ELEKTROS Reports Growing Strategic Interest in Its Patented EV Charging Technology
Rhea-AI Summary
ELEKTROS (OTC PINK: ELEK) reported that confidential discussions are ongoing with a serious prospective buyer regarding a potential acquisition or other transaction involving its U.S. Patent No. 12,522,100 B1, “Multi-Port Charging Assembly for Electric Vehicles,” and related rights. The interested party operates in the EV charging sector and is assessing the patented technology’s strategic value. ELEKTROS is evaluating possible scope, structure and commercial terms, but no binding agreement has been reached and there is no assurance that any sale, license or similar deal will occur. Management emphasized the patent’s role in the company’s technology portfolio and plans to provide further updates only when disclosure is considered appropriate and material.
Positive
- Active discussions with serious EV-sector buyer about key patent
- Industry interest signaled in U.S. Patent No. 12,522,100 B1 and related rights
- Management stresses disciplined, shareholder-focused approach to evaluating transaction terms
Negative
- No binding agreement in place; outcome of discussions remains uncertain
- No assurance of sale, license or other deal despite ongoing evaluations
AI-generated analysis. How Rhea-AI works. Not financial advice.
WEST PALM BEACH, FL / ACCESS Newswire / July 30, 2026 / ELEKTROS Inc. (OTC PINK:ELEK) announced today that confidential discussions are continuing with a serious prospective buyer concerning a potential acquisition of the Company's U.S. Patent No. 12,522,100 B1, "Multi-Port Charging Assembly for Electric Vehicles," and the related patent rights.
The interested party is active in the electric-vehicle charging sector and has been evaluating the strategic potential of the patented technology. ELEKTROS views the discussions as an important indication of industry interest in intellectual property designed to address the evolving requirements of electric mobility and next-generation charging systems.
Management is currently exploring the potential scope, structure and commercial terms of a possible transaction. At this stage, the parties have not entered into a binding agreement, and the discussions may be modified, extended or discontinued. Accordingly, no assurance can be provided that a sale, license or other transaction will ultimately occur.
"Our patent represents an important component of ELEKTROS' technology portfolio," said Shlomo Bleier, Chief Executive Officer. "We are pleased that a participant from within the EV charging industry has recognized the potential significance of this intellectual property. We will continue the discussions with discipline, confidentiality and a commitment to protecting the best interests of ELEKTROS and its shareholders."
The Company expects to issue further updates only when disclosure is appropriate and material.
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