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AEHR Test Systems (AEHR.O)

AEHR.O on Consolidated Issue listed on NASDAQ Capital Market

4.11USD
17 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Aehr Test Systems completes convertible debt financing with strategic investor
Monday, 13 Apr 2015 06:30am EDT 

Aehr Test Systems:Has completed convertible debt financing with strategic investor QVT Financial LP consisting of $4.1 mln convertible note and $2 mln line of credit.Says $4.1 mln convertible debt is a secured and senior loan with two-year term and is convertible into common shares of company at conversion price of $2.65 per common share.Interest will be paid in cash quarterly at an annual rate of 9 pct.  Full Article

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