Gnanomat and Versarien has reached an agreement to bring the nanomaterials developed by Gnanomat to supercaps market in the following years. Versarien acquires Gnanomat S.L. placing 750,000 € in cash, the issue of new shares in GNA to Versarien, and the issue of new ordinary shares of Versarien to existing GNA shareholders.
In a move that significantly strengthens its ambitious growth plans, Gnanomat plans to use the funds to boost the development and scaling of its nanomaterials, new electrode materials capable to compete in the market and to improve electrochemical properties of commercial energy storage devices.