Clearmind signs LOI to buy 51% stake in EV wireless charging firm for $2.5 million

Clearmind Medicine entered a non-binding letter of intent to buy 51% of an EV wireless charging solutions company focused on automated parking systems.

• The deal values the majority stake at $2.5 million.
• Closing would include a $1.5 million loan at 4% interest, due two years after closing.
• The transaction remains subject to definitive agreements, due diligence, and customary closing conditions.