Energy Plug Technologies Corp. Engages Atlas Strategic Advisors as Strategic Advisors
Energy Plug Technologies Corp. (PLGGF) has announced the engagement of Atlas Strategic Advisors as its strategic advisors. Cody Mallette, Managing Director of Atlas, who brings extensive experience in government relations and regulatory affairs, will lead the advisory role.
As part of the engagement, the company has granted 600,000 restricted share units (RSUs) to Mallette and Atlas, valid for 5 years. Additionally, the company has granted 1,100,000 RSUs to consultants and 1,500,000 stock options to officers and consultants, with 500,000 options exercisable at $0.18 per share and 1,000,000 at $0.165 per share.
The company also announced a warrant amendment extending the expiry date of 7,800,000 warrants from September 14, 2025, to September 14, 2026, maintaining the exercise price at $0.10. The amendment requires Canadian Securities Exchange approval.
Energy Plug Technologies Corp. (PLGGF) ha annunciato l'impegno di Atlas Strategic Advisors come suoi consulenti strategici. Cody Mallette, Direttore Generale di Atlas, che porta con sé una vasta esperienza nelle relazioni governative e negli affari normativi, guiderà il ruolo di consulenza.
Come parte dell'impegno, l'azienda ha concesso 600.000 unità di azioni riservate (RSU) a Mallette e ad Atlas, valide per 5 anni. Inoltre, l'azienda ha concesso 1.100.000 RSU a consulenti e 1.500.000 opzioni su azioni a dirigenti e consulenti, con 500.000 opzioni esercitabili a $0,18 per azione e 1.000.000 a $0,165 per azione.
L'azienda ha anche annunciato una modifica ai warrant che estende la data di scadenza di 7.800.000 warrant dal 14 settembre 2025 al 14 settembre 2026, mantenendo il prezzo di esercizio a $0,10. La modifica richiede l'approvazione della Borsa canadese.
Energy Plug Technologies Corp. (PLGGF) ha anunciado el compromiso de Atlas Strategic Advisors como sus asesores estratégicos. Cody Mallette, Director General de Atlas, quien aporta una amplia experiencia en relaciones gubernamentales y asuntos regulatorios, liderará el rol de asesoría.
Como parte del compromiso, la empresa ha otorgado 600,000 unidades de acciones restringidas (RSUs) a Mallette y a Atlas, válidas por 5 años. Además, la empresa ha otorgado 1,100,000 RSUs a consultores y 1,500,000 opciones sobre acciones a funcionarios y consultores, con 500,000 opciones que se pueden ejercer a $0.18 por acción y 1,000,000 a $0.165 por acción.
La empresa también anunció una enmienda a los warrants que extiende la fecha de vencimiento de 7,800,000 warrants del 14 de septiembre de 2025 al 14 de septiembre de 2026, manteniendo el precio de ejercicio en $0.10. La enmienda requiere la aprobación de la Bolsa de Valores de Canadá.
Energy Plug Technologies Corp. (PLGGF)는 Atlas Strategic Advisors를 전략 고문으로 임명했다고 발표했습니다. Atlas의 관리 이사인 Cody Mallette는 정부 관계 및 규제 업무에 대한 광범위한 경험을 바탕으로 자문 역할을 이끌 것입니다.
이번 임명의 일환으로, 회사는 Mallette와 Atlas에 600,000개의 제한 주식 단위(RSU)를 부여했으며, 유효 기간은 5년입니다. 또한, 회사는 컨설턴트에게 1,100,000 RSU를, 임원 및 컨설턴트에게 1,500,000개의 주식 옵션을 부여했으며, 이 중 500,000개 옵션은 주당 $0.18에 행사 가능하고, 1,000,000개는 주당 $0.165에 행사 가능합니다.
회사는 또한 7,800,000개의 워런트의 만료일을 2025년 9월 14일에서 2026년 9월 14일로 연장하는 워런트 수정안을 발표했으며, 행사 가격은 $0.10로 유지됩니다. 이 수정안은 캐나다 증권 거래소의 승인이 필요합니다.
Energy Plug Technologies Corp. (PLGGF) a annoncé l'engagement de Atlas Strategic Advisors en tant que conseillers stratégiques. Cody Mallette, directeur général d'Atlas, qui possède une vaste expérience dans les relations gouvernementales et les affaires réglementaires, dirigera le rôle de conseil.
Dans le cadre de cet engagement, la société a accordé 600 000 unités d'actions restreintes (RSU) à Mallette et à Atlas, valables pendant 5 ans. De plus, la société a accordé 1 100 000 RSU à des consultants et 1 500 000 options d'achat d'actions à des dirigeants et consultants, avec 500 000 options exerçables à 0,18 $ par action et 1 000 000 à 0,165 $ par action.
La société a également annoncé un amendement aux bons de souscription prolongeant la date d'expiration de 7 800 000 bons de souscription du 14 septembre 2025 au 14 septembre 2026, maintenant le prix d'exercice à 0,10 $. L'amendement nécessite l'approbation de la Bourse canadienne.
