ZENN Motor Increases Stake in EEStor to 10.7%; EESU Production Prototype Promised by End of 2009
Green Car Congress
JULY 22, 2009
The new investment represents the exercise of the maximum additional investment option available to ZMC which was to acquire 117,757 shares at the same price-per-share as the original equity investment granted to ZMC pursuant to the share purchase agreement between ZMC and EEStor dated 30 April 2007.
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