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Car Charging Group Completes $6 Million Capital Raise

Car Charging Group today announced that it has closed an offering (the “Offering”) and raised net proceeds of up to $6 million with current institutional shareholders. The Offering consisted of convertible preferred securities with a conversion price of $0.70 and warrants exercisable at $1.00. Proceeds will be used to: – Strengthen CarCharging’s balance sheet; – […]