Consolidated Water Co. Ltd. acquired remaining 39% interest in PERC Water Corporation from Johan Perslow, Nathan Owen, Steven Owen and Colton Schmidt for $7.8 million on January 4, 2023. Consolidated Water Co. Ltd. acquired the Remaining Interest in exchange for approximately $2.44 million in cash and 0.368383 million shares of PERC's common stock, having a value of approximately $5.36 million based upon the opening trading price of the Consolidated Water Co. Ltd. common stock on The Nasdaq Global Market on the date of the transaction. After giving effect to the transactions contemplated by the purchase agreement, Consolidated Water owns 100% of the outstanding capital stock of PERC.

Consolidated Water Co. Ltd. acquired remaining 39% interest in PERC Water Corporation from Johan Perslow, Nathan Owen, Steven Owen and Colton Schmidt on January 4, 2023.