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Real Goods Solar noteholders convert $2.4M more notes into shares

Real Goods Solar Inc. noteholders converted another $2.4 million of convertible notes due April 9, 2019, into 1,879,371 class A common shares on June 29, July 2 and July 3.

The company on April 9 issued about $10.8 million in principal amount and $10 million funding amount of convertible notes that can be converted into class A shares at any time at a conversion price of $1.26 per share.

As of July 3, the company had 17,361,401 outstanding class A shares. Real Goods Solar trades on Nasdaq under the ticker RGSE.