Energy and Water Development Corp (OTCQB:EAWD); Announces Effectiveness of Registration Statement on Form S-1

ST. PETERSBURG, FL / ACCESSWIRE / May 8, 2023 / Energy and Water Development Corp (EAWD) (OTCQB:EAWD) is pleased to announce that the U.S. Securities and Exchange Commission (SEC) has declared its registration statement on Form S-1 effective on May 5, 2023. The registration statement was filed to register up to 145,533,359 shares of common stock for resale by the Selling Stockholders, representing approximately 74% of the total issued and outstanding shares of common stock of the Company.

EAWD is a global engineering company that designs and develops State of the Art Sustainable solutions for Energy and Water Generation such as Self-Sufficient Energy Supplied Atmosphere Water Generation Systems and Off-Grid Electric Vehicle Charging Stations with its game-changing technologies. The declaration of effectiveness by the SEC does not imply that the SEC has approved or opined on the merits of the offering.

Only the shareholders named in the registration statement (the "Selling Stockholders") may use the related prospectus to resell their common shares. This announcement does not constitute an offer or sale of, or the solicitation of an offer to buy, securities of the Company nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The registration statement on Form S-1 is an important step for EAWD as it provides a platform for the selling stockholders to offer their common shares to the public. EAWD is committed to delivering sustainable solutions for energy and water generation, and this announcement marks a significant milestone in the Company's growth strategy.

About EAWD

EAWD is a global engineering company that designs and develops State of the Art Sustainable solutions for Energy and Water Generation such as Self Sufficient Energy Supplied Atmosphere Water Generation (eAWGs) and Off Grid Charging Electric Vehicles ("EVs") with its game-changing technologies. EAWD is committed to delivering sustainable solutions for Energy and Water Generation to help mitigate the challenges of climate change. For more information, please visit the Company's website at https://www.energy-water.com/.