China Recycling Energy Corporation Announces Closing of $1.88 Million Registered Direct Offering
Smart Powerr Corp. (CREG)
US:NASDAQ Investor Relations:
creg-cn.com/en
Company Research
Source: GlobeNewswire
XI'AN, China, April 17, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corporation (Nasdaq: CREG) (“CREG” or “the Company”), a leading industrial waste-to-energy solution provider in China, today announced the closing of its previously announced registered direct offering of 2,359,272 shares of its common stock, at a purchase price of $0.80 per share, for gross proceeds of approximately $1.88 million. Additionally, CREG has issued to the investors unregistered warrants to purchase up to 1,769,454 shares of common stock. The warrants have an exercise price of $0.9365 per share, are exercisable commencing six months following the issuance date and will expire five and one-half years from the issuance date. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The net proceeds of the offering and the private placement are estimated to be approximately $1.67 million, after deducting placement agent fees and other estimated offering expenses. CREG intends
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CREG
News
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Smart Powerr Corp. (NASDAQ: CREG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
CREG
Sec Filings
- 4/11/24 - Form 10-K
- 4/1/24 - Form NT
- CREG's page on the SEC website