Financing ·
Vulcan Infrastructure swaps $2.8M of 8.50% notes due 2026 for $2.83M of 10.00% notes due 2030 and warrants
GREEVulcan Infrastructure & Power Inc.
Vulcan Infrastructure and Power Inc. entered into an exchange agreement on September 23, 2026, to swap $2,793,150 in principal amount of its 8.50% Senior Notes due 2026 for $2,833,358 in principal amount of new 10.00% Senior Notes due 2030 and warrants to purchase 1,000,000 shares of Class A common stock at an exercise price of $1.87 per share. The transaction also includes approximately $40,230 in accrued interest on the retired notes. Closing is expected around October 1, 2026, subject to customary conditions. Holders are restricted from acquiring additional shares or short selling while holding the new securities. Vulcan Infrastructure and Power Inc. operates in the infrastructure and power sector.