According to filings with the U.S. Securities and Exchange Commission, XL Batteries is raising up to $25,000,007.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

About XL Batteries
XL Batteries is an energy storage technology company focused on developing the worlds lowest-cost, safest and most efficient long-duration energy storage solutions for the power grid. Its core product is a grid-scale Organic Flow Battery that combines proven flow battery architecture with proprietary organic, pH-neutral chemistry to deliver durable, reliable, non-flammable and low-cost energy storage systems. The companys technology is designed to meet the unique needs of data centers, grid operators, independent power producers and heavy industry, enabling a safe, stable and resilient power grid while supporting the transition from fossil fuels to renewable energy sources. Founded in 2019 by scientists who discovered its patented chemistry at Columbia University, XL Batteries has successfully fielded a paid demonstration prototype showing that its technology can meet or exceed the performance of lithium-ion batteries in every grid-scale use case, including fast response, but with lower cost, no flammability and longer duration. Since its founding, the company has attracted top talent from industry and academia and is scaling its long-duration, grid-scale Organic Flow Battery to support increasing global energy demand and advance environmental decarbonization.

To learn more, visit https://www.xlbatteries.com/
LinkedIn: https://www.linkedin.com/company/xl-batteries

Contact:
Thomas Sisto, Chief Executive Officer

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