07:57:27 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Enerdynamic Hybrid Technologies Corp
Symbol EHT
Shares Issued 99,749,487
Close 2016-07-27 C$ 0.115
Market Cap C$ 11,471,191
Recent Sedar Documents

Enerdynamic noteholders convert notes into units

2016-07-27 07:09 ET - News Release

Mr. John Gamble reports

EHT ANNOUNCES CONVERSION OF ALL OUTSTANDING CONVERTIBLE NOTES

All noteholders that participated in previously announced private placement of 3,625 secured subordinated convertible notes of Enerdynamic Hybrid Technologies Corp. have converted their notes into units of the company at a conversion price per unit of 15 cents. Each unit comprises one common share of the company and one common share purchase warrant of the company. Each warrant will entitle the holder thereof, on exercise, to purchase one additional common share of the company at an exercise price of 30 cents per warrant share for a period of five years following the issuance of the notes. Pursuant to the conversion, the company issued a total of 24,166,667 common shares and 24,166,667 warrants.

The company no longer intends on closing any additional tranches of the private placement of notes.

We seek Safe Harbor.

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