a potential strategic buyer to possibly sell its U.S. Patent No. 12,522,100 B1. According to Elektros, talks concern the “Multi-Port Charging Assembly for Electric Vehicles” patent and related rights, but no binding agreement or completed transaction currently exists.

Is there a definitive agreement for Elektros (ELEK) to sell U.S. Patent No. 12,522,100 B1?

No, Elektros has not signed a definitive agreement to sell U.S. Patent No. 12,522,100 B1. According to Elektros, discussions with a potential buyer are preliminary, exploratory in nature, and there can be no assurance that any patent acquisition transaction will ultimately be completed.

Who is the potential buyer for Elektros (ELEK) patent 12,522,100 B1 and what industry are they in?

Elektros has not publicly disclosed the identity of the potential buyer for patent 12,522,100 B1. According to Elektros, the unnamed party operates within the electric vehicle charging industry and has expressed interest in the company’s patented multi-port charging assembly technology.

What technology is covered by Elektros (ELEK) U.S. Patent No. 12,522,100 B1 mentioned in the 2026 announcement?

U.S. Patent No. 12,522,100 B1 covers a “Multi-Port Charging Assembly for Electric Vehicles,” according to Elektros. The company stated that current discussions with a strategic buyer involve a possible acquisition of this patent and its associated rights, subject to any eventual agreement.

What does the potential patent sale mean for Elektros (ELEK) shareholders at this stage?

For shareholders, the potential patent sale currently signals only preliminary interest from a buyer. According to Elektros, discussions are ongoing, confidential, and non-binding, and the company has cautioned there is no assurance that any patent acquisition transaction will be finalized.