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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.

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