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Hypercharge completes REVS acquisition, issues 18 million shares

Hypercharge Networks said on Oct. 1 it completed its acquisition of REVS Charging LLC after TSX Venture Exchange acceptance and issued 18 million shares.

By Fiona McAllister, Global Markets EditorPipDig Newsroom
  • Transaction covered 100% of REVS Charging LLC equity interests.
  • Hypercharge issued 18,000,000 common shares to REVS.
  • The closing shares carry a six-month voluntary lockup and a statutory hold period of four months and one day.

Closing

Hypercharge Networks Corp. said on Oct. 1, 2026, that it completed its previously announced acquisition of 100% of the equity interests of REVS Charging LLC. The company said the closing followed acceptance from the TSX Venture Exchange.

Low-angle view up at a modern, unbranded electric vehicle charging canopy and its support columns, warm golden-hour light against a soft blue sky, with an empty lower third and shallow depth of field.
Hypercharge completes REVS acquisition, issues 18 million shares

In connection with the transaction, Hypercharge issued REVS 18,000,000 common shares. The company said those closing shares are subject to a six-month voluntary lockup.

Securities terms

Hypercharge said all securities issued in connection with the deal, including the closing shares, are subject to a statutory hold period of four months and one day from the date of issuance. It said the securities remain subject to TSXV approval.

The company said the securities have not been registered under the U.S. Securities Act of 1933 or any state securities laws. It said they may not be offered or sold in the United States except in compliance with the registration requirements of that law and applicable state rules, or pursuant to exemptions.

Source: GlobeNewswire,