Aqua Metals To Acquire Lion Energy In All-Stock Deal
Benzinga Newsdesk 9 months ago
M&A
At the closing, Lion Energy owners would receive approximately $25.8 million of Aqua Metals capital stock. The Lion Energy owners would also be entitled to receive up to $65 million of additional shares of Aqua Metals'
At the closing, Lion Energy owners would receive approximately $25.8 million of Aqua Metals capital stock. The Lion Energy owners would also be entitled to receive up to $65 million of additional shares of Aqua Metals' capital stock based on Lion Energy's revenue and EBITDA over the 12 month-period following the closing of the transaction.
