Beam Global has filed a notice of an exempt offering of securities to raise $10,510,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Beam Global is raising $10,510,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Desmond Wheatley played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Beam Global
Beam Global is a clean technology leader providing innovative, sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media. Core platforms include Beam EV ARC and Solar Tree sustainable EV charging systems, Beam AllCell high-performance energy storage solutions, energy resiliency and disaster preparedness products and a deep patent library. Beam develops, patents, designs, engineers and manufactures unique and advanced clean mobility solutions that protect the environment, save customers time and money, empower communities and keep people moving. Beam sustainable EV charging product lines offer off-grid level 2 and DCFC EV charging solutions that eliminate the construction, disruption, risks, carbon footprint, and costs of grid-tied solutions. Rapidly deployed, solar-powered EV ARC products require no electrical work, no construction, no utility bill and can charge EVs during grid outages. Beam AllCell highly flexible battery platform architecture is ideally suited for applications where energy density, safety and bespoke enclosures require high power in small spaces. Drones, submersibles, recreational products and a host of micro mobility and EV products can use battery pack formats optimized for each products unique attributes. Beam products can deliver electricity with no connection to the grid for energy resiliency and disaster preparedness. Beam EV ARC EV charging infrastructure systems support any quality brand EV charging service equipment, and Beam AllCell battery solutions power micro-mobility, terrestrial EVs, aviation, maritime and recreational vehicles as well as stationery and energy-security platforms. Based in San Diego and Chicago, Beam Global produces Made-in-America products with the mission to Lead the World to Clean Mobility. Beam Global is listed on Nasdaq under the symbols BEEM and BEEMW.
To learn more about Beam Global, visit http://www.beamforall.com/
Contact:
Desmond Wheatley, Chief Executive Officer
858-799-4583
SOURCE: http://www.intelligence360.io
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