0001683168-20-000595.txt : 20200227 0001683168-20-000595.hdr.sgml : 20200227 20200227080514 ACCESSION NUMBER: 0001683168-20-000595 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 7 CONFORMED PERIOD OF REPORT: 20200227 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20200227 DATE AS OF CHANGE: 20200227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Envision Solar International, Inc. CENTRAL INDEX KEY: 0001398805 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 208457250 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38868 FILM NUMBER: 20658539 BUSINESS ADDRESS: STREET 1: 5660 EASTGATE DRIVE CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 858-799-4583 MAIL ADDRESS: STREET 1: 5660 EASTGATE DRIVE CITY: SAN DIEGO STATE: CA ZIP: 92121 FORMER COMPANY: FORMER CONFORMED NAME: Casita Enterprises, Inc. DATE OF NAME CHANGE: 20070508 8-K 1 envision_8k-022720.htm FORM 8-K

 

 

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

 

Date of report (Date of earliest event reported):  February 27, 2020

 

 

 

ENVISION SOLAR INTERNATIONAL, INC.

(Exact Name of Registrant as Specified in Charter)

 

Nevada   000-53204   26-1342810

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

5660 Eastgate Drive, San Diego, CA 92121
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: (858) 799-4583

 

(Former name or Former Address, if Changed Since Last Report.)

 

 

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 (see General Instruction A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).      Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

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

   
Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   EVSI   NASDAQ Capital Market
Warrants   EVSIW   NASDAQ Capital Market

 

 

 

 

   

 

 

Item 7.01. Regulation FD Disclosure.

 

On February 27, 2020, Envision Solar International, Inc. (the “Company”) issued a joint press release with Electrify America announcing that Electrify America intends to purchase $2 million in solar-powered electric vehicle (EV) charging stations manufactured by the Company to be installed in rural California. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

The information furnished in this Form 8-K and the press release attached as Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 and in the press release attached as Exhibit 99.1 shall not be incorporated by reference into any filing with the U.S. Securities and Exchange Commission made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

 

Item 9.01. Financial Statements and Exhibits.

 

  (d)  Exhibits

 

Exhibit

Number

  Description
99.1   Press Release dated February 27, 2020

 

 

 

SIGNATURES

 

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

 

  ENVISION SOLAR INTERNATIONAL, INC.
     
Dated:  February 27, 2020 By: /s/ Katherine H. McDermott
  Name: Katherine H. McDermott
  Title: Chief Financial Officer

 

 

 

 2 

 

 

EX-99.1 2 envision_ex9901.htm PRESS RELEASE

Exhibit 99.1

 

 

 

Electrify America Invests $2 Million in Envision Solar Infrastructure, Further Increasing Rural

Californians’ Access to Sustainable Electric Vehicle Charging

 

Placement of 30 durable, solar-powered EV ARCcharging stations with two Level 2 EV chargers each will help Electrify America continue to expand access to public charging options across rural California

 

RESTON, VA (February 27, 2020) – Electrify America is investing $2 million in solar-powered electric vehicle (EV) charging stations in rural California that are not tied to the electrical grid. The investment will expand access to sustainable EV charging to drivers in rural areas, including the Central, Coachella, and Imperial Valleys.

 

Electrify America is sourcing the chargers from Envision Solar (Nasdaq: EVSI, EVSIW), a San Diego-based sustainable technology company. The EV ARC™ 2020 is a transportable, solar-powered electric vehicle-charging infrastructure product. Each standalone station is equipped with a 4.28-kilowatt (kW) sun-tracking solar array, 32kWh of on-board battery storage, and two Electrify America Level 2 EV chargers capable of charging speeds up to 6kW. This combination allows for two customers to charge their vehicles at the same time using 100 percent renewable electricity – regardless of weather or time of day.

 

“Envision Solar’s innovative technology allows us to offer renewable energy solutions for electric vehicle charging,” said Giovanni Palazzo, president and chief executive officer of Electrify America. “Along with supporting California’s broader air quality goals, this investment expands reliable, low-cost charging solutions to California residents living outside of major metropolitan areas – further demonstrating that electric vehicles are for everyone.”

 

Electrify America will dispatch 30 standalone EV ARC™ 2020 stations to carefully selected areas in rural California. Because of the custom size and flexible nature of the EV ARC™ 2020, the stations can be deployed quickly and without disruptive construction. Deployment takes only minutes, and the chargers can fit easily inside a standard parking spot, preserving available parking.

 

“Electric vehicles accounted for about 8% of car sales in California in 2019 but EV penetration is still less than half a percent in rural areas,” said Desmond Wheatley, chief executive officer of Envision Solar. “Electrify America’s deployment of our rapidly deployed, solar-powered EV charging products will help the state get closer to its goal of 250,000 charging stations by 2025 while putting fully emissions free driving within reach of those who need it most. We look forward to continuing to support Electrify America’s efforts now and in the future.”

 

The unique ability of EV ARC™ 2020 to operate independent of the electrical grid not only provides ease and flexibility in installation, but also makes it a reliable source of power. The units are built to withstand extreme weather – holding up against winds up to 120 mph and floods up to 9.5 feet. This keeps the technology operating in the event of a blackout or power outage, allowing EV customers to charge their vehicles and get home. Additionally, the chargers can serve as a resource for first responders who may need to quickly relocate the transportable units to provide power in the event of an emergency.

 

Installation of the Envision Solar chargers will begin in the first half of 2020. Like all public charging stations on the Electrify America network, the EV ARC™ 2020 chargers being deployed by Electrify America promote consumer choice by supporting all light-duty electric vehicles.

 

More details about Electrify America’s California Cycle 2 ZEV Investment Plan can be found at https://www.electrifyamerica.com.

 

###

 

 

 

 1 

 

 

About Electrify America

Electrify America LLC, the largest open DC fast charging network in the U.S., is investing $2 billion over 10 years in Zero Emission Vehicle (ZEV) infrastructure, education and access. The investment will enable millions of Americans to discover the benefits of electric driving and support the build-out of a nationwide network of workplace, community and highway chargers that are convenient and reliable. Electrify America expects to install or have under development approximately 800 total charging stations with about 3,500 DC fast chargers by December 2021. During this period, the company will be expanding to 29 metros and 45 states, including two cross-country routes, delivering on its commitment to support increased ZEV adoption with a network that is comprehensive, technologically advanced and customer friendly. Electrify America also offers home charging solutions for consumers with flexible installation options. For more information, visit www.electrifyamerica.com and www.media.electrifyamerica.com.

 

Connect with Electrify America on social media:

    @ElectrifyAm    /ElectrifyAmerica    @electrifyamerica    /electrifyamerica

 


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 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. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.

 

News Media Contacts:

Mike.Moran@ElectrifyAmerica.com

703.872.7936

 

Sandra.Peterson@EnvisionSolar.com

858.221.4241

 

Investor Relations Contact:

Tristan Traywick

tt@CoreIR.com

516.222.2560

 

 

 

 2 

 

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