other material
confidence high
sentiment positive
materiality 0.55
Ozop Energy signs EV VSC agent deal, first dealership, and completes lighting projects
OZOP ENERGY SOLUTIONS, INC.
- Agent agreement with Royal Administration: Ozop Plus markets EV VSCs and assumes battery risk at agreed premium; Royal cedes battery premium for VSCs sold through its channels.
- OZOP Engineering completes first three lighting commissioning projects for a national furniture retailer; over 40 franchise locations set to follow.
- First dealership signed: Sansone Jr's Windsor Nissan to sell EV VSCs via GSFSGroup; Ozop Plus receives agent fee up to $500 and ceded premiums from VSCs marketed.
- EV VSCs offer up to 10 years/150,000 miles coverage for 2017+ model year electric vehicles, including comprehensive battery protection.