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Einride to buy charging and energy software firm Flipturn for $38.4 million in stock

PUBT·07/21/2026 10:30:53
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Einride to buy charging and energy software firm Flipturn for $38.4 million in stock
  • Einride to acquire charging and energy management software provider Flipturn in an all-stock deal valued at USD 38.4 million.
  • Consideration to be paid in Einride American depositary shares, with an earnout in additional ADSs tied to milestone targets.
  • Share issuance set using the volume-weighted average ADS price from June 10, 2026 through two trading days before closing; VWAP was about USD 10 as of July 20.
  • Flipturn adds an established customer base with more than 250 megawatts of charging capacity, more than doubling Einride’s energy under management.
  • Closing targeted for July 2026, subject to customary conditions and regulatory approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Einride AB published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607210630PRIMZONEFULLFEED1001213656) on July 21, 2026, and is solely responsible for the information contained therein.