Latest Aura Systems Inc New (AUSI) Headlines
Multiple Insiders of Aura Systems, Inc. (AUSI)-Other OTC bought Shares of AUSI
M2 - Thu Dec 05, 11:01PM CST
Reported by InsiderCow.com at 2013-12-04 13:26:34 ET
Aura Receives a VIPER Order from Israel and Also Moves to a Larger Facility in Redondo Beach, California
Business Wire - Tue Oct 15, 8:30AM CDT
Aura Systems, Inc. (OTCBB: AUSI) announced today that it received approximately $100,000 contract from a major defense contractor in Israel for a special application of the VIPER for the Israeli Defense Forces (IDF). A second part of the contract for approximately the same amount is expected to follow shortly. The order was released to the Company after a lengthy qualification process. The Company is now a qualified supplier to the major Israeli defense contractor.
Mr. Robert Kopple Joins Aura's Board of Directors as Vice Chairman
Business Wire - Mon Sep 16, 8:30AM CDT
Aura Systems, Inc. (OTCBB: AUSI) announced today that Mr. Robert Kopple joined the Board of directors as Vice Chairman. The appointment of Mr. Kopple was made to fill the vacancy on the board due to the passing of Dr. Arthur Schwartz, who was one of the original founders and the Company's CTO.
Aura closes private placement of USD2.5m of convertible notes
M2 - Tue Aug 27, 3:34AM CDT
Aura Systems Inc (OTCBB:AUSI), a company that designs, assembles, tests and sells proprietary and patented Axial Flux induction machines, stated on Monday that it raised USD2.5m in a private placement from one individual.
Aura Raises $2.5 Million in a Private Placement
Business Wire - Mon Aug 26, 11:01AM CDT
Aura Systems, Inc. (OTCBB: AUSI) announced today that it raised $2.5 million in a private placement from one individual. $2.0 million of the private placement was in the form of a 4-year convertible note with warrants and 9.5% simple annual coupon. The investor has the right to convert the outstanding Note at any time into common shares of the Company at a conversion price of $0.50 per share. For each common share that the Note is convertible into, the investor also received a 7-year warrant with an exercise price of $0.75.
OTC Daily Alert Stock Watch - Aura Systems Inc. (OTCQB: AUSI)
WorldStockWire - Wed Aug 21, 12:45AM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
Aura announces closure of USD2.4m financing and conversion of demand notes
M2 - Mon May 13, 3:48AM CDT
Aura Systems Inc (OTCBB:AUSI), a technology company, disclosed on Friday. that it has closed on financing of USD2.4m that comprises of the conversion of USD1.6m of demand notes, issued earlier together with accrued interest and USD750,000 of new funds.
Aura Completes the Initial Closing of a Financing and Conversion of Demand Notes into Secured Convertible Notes
Business Wire - Fri May 10, 8:30AM CDT
Aura Systems, Inc. (OTCBB:AUSI) announced today that it closed on $2,395,700 financing which consisted of the conversion of $1,645,700 of previously issued demand notes plus accrued interest and $750,000 of new funds.
Aura Reduces the Fully Diluted Number of Common Shares by 808,500 Through an Exchange of Anti Dilutive Warrants for a Fixed Number of Common Shares
Business Wire - Mon May 06, 8:30AM CDT
Aura Systems, Inc. (OTCBB: AUSI) announced today that it entered into an agreement with the previous $3.6 million of secured loan holders to reduce the fully diluted number of common shares by exchanging the holder's issued and outstanding 5,390,000 five year warrants with anti dilution provisions, for a fixed 4,581,500 of common shares and no warrants. The $3.6 million secured notes were paid in full in cash as previously announced on April 1, 2013.
Aura Completes Repayment in Cash of the $3.6 Million Senior Convertible Secured Notes Issued in September 2011
Business Wire - Mon Apr 01, 8:30AM CDT
Aura Systems, Inc. (OTCBB: AUSI) is pleased to announce today that it completed the repayment in cash of the entire $3.6 million secured notes that were issued in September 2011.
Dr. Ramesh Misra Joins Aura Systems as Its President
Business Wire - Tue Feb 19, 8:30AM CST
Aura Systems, Inc. (OTCBB: AUSI) is pleased to announce today the appointment of Dr. Ramesh Misra as the President of the Company. Dr. Misra holds a Ph.D. in Electrical and Computer Engineering from Carnegie Mellon University. In addition to his technical background Dr. Misra has over 10 years experience as an industry analyst and financial analyst covering the Semiconductor and Alternative Energy sectors.
Aura Announced the Passing of Dr. Arthur Schwartz, Aura's Chief Technical Officer, and the Appointment of Dr. Guanghui Wang as the New CTO
Business Wire - Mon Dec 17, 8:30AM CST
Aura Systems, Inc. (OTCBB: AUSI) with great sadness announced today that Dr. Arthur Schwartz, a Board Member and the Company's Chief Technical Officer, died on November 21, 2012 at the age of 65 after a short battle with cancer.
