AirJoule Technologies Acquires BitSink, A Designer And Manufacturer Of Cooling, Electrical Distribution And Racking Infrastructure For Data Centers For $18M In Cash And $9M In AIRJ Stock
The transaction also includes up to $40 million of additional consideration payable in AIRJ common stock based on BitSink achieving revenue milestones over the three calendar years following closing, aligning a majority
AirJoule bought BitSink, a company that makes cooling equipment for data centers. Watch if BitSink hits its money goals, since that unlocks extra payments for AirJoule.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.