Deal snapshot: iSun Acquires Intellectual Property of Oakwood Construction Services.

MANews-(C)2009-2021

US-based solar energy and clean mobility infrastructure company iSun, Inc. (NASDAQ: ISUN) has acquired all of the intellectual property of Oakwood Construction Services, Inc., and its affiliates a utility-scale solar EPC company, for a total consideration of USD 2.7m, the company said.

USD 1m is due immediately and the remaining USD 1.7m contingent upon the achievement of certain...

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