Deal to span two years; agent Reedland Capital Partners arranges sales
By Devika Patel
Knoxville, Tenn., Feb. 24 – Amyris, Inc. said it has arranged a $50 million two-year common stock purchase agreement with Nomis Bay Ltd.
Reedland Capital Partners is the agent.
Emeryville, Calif.-based Amyris is a maker of renewable chemicals and fuels.
| Issuer: | Amyris, Inc.
|
| Issue: | Common stock purchase agreement
|
| Amount: | $50 million
|
| Tenor: | Two years
|
| Warrants: | No
|
| Agent: | Reedland Capital Partners
|
| Investor: | Nomis Bay Ltd.
|
| Settlement date: | Feb. 24
|
| Stock symbol: | Nasdaq: AMRS
|
| Stock price: | $2.03 at close Feb. 23
|
| Market capitalization: | $156.57 million
|
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