Ivanhoe Capital Acquisition Corp. Warrants each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per... IVAN.WS

Energy Financial Services

Ivanhoe Capital Acquisition Corp is a special purpose acquisition company that targets companies in the supply chain from the mine site to the end-user of electrification products and services, including in the transportation, e-mobility, electric propulsion, battery technology, and storage sectors. These include companies exploring for mining, processing, or refining metals necessary for electrification; and manufacturers of battery and battery components, electric grid component manufacturers, and producers of electric vehicles, parts, and battery storage.

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Ivanhoe Capital Acquisition Corp. Warrants each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per...

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Post by thianon Mar 20, 2012 8:10am

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Post# 19693439

Methink something is up!

Why is Friedland loading? What does he know?

The deal involving Ivanhoe Energy and Ivanhoe Capital Finance Ltd., which concluded last week, amended a December 2011 loan agreement. It gives Mr. Friedland the right to convert each 96 cents of outstanding principal into one common share. That could raise his stake in the company to 17.95 per cent from 15.49 per cent.

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