NOVONIX Announces Completion of Due Diligence for Combination of Natural Graphite Interests into Axon Graphite
NOVONIX Limited (NVX)
NASDAQ:AMEX Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=nac
Company Research
Source: GlobeNewswire
BRISBANE, Australia, May 16, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that due diligence has been satisfactorily completed for both NOVONIX and Lithium Energy Limited (ASX: LEL)(“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”). As previously announced, NOVONIX has agreed to divest MD South Tenements Pty Ltd, its wholly owned subsidiary that holds the Mount Dromedary natural graphite exploration interests, to Axon Graphite Limited, a subsidiary of LEL. LEL will contribute its interest in its Burke and Corella graphite projects to Axon pursuant to the agreement. As consideration for the transaction, NOVONIX will receive shares in Axon, which the parties intend to list on the Australian Securities Exchange (“ASX”). The transaction is subject to the completion of the proposed initial public offering (“IPO”) of A
Show less
Read more
Impact Snapshot
Event Time:
NVX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NVX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NVX alerts
High impacting NOVONIX Limited news events
Weekly update
A roundup of the hottest topics
NVX
News
- New green energy hub at Dalhousie will spark climate change solutions [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- United States Government to Reinstate Section 301 Import Tariffs on Artificial Graphite from ChinaGlobeNewswire
- NOVONIX Limited (NASDAQ: NVX) is now covered by analysts at Chardan Capital. They set a "buy" rating and a $4.00 price target on the stock.MarketBeat
- NOVONIX Completes Independent Engineering Assessment of Riverside Facility [Yahoo! Finance]Yahoo! Finance
- NOVONIX Completes Independent Engineering Assessment of Riverside FacilityGlobeNewswire
NVX
Sec Filings
- 6/20/24 - Form 6-K
- 6/14/24 - Form 6-K
- 6/13/24 - Form 6-K
- NVX's page on the SEC website