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Eguana Announces Closing of First Tranche of Private Placement of Units and Provides Corporate Update

Eguana Announces Closing of First Tranche of Private Placement of Units and Provides Corporate Update

Eguana宣佈完成第一批私募單位並提供公司最新情況
GlobeNewswire ·  2023/12/09 06:49

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

本新聞稿僅用於在加拿大發行,不打算向美國新聞通訊社分發或在美國傳播

CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) ("Eguana" or the "Company"), a leading developer and manufacturer of high-performance energy storage systems, is pleased to announce that, further to the Company's news release dated November 23, 2023, it has closed the first tranche of a non-brokered private placement offering of units of the Company (the "Units"). The Company issued 11,300,000 Units at a price of $0.04 per Unit for gross proceeds of $452,000 (the "Offering").

艾伯塔省卡爾加里,2023年12月8日(GLOBE NEWSWIRE)——領先的高性能儲能系統開發商和製造商Eguana Technologies Inc.(多倫多證券交易所股票代碼:EGTY)(OTCQB:EGTYF)(“Eguana” 或 “公司”)欣然宣佈,繼公司於2023年11月23日發佈新聞稿之後,它已經完成了第一批非經紀公司本公司單位(“單位”)的私募發行。該公司以每單位0.04美元的價格發行了11,300,000套單位,總收益爲45.2萬美元(“發行”)。

Each Unit is comprised of one common share (each a "Common Share" and collectively, the "Common Shares") and one common share purchase warrant (the "Warrant"). Each Warrant entitles the holder thereof to purchase one additional Common Share at a price of $0.06 per Common Share for a period of 24 months following the closing date of the Offering.

每個單位由一股普通股(每股爲 “普通股”,合稱 “普通股”)和一份普通股購買權證(“認股權證”)組成。每份認股權證的持有人有權在發行截止之日後的24個月內以每股普通股0.06美元的價格額外購買一股普通股。

The Company anticipates using the net proceeds of the Offering to fund operations and working capital.

該公司預計將本次發行的淨收益用於爲運營和營運資金提供資金。

The Units and any securities issuable upon conversion thereof are subject to a statutory hold period of four months and one day from the date of issuance of the Units. The Offering is subject to final approval by the TSX Venture Exchange (the "TSXV").

單位及轉換後可發行的任何證券的法定持有期爲自單位發行之日起四個月零一天。本次發行須經多倫多證券交易所風險交易所(“TSXV”)的最終批准。

The Units were offered and sold by private placement in Canada pursuant to exemptions from the prospectus requirements under National Instrument 45-106 Prospectus Exemptions, and in certain other jurisdictions on a basis which does not require the qualification or registration of the securities issued pursuant to the Offering.

根據國家儀器45-106的招股說明書要求豁免,這些單位是在加拿大通過私募發行和出售的 招股說明書豁免,在某些其他司法管轄區,其基礎不要求對根據本次發行的證券進行資格認證或登記。

The subscription by insiders pursuant to the Offering is considered to be a related party transaction subject to Multilateral Instrument 61-101 ("MI 61-101"). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1) (a) of MI 61-101 on the basis that participation in the private placement by insiders will not exceed 25% of the fair market value of the Company's market capitalization. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the first tranche of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner. The Company anticipates closing the second tranche on or about December 22, 2023.

內部人士根據本次發行進行的認購被視爲受多邊文書61-101(“MI 61-101”)約束的關聯方交易。公司打算依靠MI 61-101第5.5(a)和5.7(1)(a)條規定的正式估值和小股東批准要求的豁免,前提是內部人士參與私募的比例不得超過公司市值公允市場價值的25%。在第一批發行結束前至少21天,公司沒有就關聯方交易提交重大變更報告,公司認爲在這種情況下,爲了迅速完成本次發行,這份報告是合理的。該公司預計在2023年12月22日左右完成第二批。

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "1933 Act") and may not be offered or sold to, or for the account or benefit of, persons in the United States or "U.S. persons" (as such term is defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements of the 1933 Act any application state securities laws.

