Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AEMETIS, INC incurred credit facility of $111,000,000 with Protair-X Aemericas, Inc. at the greater of (i) prime rate plus 10% or (ii) 16% maturing April 30, 2025.
- Instrument
- credit facility
- Principal
- $111,000,000
- Counterparty
- Protair-X Aemericas, Inc.
- Rate
- the greater of (i) prime rate plus 10% or (ii) 16%
- Maturity
- April 30, 2025
- Event
- incurrence
Exact text from the filing
the Credit Agreement would have an effective date of May 1, 2024, a principal amount of $111,000,000, a maturity date of April 30, 2025, and an annual interest rate equal to the greater of (i) prime rate plus 10% or (ii) 16%
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
AEMETIS, INC amended Fifth Waiver and Amendment to Series A Preferred Unit Purchase Agreement with Protair-X Aemericas, Inc. valued at extended redemption date to April 30, 2024; redemption price increased to $111,000,000 (effective 2024-02-08).
- Action
- amendment
- Agreement
- equity purchase
- Counterparty
- Protair-X Aemericas, Inc.
- Value
- extended redemption date to April 30, 2024; redemption price increased to $111,000,000
- Effective
- 2024-02-08
Exact text from the filing
On February 8, 2024, Aemetis Biogas LLC (“ ABGL ”), a subsidiary of Aemetis, Inc., entered into a “Fifth Waiver and Amendment to Series A Preferred Unit Purchase Agreement” (“ PUPA Amendment ”) with Protair-X Aemericas, Inc. (“ Purchaser ”) and Third Eye Capital Corporation.
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