Breaking

G6 Materials Raises $5 Million CAD to Acquire GO Application Developer Gx Technologies

418views 0

Share it!

BREAKING

G6 Materials Raises $5 Million CAD to Acquire GO Application Developer Gx Technologies

418views 0

Share it!

G6 Materials, formerly named Graphene 3D Lab has planned to raise $5 million CAD, with plans to acquire GX Technologies in an all-share deal, with a general value of $7.5 million CAD. The fundraising is planned to occur through a non-brokered offering.

Following a spike in revenues, by about 383%, following strong customer demand for their air purification products, they are looking to acquire GX Technologies for their increasing development of graphene oxide-based membranes, including a R&D agreement with the US Army Corps of Engineers.

Source

Photo by Alesia Kazantceva on Unsplash

Alvin Leslie

Paragraf Announces the Creation of a New, Graphene-based Hall Effect Sensor

GS Alliance Develops New Composite Material Using Graphene

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>