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Home > News > Ener1 Raises $14.2 Million in Private Placement

March 14th, 2005

Ener1 Raises $14.2 Million in Private Placement

Abstract:
Ener1, Inc. announced today that it has signed definitive agreements for a private placement of convertible debentures and warrants for gross proceeds of $14,225,000. The debentures are being purchased by select institutional investors, led by New York City-based Satellite Strategic Finance Associates LLC and Satellite Strategic Finance Partners Ltd.

Source:
prnewswire

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