BrightFlixx Finance Launches Cash Tender Offers for Cavitation Technologies and Alchemy…

Cavitation Technologies, Inc. announced definitive purchase agreements with BrightFlixx Finance (Luxembourg) S.A. to provide cash tender offers for all outstanding shares of common stock of Cavitation Technologies, Inc. and Alchemy Beverages, Inc. The total proposed cash consideration is $42 million, including $35 million for Cavitation Technologies, Inc. and $7 million for Alchemy Beverages, Inc. Cavitation Technologies, Inc. will file a Current Report on Form 8-K with the Securities and Exchange Commission.

The agreements replace prior tender offer agreements and involve financing provided by Bright Wealth Banking. The required filing by Cavitation Technologies, Inc. with the Securities and Exchange Commission is a material corporate action.