One Energy has Successfully Closed its Oversubscribed $35+ million Series A Preferred Round
One Energy Enterprises Inc. (the “Company”) today announced that the Company received signed commitments to purchase additional shares (“Additional Series A Investments”) of One Energy Series A convertible preferred stock (“OE Series A Shares”) which, together with prior purchases and sales of OE Series A Shares (collectively, the “Series A Preferred Investments”) represent an aggregate oversubscribed total raise of over $35 million.
- One Energy Enterprises Inc. (the “Company”) today announced that the Company received signed commitments to purchase additional shares (“Additional Series A Investments”) of One Energy Series A convertible preferred stock (“OE Series A Shares”) which, together with prior purchases and sales of OE Series A Shares (collectively, the “Series A Preferred Investments”) represent an aggregate oversubscribed total raise of over $35 million.
- The Company is actively exploring additional PIPE or other financing opportunities prior to closing the proposed Business Combination.
- Such financing transactions, if any, would be pursued subject to and in accordance with the Business Combination Agreement.
- Financial Group, LLC, acted as the Company’s exclusive placement agent in connection with the Additional Series A Investments.