M&A
confidence high
sentiment positive
materiality 0.75
Global Technologies signs LOI to acquire Tersus Power, entering hydrogen fueling market
GLOBAL TECHNOLOGIES LTD
- Tersus Power generated >$2M revenue in 2021; debt-free with PCAOB-audited financials.
- Reverse merger expected to close in Q1 2022; definitive agreement pending.
- Tersus Power designs modular hydrogen fueling stations to capitalize on $9.5B US infrastructure plan.
- Global Technologies (OTC: GTLL) currently operates in CBD, security, and e-commerce.