Ideanomics to Acquire US Wireless Charging Provider WAVE
New York City, Jan 8, 2021 (Issuewire.com) – Ideanomics (NASDAQ: IDEX) announced it has signed a definitive agreement to acquire 100% of privately held Wireless Advanced Vehicle Electrification, Inc. (“WAVE”) for cash and stock consideration, the material terms of which are disclosed in the Company’s related 8-K filing. Roth Capital Partners acted as an advisor to WAVE on the transaction. The acquisition is subject to customary closing conditions. WAVE was founded in 2011 and is a leading provider of wireless charging systems for commercial EVs. Its technology is proven in the field…
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