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KNOXVILLE, Tenn., April 22, 2019 /PRNewswire/ — 4M Carbon Fiber Corporation (“4M” or the “Company”) today announced it had engaged Lincoln International, a global investment banking advisory firm, to assist the Company in raising capital and in executing an acquisition program which could involve one or more possible transactions. 4M intends to leverage the value of its disruptive technology that could be a game changer in the carbon fiber industry. The first step is to secure funding for the acquisition of a synergistic downstream carbon fiber user, which will accelerate 4M’s valuation as it progresses toward a public listing.
Paresh Chari, Co-Chairman of 4M, stated, “The engagement of Lincoln International is a vital step in 4M’s plans to grow and leverage the value of its carbon fiber technology. During my tenure with Dura-Line and Mexichem, Lincoln assisted me in executing a number of significant deals. With Lincoln’s advisory help, 4M will raise capital and execute its acquisition and integration plan.” Lincoln’s team, led by Managing Director Jeffrey Corum, will work closely with 4M’s management on all aspects of the transaction process.
4M intends to leverage the value of its disruptive technology. It can be a game changer in the carbon fiber industry. 4M saw an opportunity to modernize the fiber oxidation process. That’s during a time- and energy-hungry process that had remained stagnant since the 1960s. The result is a radical new process. Moreover, one that improves upon the traditional method in every aspect with a fiber of unmatched quality. It now challenges the outdated price-to-performance paradigm.
This news release may contain forward-looking statements pursuant to the “safe harbor” provisions. That’s of the Private Securities Litigation Reform Act of 1995. These statements are made to convey to the public the company’s progress, business opportunities, and growth prospects. In addition, they are based on management’s current beliefs and assumptions about future events. However, the company’s operations and business prospects are always subject to risk and uncertainties. Therefore, the forward-looking events and circumstances discussed in this news release might not occur. Additionally, actual results could differ materially from those described, anticipated, or implied. For a more complete discussion of such risks and uncertainties, please refer to the company’s filings with the Securities and Exchange Commission.
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