Energy Plug Technologies Corp. (PLGGF) hat die Engagement von Atlas Strategic Advisors als strategische Berater bekannt gegeben. Cody Mallette, Geschäftsführer von Atlas, der umfangreiche Erfahrung in den Bereichen Regierungsbeziehungen und regulatorische Angelegenheiten mitbringt, wird die Beratungsrolle leiten.
Im Rahmen des Engagements hat das Unternehmen 600.000 beschränkte Aktieneinheiten (RSUs) an Mallette und Atlas vergeben, die 5 Jahre gültig sind. Darüber hinaus hat das Unternehmen 1.100.000 RSUs an Berater und 1.500.000 Aktienoptionen an Führungskräfte und Berater vergeben, wobei 500.000 Optionen zu einem Preis von $0,18 pro Aktie und 1.000.000 zu einem Preis von $0,165 pro Aktie ausgeübt werden können.
Das Unternehmen gab außerdem eine Änderung der Warrants bekannt, die das Ablaufdatum von 7.800.000 Warrants vom 14. September 2025 auf den 14. September 2026 verlängert und den Ausübungspreis bei $0,10 hält. Die Änderung erfordert die Genehmigung der Canadian Securities Exchange.
- Strategic partnership with Atlas Strategic Advisors enhances government relations and regulatory capabilities
- Long-term alignment of interests through 5-year RSU vesting terms
- Extension of warrant expiry provides additional time for warrant holders to exercise
- Significant equity dilution through new RSU and stock option grants totaling 3,200,000 shares
- Additional potential dilution from 7,800,000 extended warrants
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2025) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) (the "Company") is pleased to announce that it has engaged Atlas Strategic Advisors Inc. ("Atlas"), a leading government relations and strategic advisory firm, as its strategic advisors.
Cody Mallette, Managing Director of Atlas, brings extensive experience in government relations, regulatory affairs, and strategic advisory, having held senior positions in the Office of the Premier of Ontario. In his role at Atlas, Mr. Mallette has advised some of Canada's largest corporate and institutional clients on navigating government policy, regulatory frameworks, and market access strategies. As Managing Director, Mr. Mallette helps lead a team specializing in strategic engagement with all levels of government to support business growth and the development of public policy.
Under the terms of the engagement, the Company has granted an aggregate 600,000 restricted share units (the "RSUs") to Cody Mallette and to Atlas directly. The RSUs are valid for a 5-year term and vest upon certain milestones which align with the long-term interests of the Company's growth objectives.
"We are excited to welcome Atlas Strategic Advisors and Cody Mallette as our strategic advisors," said Paul Dickson, CEO of the Company. "Their expertise in navigating government and regulatory landscapes will be invaluable as we advance our corporate initiatives and market positioning."
The engagement with Atlas reflects the Company's commitment to strengthening its strategic and regulatory positioning in key markets, supporting long-term shareholder value.
Equity Grants
The Company has further granted an additional aggregate amount of 1,100,000 RSUs to consultants of the Company and an aggregate 1,500,000 stock options of the Company (the "Stock Options") to certain officers and consultants of the Company. The RSUs are valid for a 5-year term and vest upon certain milestones which align with the Company's growth objectives. 500,000 Options are exercisable at a price of
Warrant Amendment
Further, the Company shall amend certain common share purchase warrants originally issued by way of acquisition of a
The Amendment consists of an aggregate 7,800,000 warrants issued on September 14, 2023, having an exercise price of
The Company will not be sending out new warrant certificates pursuant to the Amendment unless requested by the relevant holders. The Amendment remains subject to the approval of the Canadian Securities Exchange.
About Energy Plug Technologies Corp.
Energy Plug Technologies Corp. is a leader in secure and resilient energy storage solutions, advancing next-generation battery technologies for residential, commercial, and utility applications. The company is committed to enhancing grid stability, cybersecurity, and sustainable energy adoption, working in collaboration with leading technology firms, government agencies, and Indigenous communities.
About Atlas Strategic Advisors
Atlas Strategic Advisors is a boutique government relations and strategic advisory firm specializing in policy, regulatory strategy, and corporate engagement. Atlas provides strategic counsel to corporations, industry associations, and institutional clients, helping them navigate government policy, regulatory frameworks, and business development opportunities.
For more information, visit https://energyplug.com.
For further information, please contact:
Energy Plug Technologies Corp.
Paul Dickson
CEO, Director
info@energyplug.com
(604) 283-1262
Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Energy Plug Technologies Corp.'s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247041
FAQ
What is the significance of Energy Plug Technologies (PLGGF) engaging Atlas Strategic Advisors?
How many RSUs and stock options did PLGGF grant in April 2025?
What are the exercise prices for PLGGF's newly granted stock options?
What changes were made to PLGGF's warrant expiration dates?
