Sterling and Wilson Solar Solutions, Inc. (SWSS) and OEG Inc. have mutually agreed to dismiss their arbitration proceedings. The dismissal is with prejudice, but certain counterclaims remain reserved from an arbitration order dated March 13, 2025. No costs or legal fees have been awarded. The Company does not expect any financial impact arising from this above what was disclosed in our disclosure dated October 10, 2025.
Arbitration Proceedings Dismissed
Sterling and Wilson Solar Solutions, Inc. (SWSS) and OEG Inc. have reached an agreement to dismiss the ongoing arbitration proceedings between them. This update addresses the material litigation previously disclosed.
Terms of Dismissal
The arbitration has been officially dismissed with prejudice. Certain counterclaims, as specified in the arbitration order dated March 13, 2025, are expressly reserved. There has been no award of costs, expenses, or legal fees to either party involved.
Financial Impact
The Company does not anticipate any financial ramifications beyond what was previously disclosed on October 10, 2025, related to this dismissal. The arbitration proceedings now stand closed.
Source: BSE