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Elektros, Inc. (OTC: ELEK) Elektros Aims to Acquire Sunday Scooters

Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility space, is pleased to announce their intent to acquire Sunday Scooters, an electric scooter company that services in the U.S. and Mexico.

SUNNY ISLES BEACH, FL / ACCESSWIRE / March 18, 2022 / Elektros Inc. is thrilled to announce their negotiation to acquire Sunday Scooters, a well-established e-scooter company found in the U.S. and Mexico. The two companies met on Tuesday, March 15th, at the Diplomat Hotel in Hallandale Beach, FL to discuss the terms of the purchase and reach a verbal agreement.

Elektros Inc. sees potential in the acquisition of Sunday Scooters to become a leader across all industries in the electric mobility space. With numerous projects in the works, such as their own electric vehicle design, Elektros Sonic, the company continues to pave the way in providing electric mobility solutions to the world. Elektros aims to grow Sunday Scooters' presence in the electric transportation space beyond its competitors like Bird (BRDS).

Elektros is now submitting final details to Sunday Scooters and hopes to have a purchase agreement signed shortly. The two companies have established a strong relationship and have found synergy in their missions to reduce the carbon footprint by providing consumers quick, convenient uses of transportation in their everyday lives.

The company looks forward to finalizing the purchase agreement and continuing to build their connections across the industry with the future of electric mobility in mind.

About Elektros, Inc.

Elektros is an American electric transportation company that innovates mobility solutions for consumers and businesses. The automotive landscape faces existential disruption over the next decade to reach carbon neutrality. Elektros addresses this paradigm shift with mobility technologies that support sustainability for a transformative user experience. Elektros aims to present a compelling and completely new electric vehicle experience known as Elektros Sonic to consumers beginning as early as 2023.

Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Elektros, Inc. IR and Media Inquiries
Website: Elek.World

SOURCE: Elektros, Inc.

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