Beam Global (formerly Envision Solar International, Inc.) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed on September 11, 2020, by Envision Solar International, Inc. (the "Company"). The report details a corporate name change approved by shareholders on June 17, 2020, which became effective on September 15, 2020. The Company is incorporated in Nevada and trades on the NASDAQ Capital Market.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a corporate governance event and does not contain financial statements or performance metrics.
Material Changes
- Corporate Name: Changed from "Envision Solar International, Inc." to "Beam Global."
- Trading Symbols: Common stock symbol changed from "EVSI" to "BEEM"; Warrants symbol changed from "EVSIW" to "BEEMW."
- CUSIP Numbers: Common stock CUSIP changed to 07373B109; Warrants CUSIP changed to 07373B117.
- Capitalization: There is no change in the outstanding number of shares or authorized capitalization.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document focuses solely on the administrative execution of the name change.
Key Facts for Investor Verification
- Verify the new ticker symbol "BEEM" and warrant symbol "BEEMW" on trading platforms effective September 15, 2020.
- Confirm that existing stock certificates remain valid and do not need to be surrendered for the name change.
- Note that the CUSIP numbers for both common stock and warrants have been updated.
- Review the Certificate of Amendment to Articles of Incorporation (Exhibit 3.1) for legal details of the name change.