Motorcar Parts of America Inc. (Nasdaq: MPAA) today announcedit has entered into a note purchase investment with funds affiliated with or advised by Los Angeles-based Bison Capital Asset Management, LLC, and the sale of $32,000,000 in aggregate principal amount Convertible Notes due in 2029. The Notes may be converted at any time by the Holder, subject to certain conditions, at a conversion price of $15.00 per share. The Company is also able to redeem the notes after three years. “This strategic(…..) Continue reading »
The Latest Press Releases