Energous Files Registration Statement for Proposed Public Offering of Common Stock
SAN JOSE, CA / ACCESSWIRE / November 12, 2014 / Energous Corporation ("Energous") (WATT), has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed registered offering of its common shares. Energous is the developer of WattUp(TM), a disruptive wire-free charging technology for electronic devices that provides power at a distance with complete mobility under full software control.
Energous intends to use the net proceeds from this offering to accelerate product development, regulatory, business development and support activities and for general corporate purposes.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. Copies of the prospectus relating to this offering may be obtained, when available, from Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by telephone at (212) 667-8563, or by email at EquityProspectus@opco.com, or by accessing the SEC's website at www.sec.gov.
Oppenheimer & Co. Inc. is acting as the lead book-running manager and representative of the underwriters. Roth Capital Partners, LLC and National Securities Corporation are acting as co-managers for the proposed offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Energous Corporation:
Energous Corporation is developing WattUp(TM), a wire-free charging technology that will transform the way people charge and power their electronic devices at home, in the office, in the car and beyond. WattUp is a revolutionary, patent- and trademark-pending solution that delivers intelligent, scalable power via the same radio bands as a Wi-Fi router. WattUp differs from current wireless charging systems in that it delivers meaningful, useable power, at a distance, allowing users to roam while charging. The result is a wire-free experience that saves users from having to remember to plug in their devices or place them on a mat. Energous will initially license WattUp to the wearable and mobile-accessory markets and will expand to other markets such as Wi-Fi routers and smartphones over time. For more information, please visit www.energous.com.
SOURCE: Energous Corporation
Released November 12, 2014