AIRJ · AirJoule Technologies Corp.
AI read · Neutral
The AI's read
AirJoule acquired Bitsink, a U.S. designer and maker of cooling, power distribution and racking for AI and high-density data centers. The deal expands its product set but used $18,000,000 cash and issued stock with up to $40,000,000 in additional stock earnouts, so the positives and dilution largely balance.