Form 1-A Filed by Energy and Water Development Ordered Qualified by SEC
06 Août 2020 - 2:11PM
InvestorsHub NewsWire
Miami, FL -- August 06, 2020 -- InvestorsHub NewsWire --
Energy and Water Development Corp. (OTC:
EAWD) ("EAWD" or the "Company"), an engineering solutions
company focused on delivering water and energy to all kinds of
industries and extreme environments, today announced that its
Offering Statement on Form 1-A to offer up to $20 million of common
stock, par value $0.001 (the “Common Stock”) at a price of $1.00
per share to qualified investors in a Reg A public offering has
been qualified by the U.S. Securities and Exchange Commission.
The Company expects this offering to allow the Company access to
fixed equity pricing, a funding alternative it deems more favorable
than variable rate convertible notes. Further, the
Company believes its long-term equity and financing options will be
significantly improved with the recent execution of several
purchase orders and sales contracts described in the recently
qualified filing. Assuming successful placement of up to 20 million
shares of Common Stock, the Company plans to begin manufacturing,
assembling, and commercializing its self-sufficient energy supplied
Atmosphere Water Generation Systems (AWG’s) to fulfill existing
orders. EAWD also plans to use funding from the offering to further
advance digital marketing campaigns to promote the provision of
safe water in challenged locations.
Chief Executive Officer, Ralph Hofmeier, stated, “We are
positioning EAWD to capitalize on our revolutionary eAWG® product;
a state-of-the art solution for the provision of safe water
wherever it is required and where energy is not accessible. EAWD
continues its active research and development of its innovative
‘Green Energy Tech’ (Water and Energy Development solutions) to
combat water scarcity and to introduce advanced solutions to waste
management.” Hofmeier added, “EAWD is positioned to be at the
forefront of offering solutions to protect human health while
designing sustainable water and energy solutions in these
challenging times of disease outbreaks such as COVID-19.”
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy nor may there be any sales of these
securities in any state in which such offer, solicitation or sale
would be unlawful before registration or qualification under the
laws of any such state.
About Energy and Water Development Corp.
Energy and Water Development Corp. (“EAWD”)
is a green-tech engineering solutions company focused on delivering
water and energy to extreme environments. The Company offers
design, construction, maintenance, and specialty consulting
services to private companies, government entities and
non-government organizations (NGOs). EAWD builds water
and energy systems out of already-existing, proven technologies,
utilizing their technical know-how to customize solutions to their
clients’ needs.
The Company’s website is: www.eawctechnologies.com
Forward-Looking Statements
This press release may contain forward-looking statements. The
words “believe,” “expect,” “should,” “intend,” “estimate,”
“projects,” variations of such words and similar expressions
identify forward-looking statements, but their absence does not
mean that a statement is not a forward-looking statement. These
forward-looking statements are based upon the Company’s current
expectations and are subject to a number of risks, uncertainties
and assumptions. The Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Among the important factors that
could cause actual results to differ significantly from those
expressed or implied by such forward-looking statements are risks
that are detailed in the Company’s filings.
Contact Information:
Energy and Water Development Corp.
Irma Velazquez, Chief Operating Officer
Email: velazquezi@eawctechnologies.com
Tel. +1 347 871 8927
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