Energy Plug Closes Oversubscribed Non-Brokered Private Placement
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Energy Plug Technologies Corp. has successfully closed its oversubscribed non-brokered private placement, raising $50,000 by issuing 333,333 units at $0.15 each. Each unit includes one common share and a warrant with a $0.25 exercise price, valid for one year.
February 14, 2025 | 8:45 pm
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Energy Plug Technologies Corp. completed its private placement, raising $50,000. This could provide the company with additional capital for growth and operations.
The successful closing of the private placement provides Energy Plug with additional capital, which can be used for growth initiatives or operational needs. This is generally positive for the company's financial health and could lead to a short-term increase in stock price.
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RELEVANCE 100