SAN DIEGO, July 1, 2020 /PRNewswire/ -- Envision Solar
International, Inc., (Nasdaq: EVSI, EVSIW) ("Envision Solar," or
the "Company"), a producer of unique and sustainable infrastructure
products for electric vehicle charging, energy security and outdoor
media, today announced it has commenced an underwritten public
offering of shares of its common stock. The offering is subject to
market conditions, and there can be no assurance as to whether or
when the offering may be completed, or as to the actual size or
terms of the offering.
Maxim Group LLC is acting as the sole book-running manager for
the offering.
The public offering is being made pursuant to an effective shelf
registration statement on Form S-3 that was filed with the U.S.
Securities and Exchange Commission (SEC) on May 26, 2020 and declared effective on
June 4, 2020. A preliminary
prospectus supplement describing the terms of the public offering
will be filed with the SEC and will form a part of the effective
registration statement. Copies of the preliminary prospectus
supplement and accompanying prospectus relating to the public
offering may be obtained, when available, by contacting Maxim Group
LLC, 405 Lexington Avenue, 2nd Floor, New
York, NY 10174, or by telephone at (212) 895-3745.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state or
jurisdiction.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, produces and sells unique
and patented sustainable infrastructure products for electric
vehicle charging, energy security and outdoor media, including the
EV ARC™ and the Solar Tree® with EnvisionTrak™ patented solar
tracking, SunCharge™ solar Electric Vehicle Charging, ARC™
technology energy storage, and EnvisionMedia™ solar advertising
displays.
Based in San Diego, the company
produces Made in America products. Envision Solar is listed on the
Nasdaq CM under the symbols EVSI and EVSIW. For more information
visit www.envisionsolar.com or call (858) 799-4583. Follow us on
social media to keep up with the latest news: Linkedin, Facebook,
Twitter, Instagram, and YouTube.
Forward-Looking Statements
This Envision Solar International, Inc. Press Release may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including
statements regarding the proposed public offering. The
offering is subject to market and other conditions, and there can
be no assurance as to whether or when the offering may be completed
or as to the actual size or terms of the offering. These
forward-looking statements also are subject to risks, uncertainties
and assumptions, including those detailed from time to time in the
company's filings with the SEC, and represent the company's views
only as of the date they are made and should not be relied upon as
representing the company's views as of any subsequent
date.
Media Contacts:
Alyson
Dutch / Sherry Butler
Brown + Dutch Public Relations, Inc.
alyson@bdpr.com, sherry@bdpr.com
+1 310 456 7151
Investor Relations:
Tristan
Traywick
Senior Account Director
CORE IR
516 222 2560
tt@coreir.com
www.coreir.com
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SOURCE Envision Solar International, Inc.