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SPI Energy Announces Exercise of Private Placement Option

SPI Energy Announces Exercise of Private Placement Option

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SPI Energy Co., Ltd., a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, recently announced that Central Able Investments Limited has exercised its option to purchase 2,500,000 ordinary shares (the “Shares”) of SPI Energy for a total purchase price of US$5 million, pursuant to an option agreement between the two parties dated January 22, 2015 and its supplemental agreement dated January 11, 2016. The Shares are being offered and sold solely to a non-U.S. investor on a private placement basis in reliance on Regulation S promulgated under the U.S. Securities Act of 1933, as amended.

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Anand Gupta Editor - EQ Int'l Media Network

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