Ftc solar announces closing of promissory note private placement

Austin, texas, dec. 04, 2024 (globe newswire) -- ftc solar, inc. (nasdaq: ftci), a leading provider of solar tracker systems, today announced that it has closed a previously announced private placement of senior secured promissory notes (the “notes”) in an aggregate principal amount of fifteen million dollars ($15,000,000) and warrants (the “warrants”). the offering closed on december 4, 2024.
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