Global Clean Energy Secures Equity Facility to Support Growth Initiatives and Announces Board Update
Global Clean Energy secured an equity facility with a family office, committing up to $1 million convertible into shares and warrants to support its strategic growth. The initial tranche of $150,000 was funded at $0.05 per share, including 30-month warrants exercisable at $0.25 and a put feature at $0.50.
Key figures
- Deal Value Usd
- 1000000
- Put feature price
- 0.5
- Initial share price
- 0.05
- Initial tranche usd
- 150000
- Warrant term months
- 30
- Warrant exercise price
- 0.25
AI analysis
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