Acquiring Company
NanoXplore
Acquired Company
XG SCIENCES INC
Montreal
LansingManufacturingnanotechnologyManufacturingDescription
NanoXplore Inc. (“NanoXplore”) (TSX: GRA and OTCQX: NNXPF), world-leading graphene company, is pleased to announce today that it was the winning bidder for a significant portion of the assets of XG Sciences Inc. (“XG Sciences”, “XG”, or the “Company”) in a sale conducted by XG’s senior secured creditor pursuant to Article 9 of Michigan’s enactment of the Uniform Commercial Code. NanoXplore and the senior creditor have entered into an asset purchase agreement pursuant to which NanoXplore is acquiring XG’s mechanical milling platform, research and development lab and all issued and pending patents and trademarks, among other items. The payment of this transaction is paid in cash without any share issuance.
Quick answer
NanoXplore is acquiring XG SCIENCES INC, announced August 29, 2022. NanoXplore is based in Montreal, Quebec, Canada.
- How much did NanoXplore pay for XG SCIENCES INC?
- The deal value was not disclosed.
- What does NanoXplore do?
- NanoXplore is a graphene company, a manufacturer and supplier of superior quality and high-volume graphene powder for use in transportation and industrial markets.
- Where are NanoXplore and XG SCIENCES INC based?
- NanoXplore is based in Montreal, Quebec, Canada. XG SCIENCES INC is based in Lansing, Michigan, United States.
- Who are the decision-makers at NanoXplore?
- Fundz holds 1 contact at NanoXplore. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at NanoXplore, and when
When NanoXplore changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day NanoXplore raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NanoXplore, from your own LinkedIn network
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Frequently asked
Who acquired XG SCIENCES INC?
XG SCIENCES INC was acquired by NanoXplore, based in Montreal. The deal was reported on August 29, 2022. NanoXplore is a graphene company, a manufacturer and supplier of superior quality and high-volume graphene powder for use in transportation and industrial markets. NanoXplore is privately held and operates in Manufacturing.
When did NanoXplore acquire XG SCIENCES INC?
NanoXplore's acquisition of XG SCIENCES INC was reported on August 29, 2022. NanoXplore Inc. (“NanoXplore”) (TSX: GRA and OTCQX: NNXPF), world-leading graphene company, is pleased to announce today that it was the winning bidder for a significant portion of the assets of XG Sciences Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does XG SCIENCES INC do?
XG Sciences, Inc. is a privately held corporation with headquarters in Lansing, MI serving customers around the world. We manufacture xGnP It is privately held, operating in Manufacturing, and is based in Lansing.
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