Montana Technologies Announces Private Placement Financing [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
of AirJoule ® , a transformational atmospheric thermal energy and water harvesting technology, today announced that it has entered into subscription agreements for a private placement financing (the "PIPE") with existing and new investors to sell an aggregate of approximately 1.2 million shares of common stock, which is expected to result in gross proceeds of approximately $12 million. Matt Jore, CEO of Montana Technologies, said, "AirJoule ® , which has the most advanced energetics in the market, is truly a transformational technology that offers a potential solution to global water scarcity and the increased demand for comfort cooling. The proceeds raised through our PIPE announced today will be used to expedite the commercialization of the AirJoule ® system to deliver on the significant end market demand." Montana Technologies continues to advance the newest variation of its pre-production AirJoule ® unit, which utilizes Metal Organic Framework ("MOF") coated contactors, in con
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GEV
Earnings
- 4/26/24 - Miss
GEV
Sec Filings
- 6/5/24 - Form 4
- 6/5/24 - Form 4
- 6/5/24 - Form 4
- GEV's page on the SEC website