Stellar V Capital signs LOI with synthetic graphene producer, eyes $30 million PIPE
SVCC•Stellar V Capital entered a non-binding letter of intent with a synthetic graphene producer, with a deal framework that includes a $30 million PIPE. The producer’s current shareholders are expected to roll 100% of their equity into the combined publicly listed entity.
1. Proposed deal framework
Stellar V Capital entered a non-binding LOI with a deep-tech advanced materials company that produces synthetic graphene. The framework includes a $30 million PIPE to support the target’s growth strategy, and current shareholders are expected to roll 100% of their equity into the combined publicly listed entity.
2. Production process
The graphene producer uses a proprietary modular process and is targeting rapid capacity expansion.
