Cavitation Technologies, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $11.2M
- Price
- $0.0361
- % Change (Daily % change from the live per-ticker quote feed.)
- +3.14%
- Volume
- 433.3K
About
Cavitation Technologies, Inc. (CVAT) is an innovator that develops, secures intellectual property for, and brings to market exclusive technologies designed for transforming diverse liquid substances, serving both industrial and consumer applications within the United States. Among its key offerings are the Nano Reactor and Nano Neutralization Systems, specifically engineered for the purification and refinement of edible oils, including varieties such as soybean, rapeseed, canola, and palm oil. Furthermore, CVAT's technological expertise extends to a range of other sectors. This includes advancements in renewable fuels, water treatment solutions, enhancing the quality of wines and spirits, efficient algae oil extraction, managing water-oil emulsions, and improving the yield from crude oil. The company was established in 2007 and operates from its headquarters in Chatsworth, California.
Quick stats
Shares outstanding309.7M
Computed float136.6M
Float / shares44.1%
Key info
SectorIndustrials
IndustryIndustrial - Machinery
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001376793
Websitehttps://www.ctinanotech.com
AI Summary
AI-generated1/4
criticalbullishm and a
Alchemy Beverages Inc. Executes Definitive Tender Offer Agreement with European Guarantee Services S.à.r.l
European Guarantee Services S.à.r.l. has executed a definitive agreement to acquire all outstanding shares of Cavitation Technologies, Inc. for $35 million in cash.
This tender offer is concurrent with EGS's acquisition of Alchemy Beverages, a company in which CVAT holds an approximate 17% stake; the combined consideration for both transactions totals $42 million.
Consummation of the CVAT offer is conditional on the completion of the Alchemy acquisition, with EGS expected to commence the tender offers within ten business days.
Red flags
- Purchase price is stated less certain indebtedness and accrued liabilities
- Completion of the CVAT offer is conditional on the consummation of the concurrent Alchemy Beverages acquisition