# G6 Materials acquires GX Technologies

G6 Materials Corp. executed a definitive purchase agreement to acquire all membership interests of GX Technologies, LLC. The consideration was 25,000,000 common shares of G6 at a deemed price of C$0.20 per share, totaling C$5 million.

- Type: Acquisition
- Announced: 2021-08-04
- Where: Ronkonkoma, New York, United States
- Value: $4.00M (5.00M CAD)
- Status: completed
- Products: graphene-based solutions
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [G6 Materials Corp.](https://endata.com/companies/56882.md) (acquirer)
- [GX Technologies](https://endata.com/companies/56883.md) (target)

## Sources

- [tnw-a.thenewswire.com](https://tnw-a.thenewswire.com/press-releases/1A8vFddJN-g6-materials-signs-definitive-purchase-agreement-to-acquire-gx-technologies.html), 2021-08-04: "The acquisition of GX Technologies and the C$5.4 million of equity capital that the Transaction has already attracted marks an exciting time for our Company."
- [tnw-a.thenewswire.com](https://tnw-a.thenewswire.com/press-releases/1Be9FEN9m-g6-materials-closes-acquisition-of-gx-technologies.html), 2021-08-26: "G6 Materials Corp. today announced the closing of the previously announced acquisition of all membership interests of GX Technologies, LLC, effective August 25, 2021."

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