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Electriq Power Holdings, Inc. ("Electriq" or "Company") (OTC:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, today announced the Company has filed a voluntary petition for relief under Chapter 7 of the U.S. Bankruptcy Code. The filing with the U.S. Bankruptcy Court for Delaware will result in federal appointment of a bankruptcy trustee to liquidate the Company's assets and distribute any proceeds. The filing follows an investigation conducted by the Board of Directors, which concluded it is in the best interest of the Company and its investors, creditors, former employees, and other interested parties to file for Chapter 7 r
Electriq Power Holdings, Inc. ("Electriq") ((ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, is proud to announce that the company has been selected as the "EMS Solution Provider of the Year" winner of the 2024 CleanTech Breakthrough Awards. As an honoree of the inaugural award, Electriq was chosen from among thousands of submissions for the excellence, performance, value, and impact of the company's residential solar + storage solution, the PowerPod 2, and its Sustainable Community Networks program, referred to as the PoweredUp Network. The award recognizes the company's technology and business model as an innovative energy
Strategic partnership expands sales & installation services, allowing Electriq to grow its footprint Electriq Power Holdings, Inc. ("Electriq") ((ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, announced a new partnership with Aveyo. Aveyo will provide customer acquisition and installation services of Electriq's solar + battery storage systems for the company's Sustainable Community Networks program, PoweredUp Network. Electriq's PoweredUp Network offers a turnkey clean energy solution that includes everything needed for home energy independence – solar panels, solar battery storage, management and monitoring software, ins
Electriq Power Holdings, Inc. ("Electriq" or "Company") (OTC:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, today announced the Company has filed a voluntary petition for relief under Chapter 7 of the U.S. Bankruptcy Code. The filing with the U.S. Bankruptcy Court for Delaware will result in federal appointment of a bankruptcy trustee to liquidate the Company's assets and distribute any proceeds. The filing follows an investigation conducted by the Board of Directors, which concluded it is in the best interest of the Company and its investors, creditors, former employees, and other interested parties to file for Chapter 7 r
David Peterson brings deep capital markets and energy industry expertise to the role Electriq Power Holdings, Inc. ("Electriq") (NYSE:ELIQ), a provider of intelligent energy storage and management for homes and small businesses, today announced the addition of David Peterson to its finance team, effective immediately. Peterson will lead capital markets activities and be responsible for arranging corporate financing, both equity and debt, and project financing for Electriq's Sustainable Community Network (SCN) programs and Sustainable Solutions partners. "We are excited to have one of the pioneers of residential solar financing with Electriq Power," said Frank Magnotti, Chief Executive O
Jennifer Lowry brings significant energy industry and project finance expertise to the Board Electriq Power (Electriq) (NYSE:ELIQ), a provider of intelligent energy storage and management for homes and small businesses, today announced the appointment of Jennifer Lowry to its Board of Directors, effective immediately. She will be replacing Neha Palmer on the Electriq Board. "We are delighted Jennifer has agreed to join both our Board of Directors and the Compensation Committee," said Mike Lawrie, Chairman of Electriq's Board of Directors. "She brings extensive experience in the energy industry to these roles, in addition to strong knowledge of project finance. Her expertise will be a gr
The New York Stock Exchange ("NYSE", the "Exchange") announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of Electriq Power Holdings, Inc. (the "Company") — ticker symbol ELIQ — from the NYSE. Trading in the Company's Class A common stock will be suspended immediately.NYSE Regulation reached its decision to delist the Company's Class A common stock pursuant to Section 802.01B of the NYSE's Listed Company Manual because the Company had fallen below the NYSE's continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000
25-NSE - Electriq Power Holdings, Inc. (0001827871) (Subject)
NT 10-K - Electriq Power Holdings, Inc. (0001827871) (Filer)
Electriq Power Holdings, Inc. ("Electriq") (NYSE:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, today announces its financial results for the quarter ended September 30, 2023. Quarterly Financial Highlights: Net Revenues of $0.8 million Operating Expenses of $7.1 million Net loss of $20.0 million (inclusive of $14.9 million in unrealized fair value adjustments) Adjusted EBITDA* of ($3.3) million, representing a $5.1 million improvement compared to the second quarter 2023, primarily as a result of the finalization of a contract termination settlement No outstanding debt obligations as of September 30, 2023
Electriq Power Holdings, Inc. ("Electriq" or the "Company") (NYSE:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses announced today that it will release its third quarter 2023 financial results after the market closes on Tuesday, November 14, 2023. The Company will host a conference call to discuss its financial results, followed by a Q&A session, beginning at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) on Wednesday, November 15, 2023. Participants on the call will include Frank Magnotti, Chief Executive Officer and Petrina Thomson, Chief Financial Officer. Please refer to the information below for conference call dial-in inf