Effective March 21, 2017, the Company completed an exchange of its Common Stock with the holders of the Company’s Series A Preferred Stock. The Company issued 11,509 shares of its Common Stock to the 15 holders of the Series A Preferred Stock at a ratio of one (i) share of Common Stock for each share of Series A Preferred Stock. Upon completion of the exchange, shares of the Series A Preferred Stock were cancelled and are no longer issued and outstanding.

About POWIN CORPORATION (OTCMKTS:PWON)

Powin Energy Corporation, formerly Powin Corporation, is a designer and developer of energy storage solutions for utilities, commercial and industrial, microgrid and electric vehicle (EV) fast-charging applications. The Company offers Battery Pack Operating System (bp-OS). Its bp-OS helps extend the life of batteries by balancing battery functions down to the cell level. It also provides insight into battery system functions and lifespan through its Battery Odometer and Warranty Tracker. The Company’s solutions for commercial and industrial businesses include Emergency Management, Seamless Solar Integration, Large-Format Scaling and Flexible Financing. Its solutions for grid business include Resource Adequacy, Grid Regulation, Targeted Demand Response, Off-Grid Applications and Renewables Integration. Its solutions for renewables business include solar, wind, for microgrids and for power producers.

POWIN CORPORATION (OTCMKTS:PWON) Recent Trading Information

POWIN CORPORATION (OTCMKTS:PWON) closed its last trading session 00.00 at 1.33 with 713 shares trading hands.