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Hypercharge Networks signs LOI to buy REVS Charging for about USD 4.75 million
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Hypercharge Networks signs LOI to buy REVS Charging for about USD 4.75 million
  • Hypercharge entered a non-binding LOI to buy 100% of Texas-based REVS Charging, creating its first US operating platform.
  • REVS valued at about USD 4.75 million enterprise value, subject to customary closing adjustments.
  • Consideration: USD 3 million in Hypercharge common shares priced at CAD 0.23, cash payment of USD 500,000 at closing.
  • Earnout up to USD 1.25 million in shares over three years, tied to gross profit milestones of USD 850,000, USD 1.2 million, USD 2 million.
  • Interim loan up to USD 200,000 during exclusivity; USD 150,000 advanced; deal targeted to close in Q3 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hypercharge Networks Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609110730PRIMZONEFULLFEED9825045) on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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