Beam Global to acquire ScoutDI AS

Beam Global has agreed to acquire ScoutDI AS in a strategic transaction announced on 7 October 2026. The US-based technology firm will purchase the Norwegian entity for a headline offer of 24 million US dollars. The consideration structure is mixed, comprising cash, shares, and an earn-out component. This deal represents a cross-border acquisition within the technology sector, linking a US buyer with a target based in Norway. The specific terms regarding the split between immediate cash payment and deferred share value are part of the agreed framework. As the transaction is currently at the firm intention stage, it has not yet been completed. The parties are proceeding with the necessary steps to finalize the agreement. Regulatory approvals and other standard closing conditions remain outstanding. The deal reflects a strategic move by Beam Global to expand its portfolio through the acquisition of ScoutDI AS. No further details on the operational integration or specific strategic rationale have been disclosed in the available facts. The transaction remains subject to standard regulatory scrutiny and finalisation of the definitive agreement.