本新聞稿不應構成出售要約或徵求買入要約,在任何州,此類要約、招標或出售是非法的,也不得出售證券。所發行的證券沒有也不會根據經修訂的1933年《美國證券法》(“1933年法案”)進行註冊,未經註冊或未獲得1933年法案註冊要求的適用豁免,不得向在美國的個人或 “美國人”(該術語的定義見1933年法案的S條例)或爲其賬戶或利益而發行或出售法律。

Corporate Update

公司最新消息

Alongside the financing activities to bridge short term liquidity concerns, for the remainder of 2023, the Company will furlough employees related to its North American business channels, where renewable markets remain constrained due to larger macro-economic factors. Australian and European subsidiaries, where market activities appear to be recovering at a faster pace and where the Company has near term sales momentum, will remain unaffected.

除了爲彌合短期流動性問題而開展的融資活動外,在2023年的剩餘時間內,公司還將解僱與其北美業務渠道相關的員工,在這些渠道中,由於宏觀經濟因素的加大,可再生能源市場仍然受到限制。澳大利亞和歐洲子公司將保持不受影響,這些公司的市場活動似乎正在以更快的速度復甦,並且公司短期內銷售勢頭強勁。

"We've seen an increase in utility engagements related to virtual power plant (VPP) rollouts and with acceptance into seven VPP programs currently, we are optimistic looking into 2024 and are continuing our grid modernization strategy," commented Justin Holland, Chief Executive Officer of Eguana. "With major objectives rolling out in Europe and Australia, US market recovery predicted in mid-2024, and recurring revenue opportunities, we anticipate seeing revenue growth and stronger financial performance in 2024."

Eguana首席執行官賈斯汀·霍蘭德評論說:“我們已經看到與虛擬發電廠(VPP)推出相關的公用事業參與度有所增加,目前已有七個VPP項目獲得接受,我們對2024年持樂觀態度,並將繼續我們的電網現代化戰略。”“隨着歐洲和澳大利亞推出主要目標,預計美國市場將在2024年中期復甦,以及經常性收入機會,我們預計2024年將實現收入增長和更強勁的財務表現。”

This decision to reduce short term operational costs related to North American channels was based on typical seasonality patterns, where sales and installations generally drop through the second half of December, combined with the overall slowness of the renewable energy sector in the US. Management has also begun working to transfer the North American sales team to its US partner, to continue building out distribution and retail sales channels under the DPC brand, further reducing 2024 operational costs. Additionally, the Company received approval from its lending partner to defer its December 1st payment, under its long-term debt agreement, to December 15th.

降低與北美渠道相關的短期運營成本的決定是基於典型的季節性模式,即到12月下半月,銷售和安裝量通常會下降,再加上美國可再生能源行業整體放緩。管理層還開始努力將北美銷售團隊轉移到其美國合作伙伴,繼續以DPC品牌建立分銷和零售銷售渠道,進一步降低2024年的運營成本。此外,該公司已獲得貸款合作伙伴的批准,可以推遲12月1日st 根據其長期債務協議,還款至12月15日第四

About Eguana Technologies Inc.

關於 Eguana Technologies

Eguana Technologies Inc. (EGT: TSX.V) (OTCQB: EGTYF) designs and manufactures high performance residential and commercial energy storage systems. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with full solar + storage system architecture, for residential and commercial applications. Eguana has two decades of experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers proven, durable, high-quality solutions from its high-capacity manufacturing facilities in North America, Europe, and Australia.

Eguana Technologies Inc.(EGT:TSX.V)(OTCQB:EGTYF)設計和製造高性能住宅和商業儲能系統。該公司還營銷和銷售一套微型逆變器產品,這些產品與其儲能平台集成,爲消費者提供完整的太陽能+存儲系統架構,用於住宅和商業應用。Eguana在爲燃料電池、光伏和電池應用提供電網邊緣電力電子設備方面擁有二十年的經驗,並通過其位於北美、歐洲和澳大利亞的高容量製造工廠提供久經考驗、耐用、高質量的解決方案。

With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is one of the leading suppliers of power controls for solar self-consumption, grid services and demand charge applications at the grid edge. Focused on distributed energy storage applications located at the point of energy consumption, Eguana provides cost-effective solutions to modernize the power grid, from the consumer to the electricity retailer, the distribution utility, and the system operator.

