Aemetis Biogas extends $114.7M preferred unit redemption to April 30, 2026; credit agreement triggers if missed

AEMETIS, INC

Redemption deadline moved from Dec 31, 2025 to Apr 30, 2026; price set at $114.7M including a $2M fee.
If not redeemed, ABGL enters a credit agreement with Protair-X and Third Eye Capital: $114.7M principal, due May 1, 2027.
Credit agreement bears interest at 16% or prime+10%, compounded daily; Aemetis and subsidiaries guarantee and pledge assets.
ABGL has paid $38.3M prior; the $17.5M closing fee is due on redemption date or added to principal if credit agreement is used.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AEMETIS, INC amended Eleventh Waiver and Amendment to Series A Preferred Unit Purchase Agreement with Protair-X Technologies Inc. and Third Eye Capital Corporation, as agent valued at $114.7 million (effective 2025-12-31).

Action: amendment
Agreement: equity purchase
Counterparty: Protair-X Technologies Inc. and Third Eye Capital Corporation, as agent
Value: $114.7 million
Effective: 2025-12-31

Exact text from the filing

On February 4, 2026, Aemetis Biogas LLC ("ABGL"), a subsidiary of Aemetis, Inc., entered into an agreement, effective as of December 31, 2025, entitled Eleventh Waiver and Amendment to Series A Preferred Unit Purchase Agreement ("PUPA Eleventh Amendment"), with Protair-X Technologies Inc. ("Holder") and Third Eye Capital Corporation, as agent for the Holder.

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AEMETIS, INC filing history →

Source: SEC EDGAR

accession 0001437749-26-003382

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