SUMMER ENERGY PREPARING APPLICATION FOR TRADING ON OTC MARKETS

HOUSTON, Dec. 15, 2021 /PRNewswire/ -- Summer Energy Holdings, Inc., (the "Company"), a provider of retail electricity to commercial and residential customers in designated target markets within the states of Texas, Massachusetts, New Hampshire, and Ohio, announced today that the Company is in the process of preparing its application filing for listing on the OTC Markets, and that additional information will be provided as it comes available.

This news release contains forward-looking statements relating to the proposed listing of the Company's securities. Forward-looking statements are often identified by terms such as "will," "may," "should," "intends," "anticipates," "expects," "plans," and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Company's efforts to list its securities on the OTC Markets will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the OTC Markets, and the risk that the Company will not be successful in its efforts in a timely manner. There can be no assurance that any forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The Company cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward- looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company expressly disclaims any obligation or intention to will only update or revise publicly any of the included forward-looking statements except as expressly required by applicable laws.

SOURCE Summer Energy Holdings, Inc.