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FormerXBC Inc XEBEQ

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

Post by chiefdaleon Oct 20, 2022 8:15pm
334 Views
Post# 35037853

SISP udate details

SISP udate details477 targeted potential bidders worlwide received the NDA Non-Draft Disclosure agreement, composed of 141 strategic parties, 324 financial sponsors and 12 special purpose acquisition companies. Out of these parties:

a) 44 entered into a NDA to conduct a due diligence process
b) 18 are currently in communication with the SISP manager regardins terms of NDA and are expected to execute one
c) 110 of those parties declined interest 
d) Onde party submitted a letter of intent, but was advises that the SISP timeline as initially presented was being maintained and was encouraged to submit an offer in conformity with the bidding procedures order.
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