Comstock Acquires Substantially All Of The Equity In GenMat; No Terms Disclosed
Comstock Acquires Substantially All Of The Equity In GenMat; No Terms Disclosed
Comstock and GenMat agreed to terminate each of their prior agreements as part of the new acquisition agreement. Comstock expects to efficiently operate, integrate, and commercialize GenMat.The deal includes GenMat's artificial intelligence materials discovery platform, materials synthesis, and related assets, business, and most of the related technical team.
该交易包括GenMat的人工智能材料发现平台、材料合成和相关资产、业务，以及大部分相关技术团队。
Concurrently, as part of the acquisition of GenMat, Deep Prasad's holding company will be receiving GenMat's consolidated satellite, mission control software, other related low earth orbit assets, and space team.
同时，作为对GenMat收购的一部分，Deep Prasad的控股公司将收到GenMat的综合卫星、任务控制软件、其他相关低地球轨道资产和太空团队。
Comstock's original 2021 investment agreement with GenMat called for a milestone-based investment of $50 million for 50% of GenMat's fully diluted equity, including about $15 million previously paid by Comstock.
Comstock与GenMat之间原始的2021年投资协议要求基于里程碑的投资为5000万美元，获得GenMat全部稀释股权的50%，其中包括Comstock先前支付的约1500万美元。
Comstock and GenMat agreed to terminate each of their prior agreements as part of the new acquisition agreement. Comstock expects to efficiently operate, integrate, and commercialize GenMat.
Comstock和GenMat同意终止他们以前的每份协议作为新收购协议的一部分。Comstock希望高效运营、整合和商业化GenMat。
