Ener-Core Enters into Definitive Agreement for the Private Placement of $3.1 … – Business Wire (press release)

Ener-Core Enters into Definitive Agreement for the Private Placement of $3.1
Business Wire (press release)
For each dollar invested in the senior secured notes, the investors will receive warrants with a five-year term to purchase approximately 2.2 shares of common stock at an exercise price of $0.25 per share. Alain Castro, CEO of Ener-Core, said, “As Ener

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