December 28, 2014 4:22 AM ET

Electrical Equipment

Company Overview of B456 Systems, Inc.

Company Overview

On June 28, 2013, B456 Systems, Inc. went out of business as per its Chapter 11 liquidation filing under bankruptcy. B456 Systems, Inc. has completed the sale of substantially all of its assets to Wanxiang America Corporation and Navitas Systems LLC that was approved by the United States Bankruptcy Court for the District of Delaware. Previously, it was engaged in the design, development, manufacture, and sale of rechargeable lithium-ion batteries and energy storage systems worldwide. The company was formerly known as A123 Systems, Inc. and changed its name to B456 Systems, Inc. in March 2013. B456 Systems, Inc. was founded in 2001 and is based in Waltham, Massachusetts. On October 16, 2012, ...

200 West Street

Waltham, MA 02451

United States

Founded in 2001

1,983 Employees

Phone:

617-778-5700

Key Executives for B456 Systems, Inc.

B456 Systems, Inc. does not have any Key Executives recorded.

B456 Systems, Inc. Key Developments

B456 Systems, Inc. Files Form 15

B456 Systems, Inc. announced that it has filed Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock of par value $0.001 per share under the Securities Exchange Act of 1934, as amended.

B456 Systems, Inc. Announces the Formation of A123 Venture Technologies

B456 Systems, Inc. announced that it is forming a new division called A123 Venture Technologies with the purpose of establishing strategic partnerships around game changing energy storage initiatives. A123 Venture Technologies will assist its strategic partners needing infrastructure to mature and commercialize their technologies by providing access to A123's world-class test and development laboratories located in Waltham and Hopkinton, Massachusetts and Romulus, Michigan. This new business model provides strategic partners with extraordinary access to early phase technology development assets as well as long term manufacturing scale up and market channels, shortening the path to commercialization. The launch of A123 Venture Technologies is a positive step by A123 Systems, LLC towards a lasting commitment of engagement and collaboration with the broader energy storage community of innovators; a commitment with the ultimate goal to accelerate the next generation alternatives to market by leveraging investments made by A123 over the prior decade.

B456 Systems, Inc. Announces Change of Auditor

On April 2, 2013, B456 Systems, Inc. dismissed its independent registered public accounting firm, Deloitte & Touche LLP. The company’s decision to dismiss the former Accountant was approved by its board of directors on April 2, 2013. On April 2, 2013, the board of directors of the company approved the appointment of Moody, Famiglietti & Andronico, LLP, independent registered accountants, as its independent accountant following the dismissal of the former accountant.

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