Common Contracts
1 similar Senior Secured Notes and Warrants Agreement contracts
Ener-Core Enters into Definitive Agreement for the Private Placement ofSenior Secured Notes and Warrants Agreement • October 23rd, 2017
IRVINE, Calif.-- Ener-Core, Inc. (OTCQB: ENCR), the world’s only provider of Power Oxidation technology and equipment that generates clean power from low-quality and waste gases from a wide variety of industries, has entered into an agreement to sell $3.1 million of senior secured notes and warrants, in a private placement for aggregate gross proceeds of $3.1 million. The company intends to use the proceeds from this private placement for general corporate purposes and to fulfill the capital requirements for its global licensing agreement with Dresser-Rand. The company expects to close the sale of the secured notes on or around April 23, 2015.
