On July 8, 2026, Greg Nixon resigned as a preferred stock director. Nathaniel Fick resigned as a Class III director to succeed Mr. Nixon as a preferred stock director on the same day. On July 9, 2026, the Board appointed Haiyan Song as a Class III director, serving until the 2029 annual meeting. Ms. Song will receive an annual cash retainer of $50,000 and an annual equity-based retainer of $150,000 in restricted stock units. The company operates in the energy storage industry and develops zinc-based battery technology.