Aurora Solar Technologies Inc V.ACU

Interesting

[ARIMA11]

7.2 Non-Brokered Private Placement

In a non-brokered private placement, the investors place their money directly with the company. This saves a lot of money on fees for the company.

 

Non-brokered financings are typically done by companies with access to good contacts and networks. They have “reach,” so they don’t need to pay a broker.

 

https://katusaresearch.com/guide-to-private-placements/#:~:text=In%20a%20non-brokered%20private,need%20to%20pay%20a%20broker.

[ARIMA11]

Aurora has offered to acquire BTi through a share for share transaction in the amount of $16.2 million (Canadian dollars), based on an Aurora share price of $0.20. The Offer is made under a Share Purchase Agreement between the shareholders of BTi and Aurora (the "Offer"). Aurora's Offer has been initially accepted by 63% of all BTi shareholders, including 81% of its preference

[ARIMA11]

BTi, a private Australian company, is a well-established leader in photoluminescence (PL) imaging tools for PV material inspection and quality control during production, and for laboratory use during product development. BTi’s products are used in multiple parts of the PV supply chain – from silicon ingots and wafers, through to finished cells. They are found in industrial facilities and