Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.0833333333333333 -0.0416874999999999 0.0393750000000002
Stock impact report

Aqua Metals Restructures USDA Backed Loan Agreement with Veritex Bank

Aqua Metals, Inc. (AQMS) 
Last aqua metals, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.aquametals.com
Company Research Source: GlobeNewswire
MCCARRAN, Nev., March 30, 2020 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals” or the “Company”), which is reinventing lead recycling with its AquaRefining™ technology, today announced that it has executed an Agreement with Veritex Bank (which acquired Green Bank in January 2019) to restructure the Company’s existing ~$9M loan Agreement. The primary focus for the restructuring was to remove various restrictive covenants on the Company that dictate how fire related insurance collection proceeds are to be spent. In addition, restructuring the Agreement immediately releases $3.5M of insurance proceeds currently in escrow and defines how portions of the anticipated future insurance recovery proceeds will be split between Veritex Bank and the Company. The loan is currently secured by real property, personal property and a certificate of deposit. Pursuant to the Agreement, the Company will fully retire the ~$9M loan upon receiving the first $25M of the potential $50M Show less Read more
Impact Snapshot
Event Time:
AQMS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
AQMS alerts

from News Quantified
Opt-in for
AQMS alerts

from News Quantified