trending Market Intelligence /marketintelligence/en/news-insights/trending/AoOuaaTucho-JpHpG1P7Zw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

InnSuites Hospitality Trust to invest in UniGen Power

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

Essential Energy Insights - May 28, 2020

InnSuites Hospitality Trust to invest in UniGen Power

InnSuites Hospitality Trust agreed to invest at least $1.5 million in power generator technology company UniGen Power Inc. under a 2019 convertible debenture purchase agreement between the parties.

The hotel landlord will buy a 6% $600,000 convertible debenture and a 6% $400,000 convertible debenture to close Feb. 1, 2020.

The investment also includes the right to exercise a class A common stock purchase warrant for 1 million shares at $1.00 apiece, the right to exercise an additional class A common stock purchase warrant for 200,000 shares at $2.25 each and the establishment of a convertible, 6% $500,000 line of credit. The credit line is valid for up to 24 months starting Feb. 28, 2020.

If it funds the debentures and exercises the warrants in full, InnSuites will hold 2.7 million shares, or about 29.35%, of UniGen's class A common stock on a fully diluted basis before an offering.

As part of the deal, UniGen expanded its board to six directors with the addition of InnSuites CEO James Wirth and Executive Vice President Marc Berg.