Energous Plans $2.0M Offer Under Nasdaq Rules

Energous Corporation, a leading provider of RF-based wireless power network solutions, has just made an exciting announcement. The company has entered into a definitive securities purchase agreement with a certain institutional investor. This agreement involves the purchase and sale of 1,020,409 shares of Energous’ common stock (or common stock equivalents) and warrants to purchase up to 1,020,409 shares of common stock at an offering price of…

This news comes as a significant development for Energous, demonstrating the company’s continued growth and momentum in the wireless power industry. By securing this agreement with an institutional investor, Energous has taken a proactive step in its financial strategy, positioning itself for future success and expansion.

Energous’ dedication to advancing RF-based wireless power network solutions has established the company as a key player in the industry. With this latest agreement, Energous is poised to further strengthen its position and drive innovation in the field of wireless power technologies.

The purchase and sale of shares and warrants outlined in the agreement reflect the confidence that the institutional investor has in Energous and its potential for growth. This investment provides Energous with additional resources to support its continued research and development, as well as the commercialization of its wireless power solutions.

In addition to the financial implications of this agreement, it also signals a vote of confidence from the larger investment community in Energous’ vision and strategic direction. This vote of confidence is a testament to the company’s leadership and the value it brings to the wireless power market.

Energous’ commitment to delivering cutting-edge wireless power solutions has consistently set it apart in the industry. This latest agreement further solidifies Energous’ position as a leader in RF-based wireless power network solutions. With an increased financial foundation, Energous is well-positioned to continue driving innovation and shaping the future of wireless power technology.

As Energous moves forward with the implementation of this securities purchase agreement, the company remains dedicated to delivering superior wireless power solutions that meet the growing demands of the market. Energous’ ongoing success and growth are a testament to its unwavering commitment to excellence and innovation in the field of wireless power.

The conclusion of this definitive securities purchase agreement marks a significant milestone for Energous and sets the stage for a new chapter of growth and advancement. Energous is well-equipped to capitalize on this momentum and continue its trajectory of success in the wireless power industry. With a strong foundation and unwavering dedication to innovation, Energous is poised to shape the future of wireless power technology for years to come.

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