Flexible Electronics News

PV Nano Cell Closes Acquisition of DigiFlex

Plans to introduce a printer for the electronics industry.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

PV Nano Cell, Ltd. announced the closing of its acquisition of DigiFlex, a digital printer manufacturer. The all-stock transaction was valued at $10 million and represents 25% of PV Nano Cell on a fully diluted basis, post transaction.   Additionally, certain shareholders of DigiFlex and its subsidiary, JetCU P.C.B. Ltd., committed to investing $1,100,000 in PV Nano Cell, of which $500,000 has already been invested, and an additional $600,000 is expected to close by the end of 2017.   The ac...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters