Aemetis, Inc. (NASDAQ:AMTX) Files An 8-K Entry into a Material Definitive Agreement

Aemetis, Inc. (NASDAQ:AMTX) Files An 8-K Entry into a Material Definitive Agreement

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Item 1.01 Entry into a Material Definitive Agreement.

As reported in Item 2.03 of this Form 8-K, on April 28, 2017,
Aemetis, Inc. (the Registrant) and certain of its subsidiaries
(together with the Registrant, the Company) executed and
delivered to Third Eye Capital Corporation (the Payee) a
promissory note, a copy of which is included as Exhibit 10.1 to
this Form 8-K (the Promissory Note). Exhibit 10.1 as well as its
description included in Item 2.03 of this Form 8-K are
incorporated into this Item 1.01 by reference.
Item 2.03 Creation of a Direct Financial Obligation.
On April 28, 2017, the Company entered into a short-term credit
facility for working capital and other general corporate purposes
governed by the Promissory Note, payable to the Payee in the
principal amount of $1,500,000. The Promissory Note contains
certain restrictions on the use of proceeds, to be approved by
the Payee. The Promissory Note bears interest from April 28, 2017
until repayment in full at the rate of 14% per annum, paid
monthly in arrears. The outstanding principal balance of the
indebtedness evidenced by the Promissory Note, plus any accrued
but unpaid interest and any other sums due thereunder, shall be
due and payable in full at the earlier to occur of (a) closing of
the financing transaction between the Company and Goodland
Advanced Fuels, Inc. governed by a term sheet dated April 13,
2017, (b) receipt of proceeds from any financing, refinancing or
other similar transaction, (c) extension of credit by the Payee,
as lender or as agent on behalf of certain lenders, to the
Company or its affiliates and (d) June 15, 2017. The Note is
secured by liens and security interests upon the property and
assets of the Company as described in that certain Amended and
Restated Note Purchase Agreement, dated as of July 6, 2012.
The foregoing descriptions of the Promissory Note do not purport
to be complete and are qualified in their entirety by reference
to the full text of the Promissory Note, which is filed as
Exhibit 10.1 hereto and incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit 10.1
Promissory Note, dated as of April 28, 2017, by and
between Aemetis, Inc., Aemetis Advanced Fuels Keyes,
Inc., Aemetis Facility Keyes, Inc. and Third Eye Capital

About Aemetis, Inc. (NASDAQ:AMTX)

Aemetis, Inc. is an international renewable fuels and biochemicals company. The Company is focused on the production of fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products by conversion of first-generation ethanol and biodiesel plants into biorefineries. Its segments include North America and India. The North America segment includes the Company’s approximately 60 million gallon per year capacity ethanol manufacturing plant in Keyes, California and its technology lab in College Park, Maryland. The India segment includes the Company’s over 50 million gallon per year capacity biodiesel manufacturing plant in Kakinada, the administrative offices in Hyderabad, India, and the holding companies in Nevada and Mauritius. The Keyes plant produces denatured ethanol, Wet Distillers Grains, corn oil and Condensed Distillers Solubles. It produces biodiesel and refined glycerin at the Kakinada plant.

Aemetis, Inc. (NASDAQ:AMTX) Recent Trading Information

Aemetis, Inc. (NASDAQ:AMTX) closed its last trading session up +0.01 at 1.16 with 13,355 shares trading hands.

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