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US: Omnitek Engineering raises US$5.5m

The diesel-to-natural gas powertrain converter Omnitek Engineering Corporation has closed a private placement of common stock and warrants, raising US$5,516,762m in gross proceeds. The company issued an aggregate 2,602,264 shares of common stock at a price of US$2.12 and warrants to a group of investors with a five-year term Subscribe to Automotive World to continue … Continued

The diesel-to-natural gas powertrain converter Omnitek Engineering Corporation has closed a private placement of common stock and warrants, raising US$5,516,762m in gross proceeds.

The company issued an aggregate 2,602,264 shares of common stock at a price of US$2.12 and warrants to a group of investors with a five-year term

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https://www.automotiveworld.com/articles/93299-us-omnitek-engineering-raises-us-5-5m/

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