M&A · Energy · Buyer's industry: Secondary Smelting & Refining of Nonferrous Metals
Aqua Metals, Inc. to acquire Lion Energy
Announced Feb 11, 2026 · Announced · Private target
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock
Transaction
- Acquirer
- Aqua Metals, Inc. (AQMS)
- Target
- Lion Energy
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Announced
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Cantor Fitzgerald
Classification
- Sector
- Energy
- Buyer's industry
- Secondary Smelting & Refining of Nonferrous Metals