noco-noco to Acquire X-SEPA™ Separator and Lithium-ion Battery Development Company noco-tech
Ltd. has entered into a Sales and Purchase Agreement to acquire noco-tech Inc. (“noco-tech”), a technology innovator from 3DOM Alliance Inc. (“3DOM”).
- Ltd. has entered into a Sales and Purchase Agreement to acquire noco-tech Inc. (“noco-tech”), a technology innovator from 3DOM Alliance Inc. (“3DOM”).
- The agreement includes an indefinite license to produce and market the X-SEPA™ separator technology developed by 3DOM.
- Under the terms of the transaction, noco-noco will issue up to twenty-five million new shares at US$2 per share to fund the acquisition.
- noco-tech is the 3DOM subsidiary focused on research and development (“R&D”) innovation and battery technology production.