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Energy and Water Development Corp. Eliminates All Variable Convertible Debt

Energy and Water Development Corp. Eliminates All Variable Convertible Debt

能源和水利開發公司取消所有可變可轉換債務
Accesswire ·  2022/02/09 21:36

No Toxic Debt Instruments Remain

沒有剩餘的有毒債務工具

ST. PETERSBURG, FL / ACCESSWIRE / February 9, 2022 / Energy and Water Development Corp. (OTC PINK:EAWD) (the "Company"), an engineering company focused on delivering innovative and sustainable solutions of water and energy, is pleased to announce that it has eliminated all variable convertible debt. As of February 1, 2022, the Company has no convertible toxic debt. The most recent convertible debt financing has been completely eliminated as the Company paid off the remaining balance of the note avoiding the holder's ability to convert to equity.

聖彼得堡。佛羅裏達州彼得堡/ACCESSWIRE/2022年2月9日/能源和水開發公司。(場外粉色股票代碼:EAWD)(以下簡稱“本公司”)是一家專注於提供創新和可持續的水和能源解決方案的工程公司,該公司高興地宣佈,它已經取消了所有可變可轉換債務。截至2022年2月1日,公司沒有可轉換有毒債務。最近的可轉換債務融資已經完全取消,因為公司償還了票據的剩餘餘額,避免了持有者轉換為股權的能力。

Ralph Hofmeier, Chief Executive Officer of Energy and Water Development Corp., stated,

能源和水利開發公司首席執行官拉爾夫·霍夫邁爾(Ralph Hofmeier)表示,

"While we had to do what we could to access capital over these past year in order to grow our business, we recognize the negative effect certain structures and terms had on our stock price. We are extremely pleased to report that we are now debt free. With our first revenue-producing project in Germany in the city of Grünheide (Mark), just 20 miles east of Berlin's city center, and Tesla's European Gigafactory nearby, we are at a major inflection point for our business and we expect to attract much more advantageous capital to assist our growth to the next level. Our team, partners and customers are very excited for what is ahead for 2022."

他説:“雖然過去一年我們不得不盡我們所能獲得資金以擴大我們的業務,但我們認識到某些結構和條款對我們的股價產生的負面影響。我們非常高興地報告,我們現在沒有債務了。我們在德國的第一個創收項目位於柏林市中心以東僅20英里的格倫海德市(Mark),特斯拉的歐洲巨型工廠就在附近,我們的業務正處於一個重要的轉折點,我們預計將吸引更多的優勢資本,幫助我們實現更高水平的增長。我們的團隊、合作伙伴和客户對2022年的前景感到非常興奮。“

Energy and Water Development Corp.

能源和水利開發公司

Energy and Water Development Corp. (OTC: EAWD) is an engineering solutions company focused on delivering innovative and sustainable solutions of water and energy. EAWD builds its systems out of proven technologies, using their technical know-how to customize solutions to their clients' needs. The Company offers design, construction, maintenance and specialty consulting services to private companies, government entities and non-government organizations (NGOs).

能源和水開發公司(場外交易代碼:EAWD)是一家工程解決方案公司,專注於提供創新和可持續的水和能源解決方案。EAWD在經過驗證的技術基礎上構建其系統,使用他們的技術訣竅根據客户的需求定製解決方案。該公司為私營公司、政府實體和非政府組織(NGO)提供設計、施工、維護和專業諮詢服務。

For additional information, please visit:

欲瞭解更多信息,請訪問:

Forward-Looking Statements:

前瞻性陳述:

Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company's expectations about its future operating results, performance, and opportunities that involve substantial risks and uncertainties. When used herein, the words "anticipate," "believe," "estimate," "upcoming," "plan," "target," "intend" and "expect" and similar expressions, as they relate to Energy and Water Development Corp., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.

本文中包含的非基於當前或歷史事實的陳述屬於前瞻性陳述,符合1933年“證券法”第27A節和1934年“證券交易法”第21E節的含義。這些前瞻性陳述反映了公司對涉及重大風險和不確定因素的未來經營結果、業績和機會的預期。本文中使用的“預期”、“相信”、“估計”、“即將”、“計劃”、“目標”、“打算”和“預期”以及類似的表述,涉及能源和水開發公司、其子公司或其管理層,旨在識別此類前瞻性陳述。這些前瞻性陳述以公司目前掌握的信息為基礎,受許多風險、不確定因素和其他因素的影響,這些風險、不確定因素和其他因素可能導致公司的實際結果、業績、前景和機會與這些前瞻性陳述中明示或暗示的內容大不相同。

Corporate:
investor.relations@energy-water.com

公司:
郵箱:investor.relationship@energy-water.com

Investor Relations Contact:
ClearThink
bloper@clearthink.capital
p347-413-4234

投資者關係聯繫人:
ClearThink
郵箱:bloper@clearinkk.capital
p347-413-4234

SOURCE: Energy & Water Development Corp.

資料來源:能源和水利開發公司(Energy&Water Development Corp.)


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