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Clarke buys Ebonex for a song — but why?

Tue, 04/25/2017 - 09:10 -- Xuan Zhong
Clarke buys Ebonex for a song — but why?

Steve Clarke, founder of Aquametals, didn’t buy his father’s old company, Ebonex, out of sentimentality last week.

Aquametals, the recent start up in non-conventional lead-acid battery recycling, acquired UK-based Ebonex IPR Limited for 123,776 shares of Aquametals common stock and $100,000 in cash — or a “song”*, Clarke told BBB.


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