New Parent Company
Active Power completed an asset purchase agreement with Langley Holdings PLC on November 19, 2016. Under the terms of agreement, Langley acquired substantially all assets and operations of Active Power, including the Active Power name, through their Piller Power Systems, Inc., subsidiary, plus the assumption of all debt, liabilities, and customer, employee, and purchase commitments going forward. For more information, visit www.langleyholdings.com.
Active Power was required to change its name to something other than “Active Power” pursuant to the terms of the agreement. To this end, Active Power has rebranded and changed its name to P10 Industries, Inc. P10 common shares are traded on OTC Pink Open Market under the ticker symbol PIOI. For investor related information about P10, visit www.p10industries.com.