Eguana在歐洲和北美市場部署了數千個專有的儲能逆變器,是太陽能自耗、電網服務和電網邊緣按需充電應用的電力控制的領先供應商之一。Eguana專注於位於能耗點的分佈式儲能應用,提供具有成本效益的解決方案,以實現從消費者到電力零售商、配電公用事業和系統運營商的電網現代化。

To learn more, visit www.EguanaTech.com or follow us on Twitter @EguanaTech

要了解更多信息,請訪問 www.eguanatech.com 或在 Twitter 上關注我們 @EguanaTech

Company Inquiries

公司查詢

Justin Holland
CEO, Eguana Technologies Inc.
+1.416.728.7635
Justin.Holland@EguanaTech.com

賈斯汀荷蘭
Eguana 科技公司首席執行官
+1.416.728.7635
Justin.Holland@EguanaTech.com

Forward Looking Statements and Risks

前瞻性陳述和風險

The reader is advised that all information herein, other than statements of historical fact, may constitute forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning assigned by National Instrument 51-102 - Continuous Disclosure Obligations and other relevant securities legislation.

建議讀者,除歷史事實陳述外,此處的所有信息,都可能構成國家儀器51-102規定的含義範圍內的前瞻性陳述和前瞻性信息(統稱爲 “前瞻性陳述”)- 持續披露義務 以及其他相關的證券立法。

Forward-looking statements include, among other things, statements regarding the timing and completion of the Offering, the use of proceeds of the Offering, receipt of TSXV approval, future profitability, and financial outlook for 2024. Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties. Many factors could cause the Company's actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Such factors include, but are not limited to, risks associated with: failure to obtain necessary regulatory approvals to close the Offering; failure by the Company to close the Offering as contemplated; failure by the Company to properly allocate use of proceeds for immediate needs, such as debt service, payroll and payments; failure by the Company to receive the desired effect of the furlough to bridge short term liquidity concerns; failure by the Company to further reduce operational costs; with respect to VPP rollouts, there is no certainty that despite being accepted to seven VPP programs, that this will translate into revenue for the Company; macro-economic conditions affecting the renewable energy sector; failure by the Company to raise additional funds to fund working capital requirements or to solve its current cash flow constraints, which would impact the viability of the business to continue operating as a going concern or the viability of the business to continue operating altogether; and other factors as set out in the "Risk Factors" section of the Company's management's discussion and analysis for the three and nine months ended September 30, 2023 and annual information form dated May 1, 2023, which may be found on its website or at .

除其他外,前瞻性陳述包括有關本次發行的時間和完成、本次發行收益的用途、TSXV批准的收據、未來盈利能力和2024年財務前景的陳述。前瞻性陳述不能保證未來的表現,涉及許多風險和不確定性。許多因素可能導致公司的實際業績、業績或成就,或未來的事件或發展,與前瞻性信息所表達或暗示的結果存在重大差異。這些因素包括, 但不限於,與以下風險相關的風險:未能獲得必要的監管批准以完成本次發行;公司未能按計劃完成本次發行;公司未能將所得款項適當用於償債、工資和付款等即時需求;公司未能獲得緩解短期流動性擔憂的預期效果;公司未能進一步降低運營成本;在VPP的推出方面,尚不確定儘管被七個 VPP 計劃錄取,但這個將轉化爲公司的收入;影響可再生能源行業的宏觀經濟狀況;公司未能籌集額外資金來滿足營運資金需求或解決其當前的現金流限制,這將影響企業繼續經營的可行性或企業繼續全面運營的可行性;以及公司管理層在截至三個月和九個月的討論和分析中 “風險因素” 部分中列出的其他因素 2023年9月30日以及日期爲2023年5月1日的年度信息表,可在其網站或網址上找到。

Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to forward-looking statements contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

提醒讀者不要過分依賴前瞻性信息,這些信息僅代表截至本文發佈之日的前瞻性信息。除非適用的證券法另有要求,否則公司沒有義務公開發布本文中包含的前瞻性陳述的任何修訂,以反映本聲明發布之日之後發生的事件或情況或反映意外事件的發生。

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

多倫多證券交易所及其監管服務提供商(該術語在多倫多證券交易所政策中定義)均不對本新聞稿的充分性或準確性承擔責任。


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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