20. Subsequent Events

Nasdaq Listing. On July 8, 2026, the Company's common stock commenced trading on the Nasdaq Stock Market LLC under the symbol “CEPL.” Prior to the listing, the Company's common stock was quoted on OTCQX Best Market under the symbol “CGEH.” The listing did not involve the issuance of any new shares of common stock or the receipt of any proceeds by the Company.

Impact on Series A Preferred Stock. As a result of the listing of the Company's common stock on a U.S. national securities exchange (see Note 13 – Temporary Equity), the provision of the Series A Preferred Stock that would have increased the PIK dividend rate by 200 basis points per annum in the event the common stock was not listed on a U.S. national securities exchange within 18 months of the March 31, 2026 closing date is no longer applicable. In addition, the listing satisfies one of the conditions to the Company's right to require mandatory conversion of the Series A Preferred Stock into common stock, which remains subject to the additional trading-price, registration, trading-volume, and public-float conditions described in Note 13.

Shelf Registration Statement. On July 7, 2026, the Company filed a shelf registration statement on Form S-3 with the SEC which was declared effective on August 6, 2026 and permits permit the Company to offer and sell, from time to time, up to $500.0 million of common stock, preferred stock, debt securities, warrants, and/or units. The Company filed the registration statement to provide financing flexibility for general corporate purposes; no securities have been offered or sold thereunder as of the date of this Quarterly Report on Form 10-Q.

California Air Resources Board (“CARB”) Notice of Violation In August 2026, subsequent to quarter end, CARB issued a Notice of Violation (“NOV”) alleging violations of California’s Distributed Generation Certification Regulation involving 27 distributed generation units sold or leased for use in California. The NOV states that violations may result in civil penalties on a per-day, per-violation basis but does not specify an aggregate penalty amount. The Company intends to seek resolution with CARB. Because the matter is at a preliminary stage, the Company cannot reasonably estimate any resulting loss or range of loss, and no liability has been recorded as of June 30, 2026.

The Company evaluated subsequent events through the date of issuance of these financial statements and determined that no events occurred that require recognition or disclosure, other than those described above.