M&A
confidence high
sentiment positive
materiality 0.90
Lixte completes merger with NOMAD, changes name to Nomad Power Solutions, ticker to NMAD
LIXTE BIOTECHNOLOGY HOLDINGS, INC.
- Merger closed July 1, 2026; NOMAD becomes wholly owned subsidiary of Lixte.
- Consideration: 2,992,041 common shares and 50,366.07 Series D preferred shares (convertible into 50,366,070 common shares at $1.00/share).
- Company name changes to Nomad Power Solutions effective July 3, 2026; ticker changes to NMAD on July 6, 2026.
- John Travaglini appointed to board; continues as NOMAD CEO.
- NOMAD has over 30 active projects across North America; addresses multi-billion-dollar market for mobile BESS.
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Selected #2 for 2026-07-02.
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