Associated tags: ASX, NVX, Admiral, RET, USN, Renewable energy
Locations: NOVA SCOTIA, NEW YORK, TN, SAUDI ARABIA, INDIA, EUROPE, NEW ZEALAND, LA, NEW ORLEANS, NEW YORK CITY, QUEENSLAND, SAINT THOMAS, GERMANY, SPAIN, BRISBANE, AU, NAGA, CHINA, NORTH AMERICA, AUSTRALIA, TENNESSEE
Retrieved on:
Tuesday, February 1, 2022
Professional Services,
Engineering,
Chemicals,
Plastics,
Manufacturing,
Finance,
Other Manufacturing,
Bank,
Australian Securities Exchange,
Sale,
U.S. Securities and Exchange Commission,
NASDAQ,
ADR,
BNY Mellon,
American depositary receipt,
Admiral,
State Sponsors of Terrorism (U.S. list),
Securities Act of 1933,
RET,
ASX,
Program,
Nasdaq,
Level 2,
Company,
Level,
Industry,
NVX,
USN,
OTCQX,
F-6,
Security (finance),
Lithium The Bank of New York Mellon has been appointed depositary, custodian and registrar for the Level II ADR program.
Key Points:
- The Bank of New York Mellon has been appointed depositary, custodian and registrar for the Level II ADR program.
- Under the Level II program, the ADRs are based on NOVONIXs ordinary shares currently on issue.
- Each ADR represents four (4) fully paid shares of NOVONIX.
- The establishment of the program by NOVONIX is not a public offering or issuance of new NOVONIX ordinary shares.
Other Energy,
Technology,
Manufacturing,
Other Technology,
Alternative Energy,
Energy,
Other Manufacturing,
CEO,
Project,
USD,
Private Securities Litigation Reform Act,
Motor vehicle,
Communication,
VWAP,
Technology,
Securities Act of 1933,
ASX,
VDA,
Partnership,
United,
NMC,
LFP,
KORE,
Share (finance),
Tier 1,
Securities Exchange Act of 1934,
Buckeye, Arizona,
Industry,
NVX,
Multimedia,
OTC,
Supply,
Lithium,
Security (finance),
Renewable energy,
Electric battery,
NOVONIX,
KORE Power,
NOVONIX,
KORE POWER NOVONIX Limited (ASX: NVX, OTC: NVNXF) (NOVONIX), an advanced battery materials and technology company, today announced the execution of definitive transaction agreements and closing of its investment and supply agreements with KORE Power, Inc. (KORE Power) to advance and strengthen the domestic lithium-ion battery supply chain.
Key Points:
- NOVONIX Limited (ASX: NVX, OTC: NVNXF) (NOVONIX), an advanced battery materials and technology company, today announced the execution of definitive transaction agreements and closing of its investment and supply agreements with KORE Power, Inc. (KORE Power) to advance and strengthen the domestic lithium-ion battery supply chain.
- Under the terms of a Securities Purchase Agreement entered into between NOVONIX and KORE, NOVONIX has purchased 3,333,333 shares of KORE Power common stock ("Shares") at an issue price of USD $7.50 per share, representing approximately 5% of the common equity of KORE Power.
- An Appendix 2A has been lodged with ASX today with respect to the NOVONIX Shares issued to KORE Power.
- As part of the transaction, NOVONIX and KORE Power have also entered into a binding Supply Agreement, under which NOVONIX will become the exclusive supplier to KORE Powers U.S. large scale battery cell manufacturing facility.
Retrieved on:
Tuesday, January 25, 2022
Chemicals,
Plastics,
Utilities,
Manufacturing,
Alternative Energy,
Energy,
Other Manufacturing,
Energy Independence and Security Act of 2007,
Buckeye, Arizona,
Industry,
Motor vehicle,
Securities Exchange Act of 1934,
Private Securities Litigation Reform Act,
Letter,
Securities Act of 1933,
VDA,
Kilowatt-hour,
Multimedia,
LFP,
Cell,
Communication,
KORE,
Documentation,
Technology,
United,
NMC,
Tier 1,
ASX,
CEO,
Partnership,
Fine chemical,
Lithium,
Renewable energy,
Electric battery,
Share (finance),
NOVONIX,
KORE Power,
NOVONIX,
KORE POWER NOVONIX and KORE Power began working together in 2019 when the parties entered into testing agreements to focus on validation and development of KORE Powers battery cell technologies.
Key Points:
- NOVONIX and KORE Power began working together in 2019 when the parties entered into testing agreements to focus on validation and development of KORE Powers battery cell technologies.
- Under the proposed Securities Purchase Agreement, NOVONIX would agree to purchase 3,333,333 shares of KORE Power common stock ("Shares") at an issue price of $7.50 per share.
