ClosedPublished 24 Jan 2024

Optex Systems Holdings, Inc. /
RUB Aluminum (RUB)

Optex Systems Holdings purchases Speedtracker from RUB Aluminum

Buy side: Optex Systems Holdings, Inc.
Buy sideOptex Systems Holdings, Inc.
Target: RUB Aluminum (RUB)
TargetRUB Aluminum (RUB)
Source · 24 Jan 2024Source-verified
Buy side: Optex Systems Holdings, Inc.
Buy sideOptex Systems Holdings, Inc.
Target: RUB Aluminum (RUB)
TargetRUB Aluminum (RUB)
01 / BuyerOptex Systems Holdings, Inc.
02 / TargetRUB Aluminum (RUB)
Source-verified
01

What happened

Optex Systems Holdings, Inc. acquired Speedtracker from RUB Aluminum (RUB) and established a contract manufacturing agreement for continued production of the Speedtracker Mach 4+ product line.

The assets were purchased using $1 million in cash on hand, with potential additional future cash payments tied to successful completion of defined milestones.

02

The source

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01
Source · Original source

Optex Systems Holdings purchases Speedtracker from RUB Aluminum

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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    Source-verified

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