CEO
What is a Registration A Statement?
SEC Form 1-A, also known as a Registration A Offering, is a filing with the
KEY TAKEAWAYS
- SEC Form 1-A is a filing with the
Securities and Exchange Commission by entities seeking exemption for registration requirements for certain public offerings under Regulation A. - Regulation A waives registration requirements for any public offering of securities of
$75 million or less within a 12-month period, and it's divided into two tiers. Lelantos has filed for the Tier 1 offering, which is capped at$20 million for the aggregate offering price and aggregate sales of securities offered over a 12-month period.- The Tier 2 is limited to
$75 million in securities offerings in a 12-month period and will be an option pursued by theLelantos board following the successful exhaustion of the Tier 1 offering.
What is an Employee Stock Ownership Program?
An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock. ESOPs give the sponsoring company—the selling shareholder—and participants various tax benefits, making them qualified plans, and are often used by employers as a corporate finance strategy to align the interests of their employees with those of their shareholders.
KEY TAKEAWAYS
- An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock.
- The Lelantos ESOP encourages the Company’s employees, consultants, and advisors to give their all as the company’s success translates into financial rewards.
- Lelantos’ ESOP was crafted to help empower the individuals who contribute to the success of the company to feel more appreciated and better compensated for the work they do.
- The ESOP directly ties distributions from the plan to vesting, which gives employees, consultants, and advisors rights to employer-provided assets over time.
Newly appointed Board of Directors member,
About
Founded in the spirit of “Solution Hunting,”
About Lelantos Energy
INNOVATIVE. STRATEGIC. SOLUTION ORIENTED.
Lelantos Energy offers a forward-thinking solution to adapt to the dynamic landscape of commercial solar, residential solar, microgrid design, energy storage architecture, and EV supercharging. With extensive industry expertise, they provide a comprehensive approach and have strategically joined forces with experienced and leading industry professionals as well as dedicated lending resources to create a model that will mitigate risk, establish high-yield rewards for investors, and firmly cement their vision to advance and revolutionize the delivery of renewable energy projects on a global scale.
Lelantos Energy’s strength is intelligently designing and developing large-scale projects, from multi-location operations to fully developed utility-scale systems. Beyond that, their key relationships allow them to finance, source products, develop and go to construction more quickly than traditional renewable energy solutions providers.
Lelantos Energy website: www.Lelantos.Energy
FORWARD-LOOKING INFORMATION
Certain information set forth in this press release contains "forward-looking information," including "future-oriented financial information" and "financial outlook," under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company's current customer, supplier and other material agreements; and (viii) future liquidity, working capital and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect to the future so they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance, and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
CONTACT INFORMATION
info@Lelantos.Group
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