Barfresh Food Group, Inc. (OTCPK:BRFH) announced that it has entered into security purchase agreement for a private placement of convertible notes for the gross proceeds of $4.1 million from Unibel S.A. (ENXTPA:UNBL) on February 13, 2018. The notes carry interest rate of 10% per annum. The notes are convertible into common shares at $0.88 per share or a conversion price equal to 85% of the average closing bid prices of the common shares over twenty consecutive trading day period immediately preceding the payment date, but no lower than $0.60 per share.
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5-day change | 1st Jan Change | ||
3.42 USD | -1.16% |
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-6.56% | +115.09% |
06-04 | Barfresh Builds on Education Channel Momentum with Additional Major Customer Wins | CI |
05-15 | Transcript : Barfresh Food Group, Inc. - Special Call |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+115.09% | 50.34M | |
+8.20% | 275B | |
-1.98% | 44.27B | |
+30.50% | 25.12B | |
-4.54% | 16.55B | |
+4.95% | 13.34B | |
+16.18% | 12.48B | |
+10.44% | 11.76B | |
+21.25% | 10.84B | |
+16.06% | 10.1B |
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- Barfresh Food Group, Inc. announced that it expects to receive $4.1 million in funding from Unibel S.A.