Molekule expands its industry-leading portfolio of indoor air quality (iaq) solutions technology with definitive agreement to acquire aura smart air ltd., further accelerating molekule into the b2b sector

Palm beach gardens, fla., feb. 26, 2023 (globe newswire) -- molekule group, inc. (“molekule” or the “company”) (nasdaq: mkul), an emerging leader in air purification technology solutions, systems for healthcare and commercial smart building applications, and individual consumer protection, today announced it has entered into a definitive agreement to acquire aura smart air ltd. (“aura”), an israeli-based company currently listed on the tel aviv stock exchange, in an all-stock merger with a value of approximately $10 million (the “merger”). molekule has the largest range of proprietary and patented, fda-cleared air purification devices.
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