G6 Materials Corp - GPHBF stock
Introduction[edit]
G6 Materials Corp., previously known as Graphene 3D Lab Inc., is a company that operates through its subsidiaries and specializes in the development, manufacturing, and sale of proprietary products based on graphene and other materials. The company offers a range of products, including air purification materials, adhesives for various purposes such as general use, flexibility, high-temperature applications, and room temperature applications. It also develops advanced materials and composite formulations suitable for industries in daily life, as well as for air, sea, and land applications.[1]
Additionally, G6 Materials Corp. provides a selection of graphene products through its e-commerce platform. The company caters to a diverse range of industries, including aerospace, automotive, healthcare, marine, medical prosthetics, and various branches of the military.
Established in 2011, G6 Materials Corp. is headquartered in Ronkonkoma, New York.
Key Mergers & Acquisitions[edit]
It acquired Graphene 3D Lab (U.S), a spinout company of Graphene Laboratories, through a reverse merger in August 2014. Later, on August 12, 2015, the company entered into a Share Exchange Agreement with Graphene Laboratories and bought 100% of its shares. In August 2021, the company bought a 100% stake in GX Technologies, a company that develops applications based on graphene oxide. In January 2020, the company changed its old name Graphene 3D Lab Inc. to its current name, G6 Materials Corp.[2]
[edit]
G6 Materials obtained approval from the TSX Venture Exchange to consolidate its issued and outstanding common shares based on a consolidation ratio of one 1 post-consolidation share for every ten 10 pre-consolidation Shares. The company's shares will continue to be traded on the TSX-V under the existing symbol "GGG" and the current name "G6 Materials Corp." The effective date for the consolidation and the commencement of trading the Shares on a post-consolidation basis on the TSX-V is anticipated to be around July 12, 2023. As a result of the Consolidation, the total number of issued and outstanding Shares is expected to decrease from 163,679,193 pre-consolidation Shares to approximately 16,367,919 post-consolidation Shares. Upon completion of the Consolidation, the exercise or conversion price and the number of common shares issuable under any outstanding convertible securities of G6 will be adjusted proportionately.[3]
Business Model & Products[edit]
The company develops, manufactures, and markets various graphene-based solutions and advanced material products for automotive, medical prosthetics, healthcare, aerospace, and military & defense industries. However, during the global coronavirus pandemic that started in 2020, the company leveraged its capabilities to build filtration and air purification products using graphene’s antimicrobial properties. The company’s main products include air purification systems, conductive adhesives, advanced materials & composites, and R&D materials.[4]
The company’s wholly-owned subsidiary Graphene Laboratories has a portfolio of more than 100 graphene and associated products. Many of those products are sold to a large number of distinguished and well-known clients, including Apple, IBM, NASA, Samsung, GE, Xerox, Stanford University, and Harvard University. The company also develops high-performance composites for use in the biotechnology and pharmaceutical industries.
The company has a strong intellectual property product portfolio with five patents granted and four patent applications pending. The company’s other graphene-based products available in the market include high-performance composites, R&D materials, and conductive epoxies. In January 2022, the company entered into a Testing Services Agreement with the U.S Army Engineer Research & Development Center.[4]
The company has the technology to embed graphene materials into adsorbents, inks, epoxies, and thermoplastics. The company has made significant progress in the areas of ultralight functional materials, mechanically reinforced resins, graphene media for air filtration, and electrical-conductive elastomers.
- ↑ Yahoo Finance. GPHBF Stock Profile. Accessed on 7/7/2023.
- ↑ G6 Materials Website. Management Discussion and Analysis For the six months ended November 30, 2021. Accessed on 7/7/2023.
- ↑ Seeking Alpha. G6 Materials Announces Share Consolidation. July 7, 2023.
- ↑ 4.0 4.1 G6 Materials Website. About Us. Accessed on 7/7/2023.
OTC Symbol: GPHBF | OTC Tier: OTCQB
