Alberton Acquisition Corp. announced today that it has entered into a merger agreement with SolarMax Technology. SolarMax would become a wholly-owned subsidiary of Alberton, with SolarMax’ stockholders receiving Alberton shares worth $300 million.
SolarMax is an integrated solar energy company. It was founded in 2008 to conduct business in the U.S. and subsequently commenced operation in China following two acquisitions in 2015. Read more.
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