Multiple Insiders of Aura Systems, Inc. (AUSI)-Other OTC bought Shares of AUSI
M2 - Thu Dec 05, 11:01PM CST
Reported by InsiderCow.com at 2013-12-04 13:26:34 ET
Aura Receives a VIPER Order from Israel and Also Moves to a Larger Facility in Redondo Beach, California
Business Wire - Tue Oct 15, 8:30AM CDT
Aura Systems, Inc. (OTCBB: AUSI) announced today that it received approximately $100,000 contract from a major defense contractor in Israel for a special application of the VIPER for the Israeli Defense Forces (IDF). A second part of the contract for approximately the same amount is expected to follow shortly. The order was released to the Company after a lengthy qualification process. The Company is now a qualified supplier to the major Israeli defense contractor.
Mr. Robert Kopple Joins Aura's Board of Directors as Vice Chairman
Business Wire - Mon Sep 16, 8:30AM CDT
Aura Systems, Inc. (OTCBB: AUSI) announced today that Mr. Robert Kopple joined the Board of directors as Vice Chairman. The appointment of Mr. Kopple was made to fill the vacancy on the board due to the passing of Dr. Arthur Schwartz, who was one of the original founders and the Company's CTO.
Aura closes private placement of USD2.5m of convertible notes
M2 - Tue Aug 27, 3:34AM CDT
Aura Systems Inc (OTCBB:AUSI), a company that designs, assembles, tests and sells proprietary and patented Axial Flux induction machines, stated on Monday that it raised USD2.5m in a private placement from one individual.
Aura Raises $2.5 Million in a Private Placement
Business Wire - Mon Aug 26, 11:01AM CDT
Aura Systems, Inc. (OTCBB: AUSI) announced today that it raised $2.5 million in a private placement from one individual. $2.0 million of the private placement was in the form of a 4-year convertible note with warrants and 9.5% simple annual coupon. The investor has the right to convert the outstanding Note at any time into common shares of the Company at a conversion price of $0.50 per share. For each common share that the Note is convertible into, the investor also received a 7-year warrant with an exercise price of $0.75.
OTC Daily Alert Stock Watch - Aura Systems Inc. (OTCQB: AUSI)
WorldStockWire - Wed Aug 21, 12:45AM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
Aura announces closure of USD2.4m financing and conversion of demand notes
M2 - Mon May 13, 3:48AM CDT
Aura Systems Inc (OTCBB:AUSI), a technology company, disclosed on Friday. that it has closed on financing of USD2.4m that comprises of the conversion of USD1.6m of demand notes, issued earlier together with accrued interest and USD750,000 of new funds.
Aura Completes the Initial Closing of a Financing and Conversion of Demand Notes into Secured Convertible Notes
Business Wire - Fri May 10, 8:30AM CDT
Aura Systems, Inc. (OTCBB:AUSI) announced today that it closed on $2,395,700 financing which consisted of the conversion of $1,645,700 of previously issued demand notes plus accrued interest and $750,000 of new funds.
Aura Reduces the Fully Diluted Number of Common Shares by 808,500 Through an Exchange of Anti Dilutive Warrants for a Fixed Number of Common Shares
Business Wire - Mon May 06, 8:30AM CDT
Aura Systems, Inc. (OTCBB: AUSI) announced today that it entered into an agreement with the previous $3.6 million of secured loan holders to reduce the fully diluted number of common shares by exchanging the holder's issued and outstanding 5,390,000 five year warrants with anti dilution provisions, for a fixed 4,581,500 of common shares and no warrants. The $3.6 million secured notes were paid in full in cash as previously announced on April 1, 2013.
Aura Completes Repayment in Cash of the $3.6 Million Senior Convertible Secured Notes Issued in September 2011
Business Wire - Mon Apr 01, 8:30AM CDT
Aura Systems, Inc. (OTCBB: AUSI) is pleased to announce today that it completed the repayment in cash of the entire $3.6 million secured notes that were issued in September 2011.
Dr. Ramesh Misra Joins Aura Systems as Its President
Business Wire - Tue Feb 19, 8:30AM CST
Aura Systems, Inc. (OTCBB: AUSI) is pleased to announce today the appointment of Dr. Ramesh Misra as the President of the Company. Dr. Misra holds a Ph.D. in Electrical and Computer Engineering from Carnegie Mellon University. In addition to his technical background Dr. Misra has over 10 years experience as an industry analyst and financial analyst covering the Semiconductor and Alternative Energy sectors.
Aura Announced the Passing of Dr. Arthur Schwartz, Aura's Chief Technical Officer, and the Appointment of Dr. Guanghui Wang as the New CTO
Business Wire - Mon Dec 17, 8:30AM CST
Aura Systems, Inc. (OTCBB: AUSI) with great sadness announced today that Dr. Arthur Schwartz, a Board Member and the Company's Chief Technical Officer, died on November 21, 2012 at the age of 65 after a short battle with cancer.
