Graphite for north america graphex group receives unsolicited preliminary offer and loi to buy graphex technologies and propel its north american expansion strategy

Warren, mich.--(business wire)--graphex group limited (“graphex group” or the “company”) (nyse american: grfx | hkse: 6128), together with its wholly owned u.s. subsidiary, graphex technologies, llc (graphex tech), today announced that it has entered into a letter of intent (loi) with an independent nasdaq-listed blank check company (the “purchaser”), pursuant to which the purchaser proposes to acquire 100% of the equity interest of graphex tech, which is held by graphex group, (the “acquisitio.
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