M&A
confidence medium
sentiment neutral
materiality 0.20
TipMeFast signs LOI to acquire Lucent; Lucent owns Dijiya with >$5M assets
Lucent, Inc.
- On March 18, 2024, TipMeFast entered a Letter Of Intent to acquire Lucent, Inc.; parties to negotiate definitive agreement.
- Lucent has acquired Dijiya Energy Saving Technology Inc., a Taiwan-based EV battery cell manufacturer with asset value >$5 million.
- Lucent's management expects to finalize negotiations for an additional technology producer.
- No financial terms of the proposed acquisition have been disclosed.