Blink Charging Co

NASDAQ:BLNK   3:59:56 PM EDT
16.60
-0.59 (-3.43%)
Debt Financing / Related, Mergers / Acquisitions

Blink Charging Announced Signing of Definitive Agreement To Acquire Semaconnect for $200 Million

Published: 06/14/2022 12:14 GMT
Blink Charging Co (BLNK) - Blink Charging - Announced Signing of a Definitive Agreement to Acquire Semaconnect for $200 Million.
Blink Charging - Deal Will Add Additional 1,800 Site Host Locations, & More Than 150,000 Registered Ev Driver Members to Co's Existing Footprint.
Blink Charging - Blink Intends to Transition Semaconnect's Chargers to a Single State of the Art Network Developed by Joint Engineering Team.
Blink Charging - Semaconnect’s Manufacturing Facility in Maryland Will Allow Blink to Comply With Buy American Mandates.
Blink Charging - Cash & Common Stock Transaction Will Add Nearly 13,000 Ev Chargers to Blink’s Existing Footprint.
Further Company Coverage: Blnko ((reuters.
Briefs@thomsonreuters.
Com;)).