Emav Holdings Inc (EMAV) 0.0300 $EMAV
EMAV Holdings signs agreement with Tarpon Bay Partners LLC for USD5m
M2 - Tue Dec 29, 3:22AM CST
EMAV Holdings Inc (OTCQB:EMAV) revealed on Tuesday an Equity Purchase Agreement with an institutional investor Tarpon Bay Partners LLC that establishes a new credit financing mechanism worth USD5m.
EMAV Holdings, Inc. Signs $5,000,000 Equity Purchase Agreement
BusinessWire - Mon Dec 28, 3:26PM CST
EMAV Holdings, Inc. (OTCQB: EMAV) ("EMAV" or "the Company"
, seeking to become the industry leader for assembly of alternative fuel vehicles and the sale of commercial electric vehicles, is pleased to announce it has entered into an Equity Purchase Agreement (the "Agreement" with Tarpon Bay Partners LLC ("Tarpon", an institutional investor. The Agreement establishes a new $5,000,000 credit financing mechanism, the proceeds of which will be used to fund acquisitions for EMAV, manufacturing and marketing operations for EMAV's commercial electric vehicles, and for general working capital purposes. Pursuant to the Agreement, Tarpon will commit to purchase up to $5,000,000 of the Company's common stock over the next 24-months. The Company is required to register shares of its common stock with the Securities and Exchange Commission ("SEC", intended to be resold by Tarpon as the Company accesses the funds in connection with the Agreement. The Company is required to file a registration statement with the SEC, and proceeds will become available to the Company upon the registration statement being declared effective by the SEC. Details of the Agreement can be found on the Company's report being filed on Form 8-K with the SEC today.
EMAV Holdings signs agreement with Tarpon Bay Partners LLC for USD5m
M2 - Tue Dec 29, 3:22AM CST
EMAV Holdings Inc (OTCQB:EMAV) revealed on Tuesday an Equity Purchase Agreement with an institutional investor Tarpon Bay Partners LLC that establishes a new credit financing mechanism worth USD5m.
EMAV Holdings, Inc. Signs $5,000,000 Equity Purchase Agreement
BusinessWire - Mon Dec 28, 3:26PM CST
EMAV Holdings, Inc. (OTCQB: EMAV) ("EMAV" or "the Company"
, seeking to become the industry leader for assembly of alternative fuel vehicles and the sale of commercial electric vehicles, is pleased to announce it has entered into an Equity Purchase Agreement (the "Agreement" with Tarpon Bay Partners LLC ("Tarpon", an institutional investor. The Agreement establishes a new $5,000,000 credit financing mechanism, the proceeds of which will be used to fund acquisitions for EMAV, manufacturing and marketing operations for EMAV's commercial electric vehicles, and for general working capital purposes. Pursuant to the Agreement, Tarpon will commit to purchase up to $5,000,000 of the Company's common stock over the next 24-months. The Company is required to register shares of its common stock with the Securities and Exchange Commission ("SEC", intended to be resold by Tarpon as the Company accesses the funds in connection with the Agreement. The Company is required to file a registration statement with the SEC, and proceeds will become available to the Company upon the registration statement being declared effective by the SEC. Details of the Agreement can be found on the Company's report being filed on Form 8-K with the SEC today. 
