QS Energy Files Definitive Proxy Statement
Ticker: QSEP · Form: DEF 14A · Filed: Dec 27, 2024 · CIK: 1103795
Sentiment: neutral
Topics: proxy-statement, regulatory-filing, corporate-governance
TL;DR
QS Energy filed its proxy statement for 2025. Standard stuff.
AI Summary
QS Energy, Inc. filed a Definitive Proxy Statement (DEF 14A) on December 27, 2024, for the fiscal year ending February 14, 2025. The company, incorporated in Nevada and operating in the Oil & Gas Field Machinery & Equipment sector, is based in Tomball, Texas. This filing is a standard procedural document related to shareholder matters.
Why It Matters
This filing provides shareholders with essential information regarding upcoming meetings and voting matters, allowing them to participate in corporate governance.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new financial information or strategic changes that would inherently increase risk.
Key Numbers
- 0001103795 — Central Index Key (Unique identifier for QS Energy, Inc. with the SEC.)
- 3533 — SIC Code (Standard Industrial Classification for Oil & Gas Field Machinery & Equipment.)
Key Players & Entities
- QS Energy, Inc. (company) — Registrant
- 20241227 (date) — Filing Date
- 20250214 (date) — Fiscal Year End
- Tomball, Texas (location) — Business Address
- SAVE THE WORLD AIR INC (company) — Former Company Name
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or Definitive Proxy Statement, is a document filed with the SEC by a company that is soliciting proxies from its shareholders. It provides detailed information about matters to be voted on at a shareholder meeting, such as director elections, executive compensation, and other corporate proposals.
When was this DEF 14A filed by QS Energy, Inc.?
QS Energy, Inc. filed this DEF 14A on December 27, 2024.
What is the fiscal year end for QS Energy, Inc. as indicated in this filing?
The Conformed Period of Report, indicating the fiscal year end, is February 14, 2025.
What is the primary business of QS Energy, Inc. according to its SIC code?
QS Energy, Inc. is classified under SIC code 3533, which corresponds to Oil & Gas Field Machinery & Equipment.
Where is QS Energy, Inc. headquartered?
QS Energy, Inc.'s business and mailing address is listed as 23902 FM 2978, Tomball, Texas, 77375.
Filing Stats: 4,961 words · 20 min read · ~17 pages · Grade level 11.3 · Accepted 2024-12-27 09:30:03
Filing Documents
- qsenergy_def14a.htm (DEF 14A) — 312KB
- image_002.jpg (GRAPHIC) — 12KB
- 0001683168-24-009003.txt ( ) — 329KB
From the Filing
DEF 14A 1 qsenergy_def14a.htm DEFINITIVE PROXY STATEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14A-6(E)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to ss.240.14a-12 QS ENERGY, INC. (Name of Registrant as Specified In Its Charter) Not Applicable (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: QS ENERGY, INC. 23902 FM 2978 Tomball, Texas 77375 January 13, 2025 Dear Shareholders, Following the close of 2024, I want to take a moment to reflect on how far we’ve come together as a company. This past year has been a transformative one for QS Energy. Thanks to the unwavering support of our shareholders and the dedicated efforts of our team, we have made significant progress in positioning the company for long-term success. It is with great pride and excitement that I share this update with you, summarizing our achievements over the past year and outlining our path forward. 2024 Year in Review This year marked a pivotal period for QS Energy, highlighted by the continued advancement of our Applied Oil Technology (AOT) and our strategic partnerships across Southeast Asia. Key milestones include: 1. Phase 4 Milestone Achieved: We successfully completed Phase 4 testing of AOT with a leading energy producer in Southeast Asia. This achievement validated the effectiveness of our technology in improving oil transport efficiency while reducing carbon emissions. 2. Strategic Partnerships Solidified: Through our collaboration with VIPS Petroleum, we forged strategic agreements with state-owned and private energy companies in Southeast Asia, underscoring the demand for innovative, efficiency-enhancing technology in the region. 3. Path to Commercialization: We took the first steps toward the commercial launch of AOT, with plans to formally enter the market in 2025. This includes securing customer contracts and identifying debt financing to support our operational goals. 4. Strengthened Financial Framework: Significant efforts have been made to align our funding strategy with our growth objectives. By focusing on responsible financing, we are working to avoid toxic funding sources, preserving value for our shareholders. Looking Ahead to 2025 With these foundational achievements in place, we are now poised for a breakthrough year in 2025. Our focus will be on executing our first customer contracts and launching AOT commercially. We are seeking to finalize debt financing to ensure a smooth operational rollout, and we are confident this will allow us to fully capitalize on the opportunities we have worked so hard to create. A Message of Gratitude None of this progress would have been possible without the continued support and patience of our shareholders. Your belief in QS Energy’s mission has been instrumental in our ability to navigate challenges and achieve milestones. As we move forward, we invite you to continue supporting our journey to commercialization. With your help, we can secure the funding needed to avoid toxic financing and deliver value to all stakeholders. Closing Thoughts We have come a long way together, and we are entering 2025 with a renewed sense of purpose and momentum. The progress made this year sets the stage for a transformative future for QS Energy. Thank you for your commitment, trust, and partnership. Together, we are shaping the future of oil transport efficiency and sustainability. Wishing you and your families a joyous holiday season and a prosperous New Year. With gratitude, /s/ Cecil Bond Kyte CEO, QS Energy, Inc. 2 QS ENERGY, INC. 23902 FM 2978 Tomball, T