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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Pacific Green Technologies Inc New (PK) | USOTC:PGTK | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.53255 | 0.5201 | 0.5497 | 0.00 | 21:00:06 |
Date of Report (Date of earliest event reported)
|
May 15, 2013
|
PACIFIC GREEN TECHNOLOGIES INC.
|
|||
(Exact name of registrant as specified in its charter)
|
Delaware
|
000-54756
|
n/a
|
(State or other jurisdiction of incorporation)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
5205 Prospect Road, Suite 135-226, San Jose, CA
|
95129
|
(Address of principal executive offices)
|
(Zip Code)
|
Registrant’s telephone number, including area code
|
(408) 538-3373
|
N/A
|
|||
(Former name or former address, if changed since last report.)
|
Item 1.01
|
Entry into a Material Definitive Agreement
|
Item 2.01
|
Completion of Acquisition or Disposition of Assets
|
Item 3.02
|
Unregistered Sales of Equity Securities
|
1.
|
a payment of $100 upon execution of the Agreement, which has been paid by us;
|
2.
|
$14,000,000 paid in common shares in our capital stock at a deemed price at the lower of $4 per share or the average closing price per share of our capital stock in the ten trading days immediately preceding the date of closing of the Agreement, which have been issued by us as disclosed herein;
|
3.
|
$3,000,000 payable in common shares of our capital stock at a deemed price at the lower of $4 per share or the average closing price per share of our capital stock in the ten trading days immediately preceding the date upon which PGEP either purchases the Property or secures a lease permitting PGEP to operate the Facility on the Property (which has not yet occurred); and
|
4.
|
subject to leasing or purchasing the Property and PGEP securing sufficient financing for the construction of the Facility, $33,000,000 payable in common shares of our capital stock at a deemed price at the lower of $4 per share or the average closing price per share of our capital stock in the ten trading days immediately preceding the date that PGEP secures sufficient financing for the construction of the Facility (which has not yet occurred).
|
Item 9.01
|
Financial Statements and Exhibits.
|
10.1
|
Stock Purchase Agreement between Pacific Green Technologies Inc. and all of the shareholders of Pacific Green Energy Parks Limited.
|
/s/ Jordan Starkman
|
|
Jordan Starkman
|
|
President, Treasurer, Secretary and Director
|
|
Date:
|
May 16, 2013
|
1 Year Pacific Green Technologies (PK) Chart |
1 Month Pacific Green Technologies (PK) Chart |
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