Sylva has filed a notice of an exempt offering of securities to raise $8,500,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Sylva is raising $8,500,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Thomas Guthrie played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Sylva
Sylvatex (SVX) is an advanced manufacturing technology company that collaborates with electric vehicle (EV) battery manufacturers. Our proprietary waterless process produces cathode active material (CAM) using fewer steps and less energy. We are addressing the core of the EV battery scaling challenges: cost, supply, and carbon footprint. SVX process is chemistry agnostic working with any cathode material for manufacturers affording the flexibility to respond to battery market shifts. The technology greatly reduces the time to produce CAM in reactors a fifth the size of traditional reactors. Thus manufacturers have improved capacity and return on capital. At SVX, we believe the energy revolution can only happen with cost and climate friendly solutions that benefit all consumers. We must move quickly to build a stronger foundation for our future and meet our climate goals! SVX is making this a reality.
To learn more about Sylva, visit http://www.sylvatex.com/
Contact:
Thomas Guthrie, Chief Executive Officer
207-991-8892
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