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Hybrid Power Solutions Revises Debenture Terms for Growth

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Hybrid Power Solutions, Inc. (TSE:HPSS) has released an update.

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Hybrid Power Solutions, Inc., a Canadian clean energy company, has renegotiated the terms of its existing secured convertible debentures, extending the maturity date by 60 days and reducing the conversion price per share from $0.32 to $0.14. These adjustments, made with an arm’s length debentureholder, aim to enhance the financial flexibility of the company and reaffirm its commitment to innovation in sustainable energy solutions.

For further insights into TSE:HPSS stock, check out TipRanks’ Stock Analysis page.

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