Tigo Energy Sells Patents for Up to $17.95 Million
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Tigo Energy Inc. has sold patents to Tigo Energy Innovations LLC for $17.75-$17.95 million, including an initial $15 million payment. The remaining amount is due within four months, subject to conditions. Tigo Energy may receive up to $5 million in royalties and retains a non-exclusive license to use the patents. This AI-generated news brief is for informational purposes only and not financial advice.
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