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2018-10-30 07:02:17 CREG China Recycling Energy $1.60 -0.01 (-0.62%) 07:02 10/30/18 10/30 07:02 10/30/18 07:02	China Recycling Energy announces $3M registered direct offering China Recycling Energy Corporation said it has entered into definitive purchase agreements with certain institutional accredited investors to purchase in a registered direct offering 1,985,082 shares of its common stock, at a purchase price of $1.375 per share, for gross proceeds of approximately $2.75 million, in a registered direct offering priced at-the-market. Additionally, CREG has also agreed to issue to the investors unregistered warrants to purchase up to 1,985,082 shares of common stock, at a purchase price per warrant of $0.125, for gross proceeds of approximately $0.25 million. The offering is expected to close on or about October 31, 2018, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The warrants will have an exercise price of $1.3725 per share, will be exercisable immediately and will expire five and one-half years from the issuance date. The gross proceeds of the offering are expected to be approximately $3 million. CREG intends to use the net proceeds from this offering for working capital and general corporate purposes.

2018-10-30 07:02:17

CREG

China Recycling Energy

$1.60: -0.01 (-0.62%)

07:02

10/30/18

10/30

07:02

10/30/18

07:02

China Recycling Energy announces $3M registered direct offering

China Recycling Energy Corporation said it has entered into definitive purchase agreements with certain institutional accredited investors to purchase in a registered direct offering 1,985,082 shares of its common stock, at a purchase price of $1.375 per share, for gross proceeds of approximately $2.75 million, in a registered direct offering priced at-the-market. Additionally, CREG has also agreed to issue to the investors unregistered warrants to purchase up to 1,985,082 shares of common stock, at a purchase price per warrant of $0.125, for gross proceeds of approximately $0.25 million. The offering is expected to close on or about October 31, 2018, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The warrants will have an exercise price of $1.3725 per share, will be exercisable immediately and will expire five and one-half years from the issuance date. The gross proceeds of the offering are expected to be approximately $3 million. CREG intends to use the net proceeds from this offering for working capital and general corporate purposes.

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Mon	VST X VST Vistra Energy Block Trade Managers: Morgan Stanley Priced at: $23.20 12M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial TC X TC TuanChe IPO Managers: Maxim, AMTD Global Markets Priced at: $7.80 2.6M Shares TLSA X TLSA Tiziana Therapeutics IPO Managers: Laidlaw Priced at: $9.90 443K Shares EAST X EAST Eastside Distilling Spot Secondary Managers: Roth Capital, National Securities Priced at: $6.50 1.235M Shares
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Wed	TLC X TLC Taiwan Liposome Secondary Managers: Cantor Fitzgerald, CLSA, H.C. Wainwright, Janney Montgomery Scott, Laidlaw $6.44 5M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial
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China Recycling Energy announces $3M registered direct offering

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