# Hope Well Capital to acquire Forward Water Technologies

Hope Well Capital Corp. has entered into a letter of intent to acquire all securities of Forward Water Technologies Inc., a developer of industrial wastewater treatment systems, in a reverse take-over transaction.

- Type: Acquisition
- Announced: 2021-02-09
- Where: Toronto, Ontario, Canada
- Status: announced
- Products: industrial wastewater treatment system
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Forward Water Technologies](https://endata.com/companies/45168.md) (target)
- [Hope Well Capital Corp.](https://endata.com/companies/53136.md) (acquirer)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/hope-well-capital-corp-announces-loi-to-acquire-forward-water-technologies-inc--875009012.html), 2021-02-09: "With the financial strength FWT acquires from this merger and concurrent capital raise, FWT will be able to drive adoption in the global opportunities it has already identified."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.