Green Equity - November 26, 2024
News about stocks involved in environmental markets.
Green Equity is a daily series dedicated to tracking emerging investment opportunities in environmental markets. Notable events include green investments, fundraising, M&A, and new public listings.
News From Public Companies
Bolt Projects Holdings (BSLK) has entered a Securities Purchase Agreement to sell over 1 million shares of common stock at $0.34 per share, raising approximately $360,000. The private placement involves key executives and is expected to close by December 2024.
Charbone Hydrogen (CH.V) has raised $700,000 in the first closing of a $1 million non-brokered private placement to advance its flagship green hydrogen production facility in Quebec, which is set to begin operations in the coming weeks. The financing supports engineering, construction, and equipment procurement at the Sorel-Tracy site.
Eos Energy Enterprises (EOSE) has signed a Memorandum of Understanding (MOU) with Wabash to streamline the supply chain for its long-duration battery energy storage systems (BESS). The partnership aims to leverage Wabash's manufacturing and logistics expertise to enhance Eos’ production scalability.
NANO Nuclear Energy (NNE) and Everstar completed a pilot project integrating AI-driven compliance tools to streamline nuclear regulatory and licensing workflows.
Prime Drink Group (PRME.CN) has entered into a letter of intent to acquire Beach Day Every Day, a leading brand in Québec's ready-to-drink beverage sector, for C$22.5 million. The deal involves a cash payment of C$12.5 million to Champlain Prime Investments and C$10 million to Prime Affichage in the form of common shares at $0.25 each. This acquisition will support Prime's growth strategy, adding a premium brand to its portfolio with significant expansion potential in Canada and the U.S.