DiamondCapital
$CVAT BUYOUT UNDERWAY ($35M) ~ .105 per share
Cavitation Technologies CVAT is now the subject of a cash tender offer from BrightFlixx Finance (Luxembourg) S.A. to acquire all outstanding shares of CVAT common stock
Key Takeaway:
• $35,000,000 Aggregate purchase price, minus CVAT’s outstanding liabilities
• $0.105 per share share - Estimated undiluted cash consideration, based on 332.82M shares outstanding and approximately $738K in reported liabilities.
• Currently trading at 0.037 per share - At current levels, CVAT is trading at a substantial discount to the implied offer price
Here is the SEC filing from yesterday of the tender offer filing: (Schedule TO-T) https://www.sec.gov/Archives/edgar/data/1376793/000168316826007992/brightflixx_sctot.htm
Also official PR: BrightFlixx Finance (Luxembourg) S.A. Commences Cash Tender Offer For All Outstanding Shares of Cavitation Technologies, Inc. and Concurrent Cash Tender Offer For All Outstanding Shares of Alchemy Beverages Inc
3