Thursday, March 27, 2025

CRS Electronics Settles Bridge Loan to Diocles

Posted in
Business
on
CRS Electronics Settles Bridge Loan to Diocles
CRS Electronics Inc., a company specializing in LED lighting, has successfully repaid a short-term bridge financing loan of $300,000, along with $6,000 in interest, to Diocles Capital Inc. As part of the repayment agreement, CRS also issued 275,682 common shares to Diocles as bonus shares, valued based on a closing price of $0.29 per share on June 8, 2012. These bonus shares are subject to a statutory hold period that will expire on October 12, 2012.
Original source:
https://www.ledinside.com/news/2025/02/crs_electronics_repaid_bridge_financing_to_diocles_20120614

Read More

Ask Dr. Bulb
Got a question for Dr. Bulb?
Send him a message!
Our Sponsor
Access Fixtures Logo

DrBulb.com is sponsored by Access Fixtures

Dr. Bulb recommends checking out Access Fixtures for all your LED, commercial lighting, and sports lighting needs!

Categories

© 2024 DrBulb.com. All Rights Reserved.