Acro Energy acquires Energy Efficiency Solar, Prepares Private Placement
California Private Placement: US solar integrator Acro Energy Technologies Corp. announced the complete acquisition of California based Energy Efficiency Solar Inc under a Stock Purchase Agreement between Solar, its sole shareholder William Korthof and the company.
Acro acquired all issued and outstanding shares of Solar for cash USD250,000, a promissory note of USD740,700 and 2,216,250 of Acro’s treasury issued common shares at a deemed value of CAD0.24 per share that is subject to a four-month hold period.
Additionally, subject to TSX Venture Exchange’s approval a non-brokered private placement of approximately 1,190,000 units at CAD0.185 per unit has been arranged by Acro, for aggregate gross proceeds of approximately CAD220,800.
One Acro common share and one share purchase warrant will comprise each unit, while the holder is permitted to purchase one additional Acro share at CAD0.35 per share within two years after the private placement closes, with each warrant.
Proceeds will be used by Acro for ongoing acquisition efforts and general corporate overhead purposes.
PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.
Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.
PPM.co’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.
We are leaders in:
• California Private Placement
• Solar Power Energy Private Placement
• Technology Private Placement
• Debt Private Placement
• Equity Private Placement
• Technology Private Placement Memorandum Writing
• California Private Placement Memorandum Writing
• Solar Power Energy Private Placement Memorandum Writing
• Debt Private Placement Memorandum Writing
• Equity Private Placement Memorandum Writing