Bioleum Acquires RenFuel's Intellectual Property Portfolio for $18.1M
ByAinvest
Wednesday, Dec 3, 2025 4:37 pm ET1min read
LODE--
Bioleum Corporation has acquired RenFuel's intellectual property portfolio, including a patented catalytic esterification process to refine Bioleum's biointermediates. The purchase price includes an $18.1 million closing payment, comprised of $12.5 million in shares of Bioleum common stock, $2.5 million in warrants to purchase additional shares, and $2.6 million in debt forgiveness.
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