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Ener1 files $100 million shelf registration
By Devika Patel
Knoxville, Tenn., Jan. 7 - Ener1, Inc. filed a $100 million shelf registration in an S-3 filing with the Securities and Exchange Commission.
The registration covers common stock, preferred stock, debt securities, warrants and units.
The securities may be structured as convertibles.
Proceeds will be used as working capital and for general corporate purposes.
Ener1 also registered 7,945,936 shares for sale by shareholders, which will not raise any proceeds for the company.
Fort Lauderdale, Fla.-based Ener1 is an alternative energy technology company.
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