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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

April 26, 2022

Date of Report

(Date of earliest event reported)

 

OZOP ENERGY SOLUTIONS, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   000-55976   35-2540672

(State or other jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

42 N. Main St.

Florida, NY 10921

(Address of principal executive offices, including zip code)

 

(845) 544-5112

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class    Trading Symbol(s)   Name of each exchange on which registered
None   N/A   N/A

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

The Company issued a press release on April 26, 2022 regarding its new subsidiary. A copy of the press release issued by the Company is attached as Exhibit 99.1 to this Current Report on Form 8-K, which are incorporated by reference solely for purposes of this Item 7.01 disclosure.

 

Exhibit 99.1 contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed in these forward-looking statements.

 

The information set forth under this Item 7.01, including Exhibit 99.1 is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit Number   Description
99.1   Press Release dated April 26, 2022

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: April 27, 2022

 

  OZOP ENERGY SOLUTIONS, INC.
     
  By: /s/ Brian Conway
  Name: Brian Conway
  Title: Chief Executive Officer

 

 

 

Exhibit 99.1

Logo, company name

Description automatically generated

 

Ozop Energy Solutions Enters $40 Billion Smart Lighting and Controls Market with New Subsidiary

 

Florida, NY April 26th, 2022 – Ozop Energy Solutions, Inc. (OZSC), (“Ozop” or the “Company”) is pleased to announce the launch of its new division, Ozop Engineering and Design, Inc. (“OED”), a wholly owned subsidiary of the Company. OED will design and engineer energy-efficient, easy to install, “smart” digital lighting controls systems for commercial buildings, campuses, and sports, medical, military complexes throughout North America and eventually the global marketplace.

 

As per the recent market study published by Global Industry Analysts, the global market for Smart Lighting and Control Systems, estimated at US$40.5 Billion in 2022, is projected to reach a revised size of US$78.8 Billion by 2026, growing at a CAGR of 14.7%. OED has assembled a team of engineers and lighting control specialists with over 31 years of operational experience in power management systems, lighting controls, and DMX control apparatus to service markets that include architectural firms, interior designers, electrical engineers, lighting consultants, military contractors, and electrical distributors.

 

Smart lighting refers to an energy-efficient lighting product wherein light control is adjusted based on users’ needs and as per the regulations. Smart lighting systems and control systems offer numerous benefits, including the ability to remotely access the lighting system, improved energy efficiency, reduced energy consumption, easy installation, and cost-effective lighting solution compared to conventional lighting systems. Smart lighting products also reduce greenhouse gas emissions, thus helping maintain a sustainable atmosphere. Driven by the continuous focus on sustainable green building initiatives to address rising environmental concerns, the adoption of smart lighting products is on the rise. The demand for smart lighting systems also benefits from government efforts to promote smart city projects, which focus on adopting energy-efficient and connected, or IoT-based lighting systems. Advances in sensor and electronics segments, the evolution of wireless technology, and the transition away from incandescent lamps are also expected to support market expansion.

 

“As the concept of smart lighting gains significant traction with government directives regarding energy consumption and the rapid modernization of global infrastructure facilities, we believe this is a perfect market to direct our expertise and provide additional revenue opportunities for Ozop by designing, supplying, and programming renewable energy smart systems,” stated Brian P Conway, CEO of Ozop Energy Solutions, Inc.

 

Ozop Engineering and Design has a dedicated creative team that produces system drawings, a certified technical support staff for product inquiries, and onsite system programming & commissioning agents for rapid deployment. Operations for OED launched as of April 1st, 2022, and has begun establishing relationships with some of the nation’s largest suppliers of lighting control systems, with an estimated forty-plus contracts in various stages of development in the first two weeks of operation.

 

 
 

 

About Ozop Energy Solutions.

 

Ozop Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.

 

About Ozop Energy Systems, Inc.

 

Ozop Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery.

 

About Ozop Engineering and Design

 

Ozop Engineering and Design engineers’ energy efficient, easy to install and use, digital lighting controls solutions for commercial buildings, campuses, and sports complexes throughout North America. Products include relays panels, controllers, occupancy/vacancy sensors, daylight sensors and wall switch stations. Ozop has a dedicated design team that produces system drawings and a technical support group for product questions and onsite system commissioning. Our mission is recognized for our deep understanding of power management systems and ability to provide the right solution for each facility.

 

www.ozopengineering.com

 

About Ozop Capital Partners

 

Ozop Capital Partners Inc. is a majority owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”). EVIC, DBA Ozop Plus is a licensed reinsurance company that will market and distribute a vehicle service contract for the electric vehicle market, focusing on battery replacement, repair, and roadside assistance products.

 

https://twitter.com/OzopEnergy

https://www.facebook.com/OzopEnergy/

The Waypoint Refinery (discord.com)

 

Safe Harbor Statement

 

“This press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.”

 

Investor Relations Contact – Ozop

 

The Waypoint Refinery, LLC

845-397-2956

www.thewaypointrefinery.com