Energous (WATT) Registration Filing summary

Company overview and business model

• Develops over-the-air Wireless Power Network (WPN) technology for RF-based charging of IoT devices, integrating semiconductor chipsets, software, hardware, and antennas.

• Holds a portfolio of over 250 patents, supporting both near-field and at-a-distance wireless charging for diverse device categories.

• Key applications include retail sensors, electronic shelf labels, asset trackers, air quality monitors, and motion detectors.

• First WPN-enabled product entered the market in 2019, with ongoing innovation and new product releases anticipated.

Financial performance and metrics

• Closed a registered direct offering in September 2025, raising approximately $4.1 million in net proceeds.

• Issued warrants and pre-funded warrants as part of recent capital raises, with exercise prices ranging from $0.00001 to $7.92 per share.

Use of proceeds and capital allocation

• Proceeds from any cash exercise of new warrants will be used for working capital and general corporate purposes, including R&D, capital expenditures, and potential acquisitions or investments.