share_log

WaveTech Group, Inc. To List On Nasdaq Through Business Combination With Welsbach Technology Metals Acquisition Corp.; Pro Forma Enterprise Value Of The Combined Company Is Expected To Be ~$228M

WaveTech Group, Inc. To List On Nasdaq Through Business Combination With Welsbach Technology Metals Acquisition Corp.; Pro Forma Enterprise Value Of The Combined Company Is Expected To Be ~$228M

WaveTech Group，Inc.将通过与韦尔斯巴赫技术金属收购公司的业务合并在纳斯达克上市；合并后公司的预计企业价值预计为2.28亿美元
Benzinga Real-time News ·  2022/11/01 06:04
  • WaveTech Group, Inc. has entered into a definitive business combination agreement with Welsbach Technology Metals Acquisition Corp; upon closing, the combined company will be listed on Nasdaq under the proposed new ticker WTG.
  • WaveTech is a technology company specializing in next-generation battery-enhancing technologies.
  • Pro forma enterprise value of the combined company is expected to be approximately $228 million with a cash balance exceeding $78 million, assuming no redemptions by WTMA shareholders and before deducting anticipated transaction expenses.
  • Net proceeds at closing will allow WaveTech to scale-up its Crystal Control Technology ("CCT") for lead acid batteries and to commercialize CCT's application to other battery chemistries.
  • Business combination expected to be completed in the first quarter of 2023.
  • 波特克Group，Inc.与Welsbach Technology Metals达成了一项最终的业务合并协议采办完成交易后，合并后的公司将在纳斯达克上市，上市名称为拟议数新的股票代码风电机组.
  • 波特克是一家专门从事下一代电池增强技术的科技公司.
  • PRO形式企业价值为合并后的公司预计约为$228 百万使用现金余额超过7800万美元，假设WTMA股东没有赎回，在扣除预期交易费用之前.
  • 成交时的净收益将允许波特克扩大其用于铅酸电池的晶体控制技术(“CCT”)，并将CCT应用于其他电池化学产品。
  • 业务合并预计于2023年第一季度完成.
声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    抢沙发