ELEKTROS Announces Ongoing Patent Acquisition Discussions With Industry Participant

Rhea-AI Summary

Elektros (OTC: ELEK) reported that it is engaged in preliminary discussions with an undisclosed industry participant regarding a possible acquisition of the company’s U.S. Patent No. 12,522,100 B1, titled “Multi-Port Charging Assembly for Electric Vehicles.” The talks cover a potential sale of the patent and related intellectual property rights.

According to Elektros, the discussions are at an early stage and there is no certainty that they will lead to a definitive agreement. Management noted its encouragement about the interest shown and stated that shareholders will be updated as significant developments occur.

Positive

• Preliminary talks to sell key EV charging patent U.S. Patent No. 12,522,100 B1
• Potential transaction includes related intellectual property rights, not just the core patent

Negative

• No assurance of a deal discussions are preliminary with no certainty of a definitive agreement
• Counterparty undisclosed potential buyer and any financial terms have not been revealed

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Publicly Traded • ELEKTROS Inc. • Ticker Symbol: ELEK

WEST PALM BEACH, FL / ACCESS Newswire / July 29, 2026 / ELEKTROS Inc. announced that it is holding preliminary discussions with an undisclosed company concerning a possible acquisition of the Company's U.S. Patent No. 12,522,100 B1, "Multi-Port Charging Assembly for Electric Vehicles."

The discussions involve a potential sale of the patent and related intellectual property rights. While management is encouraged by the level of interest, the discussions remain preliminary and there is no certainty that a definitive agreement will result.

The Company remains committed to updating shareholders as appropriate regarding significant developments.

Forward-Looking Statements: Statements in this release are forward-looking and subject to numerous risks and uncertainties.

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 an undisclosed company about a possible acquisition of its U.S. Patent No. 12,522,100 B1. According to Elektros, the talks involve a potential sale of the patent and related intellectual property rights, but outcomes remain uncertain at this stage.

Which patent is Elektros (ELEK) considering selling and what does it cover?

Elektros is discussing a possible sale of U.S. Patent No. 12,522,100 B1, titled “Multi-Port Charging Assembly for Electric Vehicles.” According to Elektros, the discussions also involve related intellectual property rights connected to this multi-port EV charging technology asset.

Is the Elektros (ELEK) patent acquisition deal finalized yet?

No, the patent acquisition is not finalized. Elektros described the discussions as preliminary and emphasized there is no certainty a definitive agreement will result. According to Elektros, shareholders will be informed of any significant future developments in these negotiations.

Who is the potential buyer in the Elektros (ELEK) patent acquisition discussions?

The potential buyer has not been identified publicly. Elektros stated it is in discussions with an undisclosed company about purchasing U.S. Patent No. 12,522,100 B1 and related rights, so investors currently do not know the counterparty’s name or profile.

What could the possible patent sale mean for Elektros (ELEK) shareholders?

The announcement signals that Elektros is exploring a transaction involving a key EV charging patent. According to Elektros, talks are preliminary with no guaranteed outcome, so any specific financial or strategic impact for shareholders has not been disclosed.