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ELEKTROS Highlights Potential Strategic Transaction Involving U.S. Multi-Port EV Charging Patent

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Elektros (OTC PINK: ELEK) announced it is actively evaluating a potential strategic transaction involving its U.S. Patent No. 12,522,100 B1, covering a multi-port charging assembly for electric vehicles. The company is in confidential discussions with a prospective buyer in the EV charging industry regarding a possible acquisition of the patent and related rights.

According to Elektros, the interest from this buyer highlights the perceived strategic value of its EV charging technology. The process remains exploratory, subject to due diligence and negotiation, with no binding commitment, and no certainty on timing, valuation, final terms, or completion. Elektros plans to update the market on any material developments.

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Positive

  • Active evaluation of potential patent transaction with EV-charging industry buyer
  • Expressions of interest suggest perceived strategic value of U.S. Patent No. 12,522,100 B1

Negative

  • Discussions are exploratory with no binding commitment in place
  • No clarity yet on timing, valuation, final terms, or completion of any deal

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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

FAQ

What strategic transaction is Elektros (OTC PINK: ELEK) considering for its EV charging patent?

Elektros is evaluating a potential strategic transaction involving U.S. Patent No. 12,522,100 B1. According to Elektros, discussions with a prospective buyer in the electric-vehicle charging industry focus on a possible acquisition of the patent and associated rights, but remain exploratory and non-binding.

Who is interested in acquiring Elektros (ELEK) U.S. Patent No. 12,522,100 B1?

A prospective buyer operating in the electric-vehicle charging industry has expressed interest in the patent. According to Elektros, the parties are engaged in confidential discussions, exchanging information and considering possible terms, with the process subject to due diligence and negotiation.

Is the potential patent sale by Elektros (ELEK) already a binding deal?

No, there is currently no binding commitment for a patent sale. According to Elektros, the discussions are exploratory, subject to due diligence and negotiation, and there is no certainty regarding timing, valuation, final terms, or whether any transaction will be completed.

How could the potential EV charging patent transaction affect Elektros (ELEK) shareholders?

Any impact is currently uncertain because no transaction has been agreed. According to Elektros, management aims to pursue a result that recognizes the technology’s value and supports the company’s broader strategy and shareholders, but negotiations are ongoing and non-binding.

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

The patent covers a multi-port charging assembly for electric vehicles. According to Elektros, the patent is central to its EV charging technology and has drawn substantive interest, which the company views as support for the strategic relevance of its intellectual property.

Where can investors view Elektros (ELEK) multi-port EV charging patent details?

Investors can view U.S. Patent No. 12,522,100 B1 on the U.S. Patent and Trademark Office website. According to Elektros, this patent describes its multi-port charging assembly for electric vehicles, which is the subject of current exploratory transaction discussions.