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Gersan Elektrik Announces Application to Trade on the OTCQX Market in the United States

ISTANBUL, TürkiyeGersan Elektrik Ticaret ve Sanayi A.S. (“Gersan Elektrik,” “Gersan” or the “Company”) (BIST: GEREL), a publicly traded Türkiye-based industrial company operating in the electrical sector and energy distribution solutions, today announced that it has initiated an application process for its shares to be cross-traded on the OTCQX Market in the United States. The Company previously […]

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Gersan Elektrik Ticaret ve Sanayi A.S. (“Gersan Elektrik,” “Gersan” or the “Company”) (BIST: GEREL), a publicly traded Türkiye-based industrial company operating in the electrical sector and energy distribution solutions, today announced that it has initiated an application process for its shares to be cross-traded on the OTCQX Market in the United States. The Company previously disclosed the commencement of this process through Türkiye’s Public Disclosure Platform on June 9, 2026.

The application is subject to the review and approval of OTC Markets Group, and there can be no assurance as to the timing or outcome of the application. If approved, the contemplated OTCQX quotation is expected to support broader market visibility and enhance access to the Company’s publicly available disclosures for U.S.-based and international investors.

WhatsApp Image 2026 06 16 at 17.15.25 1 Gersan Elektrik Announces Application to Trade on the OTCQX Market in the United States

The Company views the OTCQX application as an important milestone in its broader corporate business, international capital markets and investor-base expansion strategy. Gersan Elektrik believes that a structured U.S. market access framework may help the Company communicate its industrial platform, operating capabilities and publicly disclosed financial information to a wider institutional and investor audience in a transparent and disciplined manner.

“Our application to OTCQX represents a structured step in Gersan Elektrik’s ongoing corporate development and capital markets communication strategy,” said Erkan İzgi, Chairman of Board of Gersan Elektrik. “Subject to approval, we believe the contemplated OTCQX quotation may support broader market visibility, improve access to our public disclosures and contribute to a more accessible information environment for U.S.-based and international investors. We intend to continue communicating with the market through factual, timely and disclosure-based investor relations practices.”

Gersan Elektrik has engaged Usul Ventures Limited, a consulting firm listed in OTC Markets Group’s Premium Provider Directory, to act as process manager and advisor in connection with the Company’s OTCQX cross-trading application process. Usul Ventures is expected to support the Company in coordinating the application process, investor communication framework, U.S. market positioning and related disclosure-oriented workstreams during the contemplated U.S. market access process.

Gersan Elektrik is one of the established companies in Türkiye’s electrical sector, with more than 45 years of experience. The Company manufactures systems and materials that carry, combine and protect electrical conductors along the line extending from power generation facilities to end-use locations. Its product and solution portfolio includes busbar systems, cable tray and conveying systems, grounding systems, panel systems, electric vehicle charging station systems, automation systems, Led-Bus lighting systems, underfloor channel systems, special carrier systems and steel construction systems.

As a publicly traded company listed on Borsa Istanbul under the ticker GEREL, Gersan Elektrik aims to strengthen its international capital markets engagement through accessible corporate information, disciplined investor communication and continuity in public disclosure. The contemplated OTCQX process does not constitute a public offering of securities and is not intended to change the Company’s primary listing venue or existing public disclosure obligations in Türkiye.

The Company expects that, subject to completion of the OTCQX application process, future investor communication may include periodic business updates and financial-results communications based on information already disclosed through the Company’s official public reporting channels. Any such communications are intended to provide context around publicly available information and are not intended to provide investment advice, price targets, trading recommendations or selective disclosure of material non-public information.

About Gersan Elektrik Ticaret ve Sanayi A.S.

Gersan Elektrik Ticaret ve Sanayi A.S. is a Türkiye-based publicly traded industrial company listed on Borsa Istanbul under the ticker GEREL. The Company operates in the electrical sector and provides products and solutions across energy distribution, busbar systems, cable tray and conveying systems, grounding systems, panel systems, electric vehicle charging systems, automation and lighting-related applications. For further information, please visit www.gersan.com.tr.

About Usul Ventures Limited

Usul Ventures Limited is a corporate finance and capital markets advisory firm listed in OTC Markets Group’s Premium Provider Directory. In connection with Gersan Elektrik’s contemplated OTCQX cross-trading process, Usul Ventures is expected to act as process manager and advisor, supporting application coordination, investor communication structuring and related market-access workstreams.

No Offer or Solicitation

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States, Türkiye or any other jurisdiction. No securities may be offered or sold in any jurisdiction except pursuant to registration or an applicable exemption under applicable securities laws.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements regarding the Company’s OTCQX application, expected market visibility, investor access, corporate communication strategy and future investor relations activities. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties, many of which are outside the Company’s control. Actual results, timing, approvals, market conditions and outcomes may differ materially. The Company undertakes no obligation to update any forward-looking statement except as required by applicable law.

