Zero Nox, Inc. (“Zero Nox”), an affiliated (approximately 10%) ownership portfolio company of Armada Mercantile Ltd. (Symbol: AAMTF), is seeking to enter the US public markets by way of a NASDAQ listing or merger with a Special Purpose Vehicle or “SPAC”. Management of Armada is working with Zero Nox to facilitate the going public process.
Zero Nox is headquartered in Porterville, California. They design, engineer, develop, sell and provide after-market support for Off-Highway Electric Vehicle (“OHEV”) Powertrain Systems and Microgrids*. The Technology is currently being used in forklifts, hospitality carts, utility vehicles, and battery systems. ZeroNox plans to be a leader in OHEV Powertrains and Microgrids, due to its proprietary electric Powertrain Systems, which include ZeroNox lithium batteries, battery management systems, electric Genmotors, Thermal Energy Conversion Systems, and in-house telematics. The Zero Nox line of utility vehicles includes the Tuatara expedition vehicle (Tuatara) and the EC4 (EC4) electric utility vehicle.
Zero Nox is currently raising, prior to a public offering, a third round of funding in the amount of US$3,000,000 through a Reg. D 506 offering. Parties interested in reviewing the Zero Nox private placement memorandum can request a copy at [email protected]
For more information about Zero Nox, Inc. visit: www.zeronox.com.
For more information pertaining to Armada Mercantile Ltd., visit: www.armadamercantile.com.