Beam Global to Acquire ScoutDI for $24M Base Price
Beam Global will acquire ScoutDI for a base price of $24 million, paid 10% in stock and 90% in cash. An additional earn-out is tied to 2026-2027 revenue.
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11:30:06 AM UTC
SquawkNews
Beam Global Signs Definitive Agreement To Acquire Drone Technology Company ScoutDI, Creating A Vertically Integrated U.S. Drone Platform For Industrial And Defense Markets >BEEM
11:30:19 AM UTC
SquawkNews
BEEM - Beam Global Signs Definitive Agreement to Acquire Drone Technology Company ScoutDI, Creating a Vertically Integrated U.S. Drone Platform for Industrial and Defense Markets
11:31:32 AM UTC
SquawkNews
Beam Global Signs Definitive Agreement to Acquire Drone Technology Company ScoutDI, Creating a Vertically Integrated U.S. Drone Platform for Industrial and Defense Markets
11:31:56 AM UTC
SquawkNews
Beam Global entered a definitive deal to acquire ScoutDI for approximately $24.0M in cash and stock, with potential earn-outs tied to revenue growth. Closing is expected in Nov 2026, subject to customary conditions.Material DetailsContext by AI AnalystThis is an early-stage move to enter drones and…
Beam Global entered into a Share Sale and Purchase Agreement to acquire all outstanding shares of ScoutDI, making it a wholly owned subsidiary. The $24 million base purchase price will be paid 10% in Beam Global stock and 90% in cash, with 15% held in escrow for 18 months; sellers may elect additio…