Gexa (NASDAQ:GEXA)
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From Jun 2019 to Jun 2024
Gexa Corp. (Nasdaq:GEXA), a leading Texas retail
electricity provider, today announced the following statement.
In connection with our proposed merger with an indirect
wholly-owned subsidiary of FPL Group, Inc. ("FPL Group"), Gexa has
recently discovered that shareholders calling Gexa's toll free number
related to the merger may have received erroneous information
regarding the 10-day average FPL Group common stock closing price and
preliminary calculations of the amount of FPL Group common stock to be
received by such shareholders in the merger. Gexa promptly corrected
the erroneous information available through the toll free number.
Shareholders are advised to contact the toll free number at
877-229-9284 to update or correct any information they may have
previously received through Gexa's toll free line.
About Gexa Corp.: Gexa Corp. (d/b/a Gexa Energy) is a retail
electricity provider currently serving residential and commercial
customers in Texas and Massachusetts. The Company offers customers in
restructured retail energy markets competitive prices, pricing
choices, and customer friendly service.
Forward-Looking Statements:
This press release includes "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact are
forward-looking statements. Forward-looking statements are subject to
certain risks, trends and uncertainties that could cause actual
results to differ materially from those projected. Among those risks,
trends and uncertainties are our estimate of the sufficiency of
existing capital sources, our ability to raise additional capital to
fund future operations, our assumptions regarding the competitive
restructuring and deregulation of the electricity market, our
competition from utility companies, our dependence on the services of
certain key personnel and our ability to manage our growth
successfully. In particular, careful consideration should be given to
cautionary statements made in the various reports Gexa Corp. files
with the Securities and Exchange Commission. The Company undertakes no
duty to update or revise these forward-looking statements.
Additional Information on Transaction:
FPL Group has filed a registration statement on Form S-4 (File No.
333-124438), including a proxy statement of Gexa Corp. ("Gexa") and
FPL Group's prospectus and other relevant documents with the
Securities and Exchange Commission ("SEC") concerning the proposed
transaction. You are urged to read the registration statement
containing the proxy statement/prospectus (including all amendments
and supplements) and any other relevant documents filed or that will
be filed with the SEC because they contain or will contain important
information about FPL Group, GEXA and the proposed transaction.
You may obtain the registration statement containing the proxy
statement/prospectus and the other documents, as well as other filings
containing information about FPL Group and Gexa, free of charge at the
SEC's web site, www.sec.gov. In addition, they may also be obtained
for free from FPL Group by directing a request to FPL Group, Inc. 700
Universe Blvd., Juno Beach, Florida, 33408, Attention: Investor
Relations and from GEXA by directing a request to GEXA Corp., 20
Greenway Plaza, Suite 600, Houston, Texas, 77046, Attention: Dave
Holeman.
FPL Group, GEXA and their respective directors and executive
officers and other members of management and employees, may be deemed
to be participants in the solicitation of proxies from the
stockholders of GEXA in connection with the transaction. Information
about the direct or indirect interests of FPL Group is set forth in
its report on Schedule 13D filed with the SEC. Information about the
directors and executive officers of FPL Group is set forth in its
proxy statement for its 2005 annual meeting of shareholders and its
annual report on Form 10-K for the fiscal year ended 2004 and
information about the directors and executive officers of GEXA and
their ownership of GEXA stock is set forth in the report on Form
10-K/A of GEXA filed April 29, 2005, the ownership reports of such
persons on Schedule 13D and Forms 3 and 4 filed with the SEC and in
the registration statement and the proxy statement/prospectus. You may
obtain additional information regarding the interests of such
potential participants by reading the proxy statement/prospectus and
other relevant documents filed with the SEC.