Luxury Cars Articles

Market Wire

Cyclone Power Technologies Cancels Issuance of Additional Shares

November 14, 2012

POMPANO BEACH, FL--(Marketwire - Nov 14, 2012) - Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of the all-fuel, clean-tech Cyclone Engine, has filed a request for withdrawal of its registration statement on Form S-1 covering up to 10 million shares of common stock and shares underlying 5 million warrants. The securities would have been issued to GEM Global Yield Fund (GGYF) pursuant to an offering whereby GGYF would purchase up to $2.5 million in stock from Cyclone at a 10% discount to market over the following 24 months.

Read entire article on Market Wire
« Previous Article Next Article »

More From Luxury Cars Articles

  • AED Partners With ADP Performance Inc. to Offer Construction Equipment Dealer 20 Groups
  • GreenMan Technologies Subsidiary Receives $150,000 International Dual Fuel Vehicular Order
  • Should you jump on a Black Friday deal for a streaming digital media player?
  • Write a Story/Review about this topic

    Post a Comment

     

    Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE