Cavitation Technologies, Inc. and Desmet Belgium S.A Sign Agreement That Will Allow CTi to Monetize Parts of Its IP Portfolio While Retaining Worldwide Exclusive Licenses in Its Primary Bu...
CAVITATION TECHS INC (CVAT)
NASDAQ:AMEX Investor Relations:
ctinanotech.com
Company Research
Source: GlobeNewswire
CHATSWORTH, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Cavitation Technologies, Inc. ("CTi" or the "Company") (OTCQB:CVAT), a leading ESG company designing and manufacturing innovative flow-through nano-technology systems for fluid processing applications worldwide, has entered into an agreement with Desmet Belgium S.A. (formerly Desmet Group S.A.) (“Desmet”) that, once the transaction is completed, will monetize for the Company certain of its U.S. and non-U.S. patents and related intellectual property that for several years have been licensed to Desmet for its use on a global basis in vegetable oil, fats and oleo applications. Under the agreement signed today, the Company will assign and transfer to Desmet several U.S. and non-U.S. patents and associated technical information that are currently licensed to Desmet (the “Assigned Patents”). The Company will also assign to Desmet ownership of two U.S. trademark registrations that CTi holds for its Nano Neutralization® and Nano React
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Sec Filings
- 11/14/24 - Form 10-Q
- 9/30/24 - Form 10-K
- 9/16/24 - Form 8-K
- CVAT's page on the SEC website