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Cadiz Inc. Announces Agreement To Acquire Water Treatment Technology Company Atec Systems

PRIVATEOct 25, 2022

Acquiring Company

Hypercraft

Acquired Company

ATEC SYSTEMS

ProvoInformation TechnologyArtificial IntelligenceMachine LearningNatural Language Processing

Description

Cadiz Inc. (NASDAQ: CDZI, CDZIP) ("Cadiz," the "Company") today announced a definitive agreement to acquire ATEC Systems, Inc., ("ATEC"), a leading provider of technologically-advanced, cost-effective groundwater filtration systems for community, municipal, agricultural and industrial use.

Quick answer

Hypercraft is acquiring ATEC SYSTEMS, announced October 25, 2022. Hypercraft is based in Provo, Utah, United States.

How much did Hypercraft pay for ATEC SYSTEMS?
The deal value was not disclosed.
What does Hypercraft do?
Hypercraft believes in a future where innovators have greater access to the best mobility technologies.
Where are Hypercraft and ATEC SYSTEMS based?
Hypercraft is based in Provo, Utah, United States.
Who are the decision-makers at Hypercraft?
Fundz holds 1 contact at Hypercraft. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Hypercraft

Location

1200 TOWNE CENTRE BLVD

Provo, Utah, United States

About

Hypercraft believes in a future where innovators have greater access to the best mobility technologies. We are unleashing the unlimited performance potential of advanced propulsion and software-defined technologies in every motorized industry vertical. The future is powered by Hypercraft.

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Frequently asked

Who acquired ATEC SYSTEMS?

ATEC SYSTEMS was acquired by Hypercraft, based in Provo. The deal was reported on October 25, 2022. Hypercraft believes in a future where innovators have greater access to the best mobility technologies. Hypercraft is privately held and operates in Information Technology.

When did Hypercraft acquire ATEC SYSTEMS?

Hypercraft's acquisition of ATEC SYSTEMS was reported on October 25, 2022. Cadiz Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ATEC SYSTEMS do?

ATEC SYSTEMS is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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