Charge enterprises secures $22.22 million of debt and preferred equity financing

New york, ny / accesswire / december 23, 2021 / charge enterprises inc. (otc pink:crge), ("charge" or the "company"), consisting of a portfolio of global businesses with the vision of connecting people everywhere with communications and electric-vehicle charging ("ev") infrastructure, today announced that it has raised gross proceeds of $20 million through $22.22 million of face value debt and preferred equity financing from an institutional investor and its affiliated entities. proceeds of the financing will be used, in part, to fund anticipated acquisitions.
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