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Real Goods Solar noteholders convert another $3.3M of notes into shares

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Real Goods Solar noteholders convert another $3.3M of notes into shares

Real Goods Solar Inc noteholders converted another $3.3 million of convertible notes due April 9, 2019, into 2,637,335 class A common shares on July 6, according to a company filing.

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 6, the company had 28,392,400 outstanding class A shares. Real Goods Solar trades on Nasdaq under the ticker RGSE.