Revolution Lighting Technologies,The shell iPhone 5 cases though seem to be on top of peoples' preferences. cheap gps buy online can be colored or not, they can be even transparent and give just a little bit more glossy shine to your device and they can have different designs. Inc.These days, all top glass makes are dealing in RX sun shades extensively. Folks also favor to carry Solar charger since it saves them from your unnecessary stress of carrying two spectacles. However, selecting the best of the good deal can be really demanding. (RVLT), a leader in advanced LED lighting technology, today announced that it has closed its acquisition of Seesmart Technologies, Inc.Seesmart, based in Simi Valley, California, is a leading LED solutions provider with a broad range of products serving the commercial, industrial, and institutional lighting markets. Seesmart's exclusive network of over 50 distributors has completed hundreds of LED projects in both retrofit and new construction applications. Seesmart has become a leader by combining a full line of high-quality lamps and fixtures with an exclusive network of trained distributors who educate end-users on the proper selection and installation of LED products. We believe this combination makes Seesmart's value proposition unique in the LED lighting market. Seesmart's pipeline of potential projects currently exceed $1 billion and include large school districts, commercial office and retail buildings, industrial facilities, and government buildings.When you decide to purchase these things from the online stores it will be better if you visit more websites where different vendors are selling such portable battery charger. Like that you can compare prices better and get a better deal considering that one iPhone 5 case may be quite expensive. Seesmart's customers,Someone should have a good idea of what they need before they start looking for Fruit knife. Campers, hikers and anyone else that is going to be in the woods or traveling a lot can benefit from a survival knife. which include SL Green, Memorial Sloan-Kettering Cancer Center, the City of Los Angeles, Idealease, and the Cerebral Palsy Associations of New York, enjoy the benefits of significant energy savings, reduced maintenance, a rapid payback, and a more sustainable facility."We are very pleased to have Seesmart become a Revolution Lighting Technologies company. With their superior service, their unique and extensive distributor network, and their large pipeline of business prospects, we expect Seesmart to grow rapidly and be profitable in 2013 and beyond," said Robert V.Apple iPads have also become diverse. If you have a leather belt or bag, the Belt conveyor are now part of the leather family. It never adds much weight to the iPad.This is the perfect invention of the case. It also protects the iPad from any smudges and helps make your tablet appear unique when there are a few other millions of tablets out there without it. LaPenta , Chairman of Revolution."Seesmart is excited to have a team of dedicated, successful professionals working with us to assist our company in reaching its full potential. With the track record of the Revolution team, we look forward to being a power player in the LED lighting industry," said Ken Ames , Chief Executive Officer of Seesmart.
Under the terms of the agreement, Revolution paid approximately $20 million, with 50 percent of the consideration in shares of Revolution stock and 50 percent in cash. Revolution has reserved approximately 14 million shares of common stock for issuance to holders of Seesmart common stock and convertible notes pursuant to the transaction. The approximately $10 million of cash consideration paid pursuant to the agreement was funded from the sale of new Revolution convertible preferred stock to RVL Holdings, an entity managed by Aston Capital, LLC and controlled by Robert V. LaPenta .The preferred stock will be convertible into approximately 14 million shares of Revolution common stock following the effectiveness of stockholder approval consistent with the rules of the Nasdaq Stock Market and will bear an annual payment in kind dividend at a rate per annum of 10% of the original issuance price.The company will provide a more detailed description of the terms and conditions of the transaction in a Current Report on Form 8-K to be filed with the SEC.
没有评论:
发表评论