Electrified Materials signs binding LOI to acquire Blackion
American Resources Corporation’s Electrified Materials signed a binding LOI to acquire Blackion for an all-stock deal valued at about $13.2 million, based on a $275 million pre-money valuation of Electrified Materials.
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12:01:11 PM UTC
SquawkNews
Strategic all-stock transaction values Blackion at approximately $13.2 million based on a $275 million pre-money valuation of Electrified Materials CorporationAcquisition adds experienced management, commercial feedstock origination, battery lifecycle management and customer relationships while acc…