Cavitation Technologies, Inc. CVAT
BrightFlixx Finance (Luxembourg) S.A. is buying Cavitation Technologies, Inc. (CVAT), paying holders in cash, a deal worth $35M, expected to close Jan 26, 2027. Develops nano cavitation technologies for water and wastewater treatment and licenses technology for alcoholic beverage enhancement through its subsidiary.
Filed
The deal
BrightFlixx Finance (Luxembourg) S.A. is acquiring Cavitation Technologies, Inc. (CVAT), which develops nano cavitation technologies for water and wastewater treatment and licenses technology for alcoholic beverage enhancement through its subsidiary. Shareholders will receive cash equal to a net aggregate price of $35,000,000 less the outstanding liabilities of Company as of the close of the Record Date, divided by the total number of CVAT Shares outstanding as of the close of the Record Date.
The deal is initially scheduled to expire at 11:59 p.m., Pacific Time on January 26, 2027, subject to extension. Closing requires CFIUS review and conclusion of all action under Section 721 of the Defense Production Act of 1950 and successful consummation of the ABI Offer.