ENER-CORE, Inc. (OTCMKTS:ENCR) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01
Effective as of January 30, 2019, the Company and certain investors that hold convertible senior secured notes issued in June 2018 (the “June 2018 Notes”) executed amendments to the amendment agreements and waivers dated as of December 31, 2018 (the “June 2018 Notes Amendments”), which (i) extend the maturity date of the June 2018 Notes to February 28, 2019; and (ii) amend the Redemption Requirement set forth in the June 2018 Notes to correspond to the amendments set forth in the 2015 Amendments and 2016 Amendments. The June 2018 Notes Amendments are binding upon the holders all of the June 2018 Notes to the terms thereof.
The forms of 2015 Amendments, 2016 Amendments, Bridge Notes Amendments and June 2018 Notes Amendments are attached as Exhibits 4.1, 4.2, 4.3 and 4.4, respectively, to this Current Report on Form 8-K and are also incorporated herein by reference. The foregoing descriptions of these agreements and instruments do not purport to be complete and are qualified in their entirety by reference to such exhibits.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
Ener-Core, Inc. Exhibit
EX-4.1 2 f8k013019ex4-1_enercoreinc.htm FORM OF AMENDMENT NO. 1 TO 2015 AMENDMENT AGREEMENT,…
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About ENER-CORE, Inc. (OTCMKTS:ENCR)
Ener-Core, Inc. designs, develops, manufactures and has commercially deployed products based on technologies that generate base-load, clean power from polluting waste gases that are otherwise destroyed or vented into the atmosphere by a range of industries. The Company also designs its technologies to provide power generation solutions with reduced air emissions. Its Power Oxidation technology offers an alternative to traditional methods of destroying gaseous pollution, by simultaneously enabling industrial facilities. Its commercial products include Ener-Core Powerstation EC250 (EC250) and Ener-Core Powerstation EC333 (EC333), which combine its Power Oxidizer with an approximately 250 kilowatt (kW)and over 333 kW gas turbine, respectively. It is also engaged in developing a product, which is called the KG2-3GEF/PO (KG2 with Power Oxidizer (KG2/PO)). It has over two powerstations in operation at a landfill site in the Netherlands and at the University of California, Irvine.