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Kanen Wealth Management

Aqua Metals share offering follows ‘pure lead milestone’

Thu, 06/21/2018 - 09:49 -- Xuan Zhong
Aqua Metals share offering follows ‘pure lead milestone’

US lead-acid battery-recycling start-up Aqua Metals is raising cash to expand its business after producing its first commercial high-grade lead following months of setbacks.

The company said on 13 June it intended to offer and sell shares of its common stock in an underwritten public offering— using the net proceeds “for working capital, which could include capital expenditures related to addressing operational efficiencies and the expansion of production activities” at its initial AquaRefining facility in McCarran, Nevada. 

 

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Aqua Metals averts board challenge as interim CEO steps down

Wed, 05/16/2018 - 10:14 -- Xuan Zhong
Aqua Metals averts board challenge as interim CEO steps down

US lead-acid battery-recycling start-up Aqua Metals has buried the hatchet with a hedge fund accused of trying to “steal control” of the company— but lost another CEO in the process.

Aqua Metals has entered into a settlement agreement with Florida-based Kanen Wealth Management (KWM)— which had urged shareholders to vote for its director candidates to join the board at an upcoming crunch annual meeting of stockholders next month.

 

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Aqua Metals warns of bid to “steal” company

Tue, 04/24/2018 - 09:56 -- Xuan Zhong
Aqua Metals warns of bid to “steal” company

As if troubled US lead-acid battery-recycling startup Aqua Metals does not have enough on its plate, now a tussle for control of the company is under way.

Shareholders have been warned that a Florida-based hedge fund, Kanen Wealth Management, is attempting to “steal control” of the company at the upcoming annual stockholders meeting on 5 June.

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