Versarien, which previously announced it had been “receiving multiple offers” for the accelerated sale of its intellectual property and shares, is now in advanced talks with a UK-listed company, according to a recent statement.
Versarien said it has now signed a non-binding agreement with the third party for the disposal of its “remaining material assets and subsidiaries”, and has entered into a period of exclusivity until 30 November. Under the terms of the offer, the acquirer will purchase Versarien’s shares in Total Carbide and Gnanomat, together with the patent and trademark portfolio held by Versarien and related graphene production equipment.
Versarien, which previously announced it had been “receiving multiple offers” for the accelerated sale of its intellectual property and shares, is now in advanced talks with a UK-listed company, according to a recent statement.Versarien said it has now signed a non-binding agreement with the third party for the disposal of its “remaining material assets and subsidiaries”, and has entered into a period of exclusivity until 30 November. Under the terms of the offer, the acquirer will purchase Versarien’s shares in Total Carbide and Gnanomat, together with the patent and trademark portfolio held by Versarien and related graphene production equipment.
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