Fort Technology Signs Agreements for the Acquisition of Logia USA - Fuel Integrity Solutions for Data Centers Company
Fort Technology signed an agreement to acquire a 50.1% stake in Logia USA, a provider of fuel integrity solutions for data centers, for $125,000 in common shares. The transaction includes a $2 million credit facility to support U.S. expansion and an exclusive license from Logia Israel for automated fuel maintenance technology.
Key figures
- Deal Value Usd
- 125000
- Offering Price
- 0.942664
- Shares Offered
- 132603
- License fee usd
- 125000
- Credit facility usd
- 2000000
- Logia liabilities usd
- 390000
- Founder compensation usd
- 140000
- Compensation shares max value usd
- 2500000
AI analysis
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