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NEO Battery Materials Launches NBM America LLC in U.S. and Announces Participation in InterBattery 2023, South Korea’s Leading Battery Conference
Incorporated NEO Battery Materials America LLC in the State of Delaware Management to Visit Ohio, Kentucky, and New York City to Build Business Relationships wi
About this update from Neo Battery Materials Ltd
[{"type":"text","content":" Incorporated NEO Battery Materials America LLC in the State of Delaware Management to Visit Ohio, Kentucky, and New York City to Build Business Relationships with Battery Industry Players, Governmental Organizations, and Prominent VC Funds for Silicon Anode Venture To Participate in South Korea’s Leading Battery Trade Show – InterBattery 2023 Samsung SDI, LG Energy Solution, and SK On to Participate This Year VANCOUVER, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the launch of NEO Battery Materials America LLC (“NBM America”) for U.S. business expansion. The Company will also participate in South Korea’s leading annual battery exhibition – InterBattery 2023. NBM America Formation & U.S. Site Visitation In the past week, NEO has successfully incorporated NEO Battery Materials America, LLC under the provisions and requirements of the State of Delaware. As a wholly-owned and operated subsidiary, NBM America will now allow active and aggressive business development and relationship-building initiatives to market NEO’s core silicon anode materials in the U.S. With Ohio being discussed as the top headquarter location, the management team is expected to visit Ohio and Kentucky in late March and early April to select the site for operation. The agenda involves building and strengthening business relationships with EV battery industry players and governmental organizations that include the Ohio Economic Development Association, JobsOhio, and REDI Cincinnati. As discussed, to target the large pool of venture capital funding, the management team and key advisors will visit New York City and plans to hold meetings with prominent cleantech VC and investment banking firms. NBM America intends to secure strategic private capital and funding to enable U.S. commercial plant construction and create financial capacity for silicon waste recycling and other battery-related value-added projects. InterBattery 2023 Inaugurated in 2013, InterBattery is South Korea’s leading annual battery trade show that attracts over 900 domestic and international exhibitors with 1,500 showcasing booths. With the participation of global ba...