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CALETHOS INC - GEDC STOCK NEWS

Welcome to our dedicated page for CALETHOS news (Ticker: GEDC), a resource for investors and traders seeking the latest updates and insights on CALETHOS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CALETHOS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CALETHOS's position in the market.

Rhea-AI Summary

CalEthos (OTCQB:GEDC) has signed an Option Agreement to purchase 315 acres in Lithium Valley's upcoming 'Manufacturing Zone'. This expansion offers significant advantages over their previous site, including: larger industrial-zoned property, better connectivity to high-voltage transmission lines, closer proximity to geothermal power plants, and improved fiber routing options. The company plans a 100-acre/420-megawatt campus as the first of three development phases, potentially supporting up to 1,000,000 square feet of clean energy powered data centers for AI, Cloud, and Hyperscale customers.

The project has garnered support from local authorities, including the Imperial County Board of Supervisors and Imperial Irrigation District. It is expected to accelerate Lithium Valley's development by providing energy offtake opportunities, creating jobs, and stimulating the local economy.

Rhea-AI Impact
Rhea-AI Sentiment
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FAQ

What is the current stock price of CALETHOS (GEDC)?

The current stock price of CALETHOS (GEDC) is $5 as of September 12, 2024.

What is the market cap of CALETHOS (GEDC)?

The market cap of CALETHOS (GEDC) is approximately 95.9M.

CALETHOS INC

OTC:GEDC

GEDC Rankings

GEDC Stock Data

95.88M
4.86M
70.78%
Information Technology Services
Technology
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United States of America
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