Versarien acquires assets from Hanwha Aerospace; raises capital | 22 December 2020
22 December 2020 | 09:06am StockMarketWire.com - Advanced materials group Versarien said it had agreed to acquire graphene production assets and intellectual property from South Korea-based Hanwha Aerospace for £4.3 million in shares. The deal involved the issue of 11 million Versarien shares at 39.475p each. Versarien said it also had raised £3.5 million by issuing shares at 40p each to Lanstead Capital Investors. 'We are delighted to have agreed the Acquisition which complements our existing portfolio of graphene materials technology,' chief executive Neill Ricketts said. 'In particular, ...
Source: stockmarketwire.com