Applied Energetics : Statement of Changes in Beneficial Ownership (Form 4)
June 17, 2022 at 08:43 pm
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Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(1)
All shares directly owned are held in Mr. Schultz's Roth IRA. Mr. Schultz's total direct and indirect beneficial ownership of non-derivative securities is 1,800,000 shares.
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Applied Energetics Inc. published this content on 17 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2022 19:42:07 UTC.
Applied Energetics, Inc. provides advanced optical technologies and ultrashort pulse directed energy solutions, utilizes patented, dual-use laser and optical technologies to advance critical industries, including defense, national security, biomedical and manufacturing. The Company has developed and holds crucial intellectual property rights to a dynamic directed energy technology called Laser Guided Energy (LGE) and Laser Induced Plasma Channel (LIPC). LGE and LIPC are technologies that can be used in high-tech directed energy systems. It owns approximately 25 patents and an additional 11 Government Sensitive Patent Applications (GSPA). These GSPA's are held under secrecy orders of the United States government, providing the Company with extended protection rights. The Company also has approximately nine pending patent applications. Its optical fiber-based laser architectures also enable improved wavelength agility as well as pulse duration agility.