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FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

FormerXBC Inc > Acquisition News - 30 dec 2020
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Post by ZouZS3on Dec 29, 2020 11:01pm
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Post# 32194900

Acquisition News - 30 dec 2020

Acquisition News - 30 dec 2020
A consideration of 82 million. HyGear shareholders will receive 42 million in cash at closing and the balance in Xebec common stock at the weighted average trading price for the last 15 days prior to December 8, 2020 , which shares will be listed on the TSX Venture Exchange in Toronto, Canada. The acquisition is expected to close on or about December 30, 2020
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