InvestorNewsBreaks – Ideanomics (NASDAQ: IDEX) Announces Agreement to Acquire Utah-Based Wireless Charging Provider WAVE
Ideanomics (NASDAQ: IDEX) has signed a definitive agreement to acquire privately held Wireless Advanced Vehicle Electrification Inc. ("WAVE"). The agreement outlines plans for a 100% acquisition in exchange for cash and stock considerations; full terms of the agreement are contained in the company’s 8-K filing. Based in Salt Lake City, WAVE provides inductive, or wireless, charging solutions for medium and heavy-duty electric vehicles (“EVs”). The fully automated,…