Entering text into the input field will update the search result below

China Recycling completes warrant exchange offer

Nov. 25, 2019 9:56 AM ETSmart Powerr Corp. (CREG) StockCREGBy: Yoel Minkoff, SA News Editor
  • China Recycling Energy (CREG -8.4%) has exchanged all remaining outstanding warrants that were issued to investors as part of two financings in 2018 and 2019, respectively, for shares of CREG’s common stock.
  • "This exchange offer helped to eliminate all outstanding warrants issued to investors, thereby simplifying the Company’s capital structure for our shareholders and removing a significant stock overhang," said CEO Guohua Ku. "As a result, we believe investors are now better able to value the business as we focus on new strategic growth initiatives."

Recommended For You

More Trending News

About CREG Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
CREG--
Smart Powerr Corp.