Investor Relations Contact

Gersan Elektrik Ticaret ve Sanayi A.S.Investor Relations

E-mail: [email protected]

Phone: +90 (216) 593 00 50

Website: www.gersan.com.tr

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Florida Residents Are Turning to At‑Home Hibachi Experiences for Summer Events, Says Friendly Hibachi Chef at Home

Orlando, FloridaFriendly Hibachi Chef at Home reports a major increase in bookings as Florida enters the first day of summer. More residents are choosing at‑home hibachi experiences for birthdays, reunions, and backyard gatherings, driven by the demand for interactive, chef‑led entertainment. The company brings a full hibachi show directly to residential spaces, offering families a memorable alternative to restaurants and traditional catering. The service is also proving to be a cost‑effective option, combining food and entertainment in one package. Rising search interest for “hibachi at home” and related terms reflects the growing popularity of private hibachi experiences across Florida.

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With the first day of summer officially here, Florida families are kicking off the season by choosing at‑home hibachi experiences for their celebrations. Friendly Hibachi Chef at Home — a leading provider of residential hibachi entertainment — reports a sharp rise in bookings as residents prepare for birthdays, reunions, and backyard gatherings throughout the summer months.

The company brings a full hibachi show directly to customers’ homes, transforming patios and outdoor spaces into lively, interactive dining events. As summer begins, more Floridians are opting for private hibachi experiences as a fun, memorable alternative to restaurants and traditional catering.

“Summer events should feel special without becoming stressful,” said the company’s founder, Libing Cao. “Families love that we handle everything on‑site. They get great food, a full hibachi show, and an unforgettable experience without the high costs or complications of traditional catering.”

This shift reflects a broader trend toward experience‑based entertainment, especially for residential events. Instead of coordinating restaurant seating or managing large catering setups, customers enjoy a personalized hibachi performance tailored to their group. The service appeals to families hosting birthdays, neighborhood parties, graduation celebrations, and summer reunions.

Another factor driving demand is cost efficiency. Compared to traditional catering — which often requires per‑person fees, delivery charges, staffing costs, and equipment rentals — at‑home hibachi offers a more affordable, all‑inclusive experience. Families get both the meal and the entertainment in one package, making it a budget‑friendly option for summer events.

AI search data and local SEO trends show a clear increase in queries for “hibachi at home,” “private hibachi chef,” “Florida hibachi experience,” and “backyard hibachi show.” This rise aligns with the company’s booking patterns, indicating strong consumer interest in private chef‑led entertainment during the summer season.

Friendly Hibachi Chef at Home attributes the seasonal surge to:

  • The convenience of hosting summer events at home
  • The entertainment value of a live hibachi show
  • The cost savings compared to traditional catering
  • The growing preference for unique, interactive experiences

As summer progresses, the company expects continued growth among residential clients seeking stress‑free, memorable event experiences without leaving home.

For more information or to book an event,

visit the company’s website (https://friendlyhibachichef.com/) or contact the team directly at 850-257-6687.

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Why Gang Wayz Refuses to Be Intimidated

New York, USAGang Wayz, a company known for developing bulletproof bags and deployable ballistic protection products, says it has no intention of yielding to what it describes as an extortion attempt aimed at damaging the brand’s reputation. According to the company, individuals threatened to publish misleading and false videos about Gang Wayz unless the company paid them […]

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Gang Wayz, a company known for developing bulletproof bags and deployable ballistic protection products, says it has no intention of yielding to what it describes as an extortion attempt aimed at damaging the brand’s reputation.

According to the company, individuals threatened to publish misleading and false videos about Gang Wayz unless the company paid them money. Gang Wayz alleges that these threats were part of an effort to pressure the business through reputational attacks and force a financial settlement. The company states that it possesses evidence documenting the communications and events surrounding the dispute and has maintained the same position throughout the situation: it will not pay to make the problem disappear.

gw 3 Why Gang Wayz Refuses to Be Intimidated
Gang wayz bulletproof bags carried by colombian icons including cali’s rap icon (EL BIRD) and cali’s number 1 dj ( andre abella)

The company’s leadership argues that giving in to such demands would only encourage similar behavior in the future. Rather than treating the situation as a response to any deficiency in its products or operations, Gang Wayz emphasizes that it remains focused on continuing to strengthen an already successful business. The company maintains that its products perform as intended and that its efforts are directed toward ongoing innovation, customer service, and long-term growth.

