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Ener-Core Signs Definitive Agreements For Private Placement Transaction
2016-01-04 01:37:23| pollutiononline Home Page
Ener-Core, Inc. (“Ener-Core”), a provider of commercialized Power Oxidation technology and equipment that generates clean power from low-quality waste gases and is deployable in a wide variety of industries, recentlyannounced that it entered into definitive agreements on December 30, 2015, with certain institutional and other accredited investors for a private placement of 625,000 shares of common stock at a price of $4.00 per share and five-year warrants to purchase up to anadditional 312,500 shares of common stock at an exercise price of $5.00 per share for an aggregate offering amount of $2.5M
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Category:Energy and Environment
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