Energem Corp. (ENCP) to Combine with Graphjet in $1.5Bn Deal

Energem (NASDAQ:ENCP) has entered into a definitive agreement to combine with sustainable materials-maker Graphjet Technology at an enterprise value of $1.49 billion. Kuala Lumpur-based Graphjet processes palm kernel shells into graphene and graphite materials for EV batteries, medical devices and home appliances. The combined company is expected to trade on the Nasdaq under the symbol
Read More