AMERICAN ELECTRIC TECHNOLOGIES, INC. (NASDAQ:AETI) Files An 8-K Entry into a Material Definitive AgreementItem 1.01
Exhibit No. |
Description |
10.1 | Agreement dated August1, 2017 between the Company and JCH Crenshaw Holdings, LLC relating to the repricing of the initial conversion price of the Series A Convertible Preferred Stock and initial exercise price of the Common Stock Purchase Warrants sold in 2012. |
99.1 | Press Release dated August3, 2017. |
American Electric Technologies Inc ExhibitEX-10.1 2 d435758dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 AGREEMENT This AGREEMENT (the Agreement) is made as of August 1,…To view the full exhibit click here
About AMERICAN ELECTRIC TECHNOLOGIES, INC. (NASDAQ:AETI)
American Electric Technologies, Inc. is a provider of power delivery solutions to the global energy industry. The Company serves a range of markets, such as power generation and distribution, oil and gas, and marine and industrial. It provides power delivery solutions for the power generation and distribution market sectors. It works with turbine manufacturers, engine-generator manufacturers and dealers, engineering, procurement and construction (EPC) firms, and high voltage service companies to provide electric power delivery products and solutions. It designs, manufactures, commissions and maintains its equipment for implementation in base-load, peaking power, cogeneration and substation transmission facilities across the world. It provides power delivery solutions for the upstream, midstream and downstream oil and natural gas sectors. Its industrial markets include non-oil and gas industrial markets, such as steel, paper, heavy commercial, and other non-oil and gas applications.