Key Developments: Aventine Renewable Energy Holdings Inc (AVRW.PK)

AVRW.PK on OTC Markets Group

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13 May 2015
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Latest Key Developments (Source: Significant Developments)

Pacific Ethanol Inc enters into merger agreement with Aventine Renewable Energy Holdings Inc
Wednesday, 31 Dec 2014 08:30am EST 

Pacific Ethanol Inc:Entered into a definitive merger agreement under which Pacific Ethanol will acquire all of Aventine's outstanding shares in stock-for-stock merger transaction.Under terms of merger agreement, Pacific Ethanol expects to issue about 17.75 mln shares of its common stock upon closing in exchange for all of issued and outstanding shares of Aventine's common stock.Upon completion, existing Pacific Ethanol shareholders will own about 58 pct of issued and outstanding shares of common stock of the combined entity, and Aventine will nominate two representatives to be named later to Pacific Ethanol's board of directors, increasing total board count to nine.Closing of transaction, which is expected to occur during Q2 of 2015.  Full Article

Aventine Renewable Energy Holdings Inc secures loan
Thursday, 18 Sep 2014 07:00am EDT 

Aventine Renewable Energy Holdings Inc:Secured a $40 million loan and security agreement in partnership with AloStar Bank of Commerce in Birmingham, Alabama, and MidCap Financial LLC in Bethesda, Maryland.  Full Article

brian steenhard promoted to CFO of Aventine Renewable Energy Holdings Inc:
Thursday, 12 Jun 2014 07:00am EDT 

Aventine Renewable Energy Holdings Inc:Says Brian Steenhard was recently promoted to chief financial officer.  Full Article

Aventine Renewable Energy announces President and CEO appointment
Thursday, 5 Jun 2014 07:00am EDT 

Aventine Renewable Energy Holdings Inc:Promotes Mark Beemer to President and CEO.  Full Article

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