Between June 9, 2017 and June 19, 2017, American Power Group Corporation (OTCPK:APGI) closed the transaction. The company received $330,000 in its second tranche from Arrow, LLC. The company received $2,935,000 in the transaction. On July 27, 2017, the company announced that the maturity date for the notes has been extended from July 27, 2017 to October 27, 2017. On October 27, 2017, the company announced that the maturity date for the notes has been extended from October 27, 2017 to December 27, 2017.