CARSON CITY, NV - (NewMediaWire) - May 31, 2024 - LeapCharger Corporation (OTC: LCCN) ("LeapCharger” or the "Company"), an electric vehicle (EV) charging company with disruptive and innovative technology providing eco-friendly and sustainable solutions, proudly announces its reinstatement as Pink Current Information on OTC Markets as of May 15, 2024. Following a rigorous review of its filings, LeapCharger has met all requirements, further illustrating its commitment to transparency and compliance.

With Pink Current Information status restored, LeapCharger is empowered to take the next strategic step in its growth journey. The company is thrilled to announce that it has also now filed its Form 211 with FINRA. This crucial filing marks a significant advancement in LeapCharger's trajectory toward broader market accessibility and enhanced investor confidence.

"We are delighted to have regained Pink Current Information status," stated Praveenkumar Vijayakumar, CEO of LeapCharger. "This achievement reflects our unwavering dedication to upholding the highest standards of transparency and regulatory compliance. We are simply ecstatic to move forward with our Form 211 filing and continue our mission of driving innovation in the EV charging sector."

Moreover, LeapCharger is pleased to report significant progress in its audit for the year ended November 30, 2023. As the audit nears completion, LeapCharger anticipates reaching another milestone in its ongoing efforts to restore shareholder and investor confidence as it continues its quest to have the trading restriction removed, further solidifying its position as a leading player in the EV charging market.

LeapCharger remains committed to delivering cutting-edge charging solutions while fostering shareholder value and transparency. The company extends its gratitude to shareholders, partners, and stakeholders for their unwavering support as it continues to chart new heights in the EV industry.

“We understand that this is only the first step towards having the trading restriction removed, and we continue to engage with OTC Markets in an effort to accomplish that without much further delay,” added Vijayakumar. “We have proposed a plan of action to OTC Markets that we believe shows our commitment to transparency and to our loyal shareholders, with such plan requiring us to complete our 211 with FINRA and clearing an S-1 Registration Statement with the SEC.”

For the most current information and updates, please visit our website at www.leapcharger.com and our social media pages, all of which are listed at the bottom of this release.

ABOUT LEAPCHARGER CORPORATION

LeapCharger Corporation is an emerging growth company that aims to provide high-quality electric vehicle (EV) charging solutions to consumers and businesses. Our operations are based in the UAE and we aim to expand operations into other regions such as North America, EU and South Asia in the near future. Our charging stations will be strategically placed in high-traffic areas, ensuring that EV owners have easy access to our services. We offer a user-friendly mobile app that allows customers to easily locate our charging stations, reserve charging spots, and pay for their charging sessions. We have also integrated advertising solutions in our charging stations to generate additional income. In addition to our commercial offerings, we will also partner with residential communities and property owners to install charging stations in their buildings. Additionally, we understand that our customers prioritize efficiency and convenience, so we are installing 150kW+ charging stations at highway exits and petrol pumps. These stations offer a higher charging speed, allowing drivers to get back on the road quickly. One of the ways we achieve this is by offering lower charging rates than our competitors, thanks to our innovative use of advertising revenue. Our charging stations are equipped with 55-inch screens, which serve to provide our clients with a valuable marketing channel and also serve as marketing channels for our LeapCharger brand.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended) concerning the Company, expected listing and trading, the Company’s technology and future anticipated growth. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “plan,” “believe,” “intend,” “look forward,” and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: risks related to LeapCharger’s operations, such as additional financing requirements and access to capital; competition; the ability of LeapCharger to protect its intellectual property rights; and other risks set forth in the Company’s filings with OTC Markets (“OTCM”) and/or the Securities and Exchange Commission (the “SEC”). Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in LeapCharger’s periodic reports filed with the SEC or OTCM, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Periodically, and as legally required, the Company may make new and material information available on its website, www.leapcharger.com, or through Company sponsored social media, which may be accessed by clicking on the below links:

Instagram: https://www.instagram.com/leapcharger/

Twitter: https://x.com/LeapCharger?s=20

LinkedIn: https://www.linkedin.com/company/leapcharger/

Contact:

Praveenkumar Vijayakumar

+19173910061

praveen@leapcharger.com