On July 21, 2015, Global EcoPower S.A. closed the transaction. The company and the investor entered into a contract for the transaction. The achievement of the issuance of OCABSA, Warrants 2 and Warrants 3 and their exercise and conversion remains subject to the satisfaction of certain conditions provided by the Issuance and subscription agreement.

Their conversion and exercise ratio is subject to adjustment clauses provided by the agreement