Nov. 14 at 1:20 AM
$CREG Interesting little detail from the newly filed 10-Q here - they hired at least 3 NEW employees in the engineering dept. IMO, they're on track to launch the new energy storage biz soon.
"16. SUBSEQUENT EVENTS
On October 13, 2025, the compensation committee (the “Compensation Committee”) of the Company’s board of directors (the “Board”) and the Board adopted the Inducement Plan, pursuant to which the Company reserved up to 1,000,000 shares of Common Stock, to be used exclusively for grants of equity-based awards to individuals who were not previously employees or directors of the Company, as an inducement material to the individual’s entry into employment with the Company within the meaning of Nasdaq Listing Rule 5635(c)(4).
On October 15, 2025, the Company granted 290,000 restricted stocks, which vest on the six month anniversary of the Date of Grant, to three employees in the engineering department."
