LUCENT, INC. ANNOUNCES STOCK TICKER CHANGE TO “LUCN”

Rhea-AI Summary

Lucent (Formerly OTC: TMEF) has announced a stock symbol change from 'TMEF' to 'LUCN' effective at market opening on March 19, 2025. The company states this change better aligns their market identity with their corporate brand and represents a milestone in their corporate evolution.

The symbol transition will occur on the OTC Markets with no action required from existing shareholders. The CUSIP number remains unchanged, and the total number of outstanding shares will not be affected by this change.

New Symbol Reflects Company's Commitment to Sustainable Innovation

Irvine, Ca, March 19, 2025 (GLOBE NEWSWIRE) -- Lucent, Inc. (“Lucent” or the “Company”) (Formerly OTC: TMEF) (OTC: LUCN) today announced announced that the stock symbol of the corporation will change to "LUCN" at market opening on March 19, 2025. The new symbol better reflects the Company's name and its forward-looking vision.

"The symbol change to LUCN represents another milestone in our corporate evolution," said Steven Arenal, President of Lucent, Inc. "This change aligns our market identity with our corporate brand, creating consistency for our shareholders and the investment community."

Beginning at market opening on March 19, 2025, the Company's common stock will trade under the new symbol "LUCN." The CUSIP number for the Company's common stock will remain unchanged.

No action is required by existing shareholders with respect to the symbol change. The Company's common stock will continue to be listed on the OTC Markets, and the total number of outstanding shares will not be affected.

Further information on Lucent can be found at www.lucentna.com.  

About Lucent Inc.:

Lucent’s design technologies harness the nano-material properties enhanced capabilities to provide nano-scale building blocks for creating energy storage solutions that far exceed conventional materials. Our use of nano-materials in hybrid architectures complemented by nano-structuring enhanced architecture allows for the design solutions for high-energy, high-power, and marathon lasting energy storage devices. World-Class solutions for BESS and Data Center energy storage.

 With offices in Irvine, CA, Taipei, Taiwan, and operations in Mexico, Lucent is committed to providing sustainable solutions and materials that support the sustainable energy sector.

Forward-Looking Statements Disclaimer

Certain information set forth in this press release contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this press release are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

 Investor Relations Contact:

Matthew Abenante, IRC
President
Strategic Investor Relations, LLC 
Tel: 347-947-2093
Email: matthew@strategic-ir.com

FAQ

When will Lucent's stock symbol change from TMEF to LUCN?

The stock symbol will change from TMEF to LUCN at market opening on March 19, 2025.

Do TMEF shareholders need to take any action for the ticker change to LUCN?

No action is required from existing shareholders regarding the symbol change from TMEF to LUCN.

Will the CUSIP number change when TMEF changes to LUCN?

No, the CUSIP number will remain unchanged during the ticker symbol transition.

Does the TMEF to LUCN symbol change affect the number of outstanding shares?

No, the total number of outstanding shares will not be affected by the symbol change.