NVX
XNASNOVONIX LTD-ADR
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-0.20neutral
1 news · 90d
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News · 1
How did the price react? →- May 01 08:37→ 0.20SeekingAlpharel 100%NOVONIX sells battery tech unit to former CEO
NOVONIX has agreed to sell its battery technology unit to its former CEO, marking a divestiture of a core business segment. The deal removes a key asset from the company's portfolio and involves a related-party transaction with prior leadership. Financial terms of the transaction were not disclosed in the headline.