Alsym Energy has filed a notice of an exempt offering of securities to raise $78,351,405.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Alsym Energy is raising up to $78,351,405.00 in new funding. Sources indicate that as part of senior management Chief Financial Officer, Michael Hannon played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Alsym Energy
Alsym Energy has developed a low-cost, non-flammable, high-performance rechargeable battery chemistry thats ideal for applications such as stationary storage, maritime shipping, and EVs–with no lithium or cobalt. By using readily available, inherently non-flammable and non-toxic materials, Alsym is working to deliver performance comparable with lithium ion at a much lower cost something no other technology can do.
To learn more about Alsym Energy, visit http://www.alsym.com/
Contact:
Michael Hannon, Chief Financial Officer
781-759-9286
https://www.linkedin.com/in/michael-hannon-785685126/
SOURCE: http://www.intelligence360.io
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