- Simultaneously with the contemplated investment, NOVONIX and KORE Power shall enter into a supply agreement on mutually agreed terms.
- Optimized by its battery management system, KORE Power designs and manufactures its proprietary NMC and LFP cells, VDA modules and packs.
Chemicals,
Plastics,
Other Energy,
Manufacturing,
Alternative Energy,
Energy,
Other Manufacturing,
Securities Exchange Act of 1934,
VDA,
Technology,
Tier 1,
Documentation,
Private Securities Litigation Reform Act,
LFP,
Kilowatt-hour,
CEO,
Buckeye, Arizona,
ASX,
KORE,
OTC,
Industry,
Motor vehicle,
NVX,
United,
Letter,
Communication,
Cell,
Energy Independence and Security Act of 2007,
NMC,
Partnership,
Securities Act of 1933,
Fine chemical,
Lithium,
Renewable energy,
Electric battery,
Share (finance),
NOVONIX,
KORE Power,
NOVONIX,
KORE POWER NOVONIX and KORE Power began working together in 2019 when the parties entered into testing agreements to focus on validation and development of KORE Powers battery cell technologies.
Key Points:
- NOVONIX and KORE Power began working together in 2019 when the parties entered into testing agreements to focus on validation and development of KORE Powers battery cell technologies.
- NOVONIX and KORE Power have been actively working together to improve battery technology utilizing NOVONIXs proprietary cell testing technologies, and these agreements deepen our longstanding collaboration, said Dr. Chris Burns, NOVONIX Co-Founder and CEO.
- Under the proposed Securities Purchase Agreement, NOVONIX would agree to purchase 3,333,333 shares of KORE Power common stock ("Shares") at an issue price of $7.50 per share.
- Simultaneously with the contemplated investment, NOVONIX and KORE Power shall enter into a supply agreement on mutually agreed terms.
Retrieved on:
Wednesday, January 19, 2022
Other Manufacturing,
Finance,
Other Energy,
Transport,
Chemicals,
Plastics,
Oil,
Gas,
Professional Services,
Manufacturing,
Energy,
Logistics,
Supply Chain Management,
Energy,
Securities Exchange Act of 1934,
Forward-looking statement,
Research,
Technology,
Phillips,
D,
Innovation,
NYSE,
Growth,
Safety,
Intellectual property,
ASX,
U.S. Securities and Exchange Commission,
OTC,
Industry,
NVX,
Specialty,
Phillips 66,
Marketing,
Twitter,
Security (finance),
Energy Independence and Security Act of 2007,
Partnership,
Securities Act of 1933,
Electric battery,
Phillips 66,
NOVONIX,
PHILLIPS 66,
NOVONIX Phillips 66 (NYSE: PSX) and NOVONIX Limited (ASX: NVX, OTC: NVNXF) today announced they have signed a technology development agreement to advance the production and commercialization of next-generation anode materials for lithium-ion batteries.
Key Points:
- Phillips 66 (NYSE: PSX) and NOVONIX Limited (ASX: NVX, OTC: NVNXF) today announced they have signed a technology development agreement to advance the production and commercialization of next-generation anode materials for lithium-ion batteries.
- Phillips 66 became a major investor in NOVONIX in September of 2021, when it acquired a 16% stake in the company.
- The investment is supporting NOVONIXs growth as it scales up production and develops new technologies for higher-performance energy storage applications.
- Phillips 66 is a leading global manufacturer of specialty coke, a key precursor to the synthetic graphite anode material NOVONIX produces.
Professional Services,
Chemicals,
Plastics,
Oil,
Gas,
Manufacturing,
Energy,
Finance,
Phillips,
U.S. Securities and Exchange Commission,
Securities Exchange Act of 1934,
CEO,
Phillips 66,
Specialty,
ASX,
Partner,
Industry,
Partnership,
Growth,
Multimedia,
OTC,
NYSE,
Forward-looking statement,
Securities Act of 1933,
Marketing,
PSX,
Safety,
NVX,
Security (finance),
Twitter,
Energy Independence and Security Act of 2007,
Management,
Electric battery,
Bank,
Phillips 66,
NOVONIX,
PHILLIPS 66,
NOVONIX Key Points:
- View the full release here: https://www.businesswire.com/news/home/20210809005472/en/
This strategic investment enables Phillips 66 to directly support the development of the U.S. battery supply chain, said Greg Garland, Chairman and CEO of Phillips 66.
- We look forward to continuing to build our relationship with Phillips 66 as both a strategic partner and investor.
- Under the terms of the agreement, Phillips 66 will subscribe for 77,962,578 ordinary shares of NOVONIX for a total purchase price of US$150 million.
- The investment by Phillips 66 will support a capacity expansion of an additional 30,000 mt/year, which is expected to be completed by 2025.