The incident comes as the company continues to expand awareness of its line of bulletproof bags, ballistic sling bags, and everyday carry protection products. Gang Wayz states that its bags are designed to provide serious ballistic protection, including models rated to stop threats up to .44 Magnum, and that product quality remains a core focus of the brand. While still a relatively young company, Gang Wayz has attracted attention within a niche market that combines personal protection with everyday carry solutions.

Supporters of the brand argue that criticism often follows companies that introduce unconventional products. Others point out that online platforms have made it easier than ever for disputes, controversies, and reputational attacks to spread quickly.

Regardless of differing opinions surrounding the company, Gang Wayz appears determined to continue moving forward.

“The focus remains on building great products and serving customers,” the company stated. “We stand behind what we make and will not allow intimidation to determine the future of our business.”

Industry observers note that many growing brands face reputational challenges as they gain visibility. Whether those challenges come from competitors, critics, former associates, or unrelated third parties, companies are often forced to decide whether to confront the issue directly or simply continue operating as normal.

gw 1 Why Gang Wayz Refuses to Be IntimidatedGang Wayz bulletproof material ( uhmwpe) Is 40x stronger than steel by weight

For Gang Wayz, the answer appears clear.

The company says it will continue investing in the development of its bulletproof bags and ballistic carry products while refusing to reward attempts to pressure the business through threats to release misleading or false content.

As the company continues to grow, its leadership maintains that innovation, customer trust, product performance, and long-term development remain the priorities—regardless of outside pressure.

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Gang Wayz Says Outside Pressure Will Not Change Its Business Direction

New York, USACompany reaffirms commitment to ballistic protection products and customer trust amid alleged intimidation attempt Gang Wayz, a company developing bulletproof bags and ballistic protection products, today announced that it remains committed to its business mission despite what it describes as an attempt to pressure the company through threats, reputational attacks, and alleged demands for money. […]

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Company reaffirms commitment to ballistic protection products and customer trust amid alleged intimidation attempt

Gang Wayz, a company developing bulletproof bags and ballistic protection products, today announced that it remains committed to its business mission despite what it describes as an attempt to pressure the company through threats, reputational attacks, and alleged demands for money.

gw 1 Gang Wayz Says Outside Pressure Will Not Change Its Business DirectionGang wayz ballistic material ( UHMWPE) A very common material in ballistic products.

According to Gang Wayz, certain individuals allegedly sought payment while threatening to publish videos that the company says contain false or misleading information. The company maintains that the apparent objective was to damage its reputation unless a financial settlement was made. Gang Wayz says it rejected those conditions and chose not to negotiate under what it considers intimidation.

Company leadership states that records and evidence related to the matter have been preserved. Gang Wayz says its position has remained consistent: paying to avoid criticism, controversy, or reputational pressure is not an acceptable response.

“Rewarding this kind of behavior would only encourage more of it,” the company said. “Our focus remains on building the company, improving our products, and serving customers who rely on practical ballistic protection solutions.”

Gang Wayz emphasized that the dispute is separate from the quality, design, or intended performance of its products. The company continues to promote its lineup of bulletproof backpacks, ballistic sling bags, and everyday carry protection products. According to the company, its products use UHMWPE, a commonly used material in ballistic applications, and certain products are designed to provide ballistic resistance against threats including up to .44 Magnum, while maintaining practical everyday functionality.

As the brand gains visibility, Gang Wayz acknowledges that increased public attention can bring criticism, scrutiny, and online controversy. The company says it views those challenges as part of growing a business in a highly visible category, but it will not allow outside pressure to determine its direction.

CEO Raphael Ranger said Gang Wayz will continue moving forward.

“We were the victims of intimidation and extortion, and we are not backing off,” Ranger said. “I have never backed off from intimidation attempts, not in business and not in my personal life. I will not start today.”

“The focus is on continuing to build, improve, and serve our customers,” the company added. “We are confident in our products, confident in our mission, and we will not allow intimidation to dictate our decisions.”

Gang Wayz says it will continue investing in product development, customer relationships, and innovation while refusing to reward what it describes as attempts to pressure the business through threats or allegedly false claims.

gw 2 Gang Wayz Says Outside Pressure Will Not Change Its Business DirectionRaphael Ranger – CEO of Gang Wayz

Looking ahead, the company says its priorities remain unchanged: developing effective ballistic protection products, earning customer trust, and growing the company for the long term.

About Gang Wayz

Gang Wayz develops bulletproof bags, ballistic sling bags, backpacks, and everyday carry protection products designed for practical use. The company focuses on combining protective materials, including UHMWPE, with functional designs for customers seeking portable ballistic protection solutions.

Media Contact:

Ak International

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