NOMAD POWER SOLUTIONS ANNOUNCES ADJOURNMENT OF SPECIAL MEETING OF STOCKHOLDERS

NOMAD Power Solutions (NMAD) adjourned its Special Meeting of Stockholders, originally held on September 4, 2026 at 1:00 PM Eastern Time, and will reconvene it on October 2, 2026 at the same time.

Rhea-AI Summary

NOMAD Power Solutions (NMAD) adjourned its Special Meeting of Stockholders, originally held on September 4, 2026 at 1:00 PM Eastern Time, and will reconvene it on October 2, 2026 at the same time.

The company cites the need for additional time to complete and finalize its Nasdaq listing application. No changes have been made to the proposals to be voted on, and the Board of Directors continues to recommend that stockholders vote “FOR” all proposals. Previously submitted proxies remain valid unless changed by the stockholder. The reconvened meeting will be held virtually at www.virtualshareholdermeeting.com/NMAD2026SM.

News Explained

The September 4, 2026 meeting ended without conducting business, so the shareholder proposals were not disposed of and remain pending for the October 2, 2026 reconvened meeting; a DEF 14A presents matters for shareholders to vote on, while the vote disposes of them.

Market Context

The July 29 deployment announcement was followed by a 9.26% decline, while August 19 certification p...

Analysis

The July 29 deployment announcement was followed by a 9.26% decline, while August 19 certification produced a 2.13% gain. Those mixed precedents add context to this procedural update; timing and Nasdaq application progress remain key factors to watch.

Key Figures

Original meeting date and time: September 4, 2026 at 1:00 PM ET Reconvened meeting date and time: October 2, 2026 at 1:00 PM ET

2 metrics

Original meeting date and time September 4, 2026 at 1:00 PM ET Originally convened Special Meeting

Reconvened meeting date and time October 2, 2026 at 1:00 PM ET Adjourned Special Meeting

Historical Context

5 past events · Latest: Aug 26 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Aug 26	DOE project authorization	Positive	-0.5%	DOE authorized advancement into Phase 3 of a Vermont storage project.
Aug 19	UL certification	Positive	+2.1%	Traveler battery system achieved UL 9540 certification and entered commercial deployment.
Aug 14	Q2 2026 filing	Negative	+0.0%	Filing reported no revenue, increased losses, and going-concern uncertainty.
Jul 31	Options trading	Positive	+7.4%	NMAD options trading began on the Cboe Options Exchange.
Jul 29	Battery deployment	Positive	-9.3%	DSO placed two customer-owned mobile battery systems into seasonal operation.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Reactions diverged from headline direction in 3 of 5 selected events, including positive operational announcements followed by declines.

Key Terms

nasdaq listing application, proxy statement, bess

3 terms

nasdaq listing application regulatory

"time to complete and finalize its Nasdaq listing application"

An Nasdaq listing application is the formal request a company files with the Nasdaq stock exchange seeking permission to have its shares listed and traded on that market. It matters to investors because the application starts a review of the company’s financials, governance and disclosures against Nasdaq’s listing standards; approval makes the stock available to public trading and subjects the company to ongoing reporting and listing rules, which affects liquidity and transparency much like getting a stall in a regulated marketplace.

proxy statement regulatory

"The Company's proxy statement and any other materials filed by the Company"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

View in glossary

bess technical

"The company's mobile battery energy storage system (BESS) platforms"

BESS stands for Battery Energy Storage System, a technology that stores electricity for later use. Think of it as a large rechargeable battery that can hold excess power generated during times of low demand and release it when usage is high, helping balance supply and demand. This is important for investors because it supports the stability of energy grids, enables the integration of renewable sources, and can create new opportunities for profitability in the energy market.

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

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BOCA RATON, Fla., Sept. 04, 2026 (GLOBE NEWSWIRE) -- NOMAD Power Solutions, Inc. ("NOMAD" or the "Company") (Nasdaq: NMAD) (formerly LIXTE Biotechnology Holdings), a provider of transportable, utility-grade battery energy storage systems through its wholly owned subsidiary NOMAD Transportable Power Systems, today announced that the Company’s Special Meeting of Stockholders (the “Special Meeting”), originally convened at 1:00 PM Eastern Time on September 4, 2026, was adjourned without conducting any business and will reconvene on October 2, 2026 at 1:00 PM Eastern Time, in order to provide the Company additional time to complete and finalize its Nasdaq listing application.

No changes have been made to the proposals to be voted on at the Special Meeting. The Board of Directors continues to recommend that stockholders vote “FOR” the proposals. Stockholders who have already submitted their proxies and do not wish to change their votes need not take any further action. The reconvened Special Meeting will be held virtually at www.virtualshareholdermeeting.com/NMAD2026SM.

The Company's proxy statement and any other materials filed by the Company with the SEC can be obtained free of charge at the SEC's website at www.sec.gov.

About NOMAD Power Solutions, Inc.

NOMAD Power Solutions, Inc., through its wholly owned subsidiary NOMAD Transportable Power Systems, provides transportable, utility-grade battery energy storage systems. The company's mobile battery energy storage system (BESS) platforms deliver rapidly deployable, scalable energy solutions for electric utilities, data centers, commercial and industrial customers, emergency response, renewable energy integration, and grid modernization. By mobilizing energy storage, NOMAD enables customers to deploy power where and when it is needed without waiting for permanent infrastructure.

For more information, please visit https://ir.nomadpower.com/.

# # #

Investor and Media Contact:

PondelWilkinson pwinvestor@pondel.com

Todd Kehrli: (310) 279-5961; tkehrli@pondel.com
Michael Wichman: (917) 526-0855; mwichman@pondel.com

FAQ

What did NOMAD Power Solutions (NMAD) announce about its September 2026 special meeting?

NOMAD Power Solutions announced that its Special Meeting of Stockholders, convened on September 4, 2026, was adjourned without conducting any business and will reconvene on October 2, 2026 at 1:00 PM Eastern Time.

When will the adjourned NOMAD Power Solutions (NMAD) special meeting reconvene?

The adjourned Special Meeting of NOMAD Power Solutions will reconvene on October 2, 2026 at 1:00 PM Eastern Time. It will be held virtually at www.virtualshareholdermeeting.com/NMAD2026SM.

Why was the NOMAD Power Solutions (NMAD) special meeting on September 4, 2026 adjourned?

The Special Meeting was adjourned to provide NOMAD Power Solutions additional time to complete and finalize its Nasdaq listing application, as stated by the company.

Have the proposals for the NOMAD Power Solutions (NMAD) special meeting changed after the adjournment?

No. NOMAD Power Solutions states that no changes have been made to the proposals to be voted on at the Special Meeting, and the Board of Directors continues to recommend that stockholders vote “FOR” all proposals.

Do NOMAD Power Solutions (NMAD) stockholders need to resubmit their proxies after the special meeting was adjourned?

Stockholders who have already submitted their proxies and do not wish to change their votes do not need to take any further action. Their existing proxies will remain valid for the reconvened Special Meeting.

How can investors attend the reconvened NOMAD Power Solutions (NMAD) special meeting online?

The reconvened Special Meeting of NOMAD Power Solutions will be held virtually at www.virtualshareholdermeeting.com/NMAD2026SM on October 2, 2026 at 1:00 PM Eastern Time.

Where can shareholders find NOMAD Power Solutions (NMAD) proxy materials for the special meeting?

The company’s proxy statement and other materials filed with the SEC are available free of charge on the SEC’s website at www.sec.gov, as stated by NOMAD Power Solutions.