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Ener1 Group Completes Block Trade With Institutional InvestorsFORT LAUDERDALE, FL | Posted on February 16th, 2007
Charles Gassenheimer, Ener1, Inc.'s Vice Chairman, said, "When combined with the $5.5 million raised in January, of which $4 million was invested as equity into in Ener1, Inc., this brings the capital raised to $7 million during 2007. As a critical component of our strategic goals, this transaction continues to increase the public float of Ener1, Inc., increase the liquidity of the common stock and facilitate greater exposure of our company."
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