As filed with the Securities and Exchange Commission on March 3, 2026. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ENERGYS GROUP LIMITED (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Cayman Islands Not Applicable (I.R.S. Employer Identification Number) Franklyn House, Daux Road Billingshurst, West Sussex RH149SJ United Kingdo ...

Core Viewpoint - The acquisition of Royston Group by LSI Industries is described as "transformational," positioning LSI as a scaled platform in branded retail solutions and enhancing its integrated offerings for retail companies across North America [1][4]. Acquisition Details - LSI has entered into a definitive agreement to acquire Royston Group for $325 million, with $320 million in cash and $5 million in stock, expected to close in Q3 fiscal 2026 [7][12]. - The deal is backed by a committed bridge facility, with permanent financing to follow [15]. Market Alignment - Royston's end markets align with LSI's existing footprint, including refueling, convenience stores, grocery, and quick-service restaurants, with Royston being a partner to three of the top five C-store and grocery store chains [2][4]. Operational Benefits - The acquisition adds five U.S. manufacturing sites, increasing LSI's manufacturing capacity by nearly 40% and adding approximately 900 employees [5][8]. - Royston is described as a vertically integrated provider, offering a build-to-order solution that encompasses design, engineering, fabrication, assembly, distribution, and installation [3][8]. Financial Metrics - The combined pro forma revenue for the twelve months ending September 2025 is projected to be approximately $864 million, with an Adjusted EBITDA of around $95 million [6][7]. - Royston generated an Adjusted EBITDA margin of 14% in calendar year 2025, while the combined businesses are expected to achieve an Adjusted EBITDA margin of 11% [10][14]. Cross-Selling Opportunities - Approximately 47% of Royston's customers currently purchase a single product, indicating significant potential for cross-selling across LSI's portfolio [9]. Long-Term Financial Targets - The acquisition is expected to be accretive to LSI's margin rate and diluted earnings per share upon closing, with management planning to update long-term financial targets post-transaction [15][16].

Summary of U.S. Energy Conference Call Company Overview - **Company**: U.S. Energy - **Industry**: Energy, specifically focusing on helium, CO2, and oil production - **Market Cap**: Approximately $40 million [2] Key Points and Arguments Asset Base and Development - U.S. Energy has a significant asset base in Montana, with a potential production life exceeding 50 years, possibly extending to 150 years due to the resource size [2] - The company controls 1.3 billion cubic feet of helium and 440 billion cubic feet of CO2, along with a large proven oil basin, all fully owned and operated [3] - Initial development project (Phase One) is valued at $92 million with a 45Q tax credit over the first 12 years [3] Revenue Generation - Expected to produce 125,000 metric tons of utilized and sequestered CO2 annually, monetized at $85 per ton, leading to low 8-figure annual revenue [4] - Projected EBITDA run rate of $15 million per year, with a positive economic profile as the project develops [5] - The company has 170+ permitted Class II injection wells, facilitating helium production of about 12 million cubic feet per year [6] Market Position and Competitive Advantages - U.S. Energy is positioned as a first mover in a large emerging market, with significant growth potential projected in the carbon management sector [9] - The company benefits from low decline production rates and a diversified revenue stream from helium, CO2, and oil, which lowers operating costs [8] - The helium market is critical for aerospace, chip manufacturing, and medical devices, indicating strong demand [10] Infrastructure and Permitting - The company has a well-established infrastructure with major rail lines and interstate access, enhancing market access for its products [14][22] - Over 90% of necessary permits for the Big Sky Carbon Hub are completed, with approvals expected by summer 2026 [15][16] Financial Valuation - Currently trading at approximately 2.5x enterprise value to 2027 estimated EBITDA, significantly below the market valuation of similar projects, which range from 7-12 times [6][7] - The company anticipates a substantial increase in profitability as it moves towards monetization, with a projected EBITDA growth to the low 20s millions [20][21] Future Catalysts - Near-term catalysts include executing long-term helium offtake agreements, initiating plant construction, and completing infrastructure projects [25] - The company is exploring M&A opportunities for synergistic partnerships to enhance growth [28] Additional Important Information - The company has invested $22 million of its own capital into the project, indicating strong commitment and confidence in its success [5] - The helium production process is capital-intensive but has low operating costs, with revenues expected to grow modestly as production scales [30][32] - U.S. Energy's unique asset and operational structure provide a significant competitive moat in the industry [12] This summary encapsulates the critical aspects of U.S. Energy's conference call, highlighting its strategic positioning, financial outlook, and growth potential in the energy sector.

Summary of Orion Energy Systems Conference Call Company Overview - **Company Name**: Orion Energy Systems (NasdaqCM: OESX) - **Market Cap**: Approximately $32 to $34 million [2] - **Trailing 12-Month Sales**: $79 million [3] - **Price-to-Sales Ratio**: 0.34, indicating potential for growth compared to industry peers [3] Business Segments - **Segments**: - LED Lighting Systems - Commercial and Industrial EV Charging Systems - Lighting and Electrical Maintenance [2] - **Revenue Streams**: - Diversified across three segments with recurring revenues in maintenance [3] - Project-based revenues in other segments [3] Financial Performance and Strategy - **Cost Optimization**: - Reduced costs by $6.5 million to lower break-even point to approximately $80 million [3] - **Customer Base**: - Long-term relationships with blue-chip industrial customers [3] - Recent renewal of a three-year contract with the largest customer in maintenance [6][9] Product and Service Offerings - **Lighting Solutions**: - Over 25,000 projects completed since inception in 1996 [4] - Customizable solutions for various customer needs [4] - Advanced control options for energy efficiency [5] - **EV Charging Solutions**: - Acquisition of Voltrek, which grew from $7.5 million to $17 million in revenue over three years [10] - Turnkey project management capabilities for EV installations [11] Market Insights - **LED Market Penetration**: - Current penetration in industrial and commercial sectors is approximately 40% [14] - Ongoing demand for upgrading from Gen 1 LEDs to newer models, with expected energy savings of 30-40% [15] - **Growth Opportunities**: - Each segment is expected to grow, with maintenance projected to grow slower than others [16] - Infrastructure needs for EV charging remain significant despite slower initial growth [16] M&A and Growth Strategy - **M&A Outlook**: - No active M&A plans currently, but open to opportunities in adjacent lighting or EV markets [17][18] - **Organic Growth**: - Focus on organic growth strategies that require less significant investment [18] Conclusion - Orion Energy Systems presents a compelling investment opportunity with a diversified revenue model, strong customer relationships, and a focus on sustainability through innovative technology in lighting and EV charging solutions. The company is well-positioned to capitalize on market trends and infrastructure needs in the energy sector.