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Energy Plug Technologies Corp. Changes Name to Aegis Critical Energy Defence Corp. and Commences Trading on the Canadian Securities Exchange Under New Ticker Symbol "QESS" Effective November 17, 2025 - Over $2.2 million received from Exercised Warrants
Newsfile· 2025-11-14 13:00
Company Name Change and Trading Update - Energy Plug Technologies Corp. will change its name to Aegis Critical Energy Defence Corp. and commence trading under the new ticker symbol "QESS" on November 17, 2025 [1] - The name change was approved by the company's board of directors on November 7, 2025 [1] Shareholder Information - New CUSIP (00783T109) and ISIN (CA00783T1093) numbers have been assigned to the common shares, and no action is required from shareholders regarding the name change [2] - Outstanding common share and warrant certificates with the old name remain valid and unaffected by the name change [2] Financial Performance and Investor Confidence - Over $2.2 million in outstanding warrants has been exercised in the past 30 days, indicating strong trading activity and sustained share price appreciation [3] - The company's common shares have reached four new 52-week highs recently, reflecting growing investor confidence in its market presence and strategic partnerships [3] CEO's Statement and Future Plans - The CEO expressed gratitude for investor support and highlighted the company's focus on innovation, execution, and partnerships [4] - Proceeds from warrant exercises will strengthen the company's balance sheet, enabling acceleration in product commercialization, manufacturing capacity expansion, and certification programs for North American and international markets [4] Product Development Focus - The company is focused on developing advanced battery energy storage systems (BESS) for industrial, utility, and defense applications, integrating robust engineering and cybersecurity [5] - A pipeline of over 15 developments is in various stages, providing diversified growth opportunities across energy storage, defense applications, marine, and critical infrastructure [5] Rebranding and Market Positioning - The rebranding to Aegis aligns with the company's advanced technology stack and commercial identity, positioning it for accelerated expansion in high-demand markets [6] - A new website will be launched in conjunction with the name change [6]