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.

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.