China-Solar

Deli Solar

Business Description

Deli Solar (n/k/a China Solar) designs and provides integrated renewable energy solutions for industrial clients and real estate developers in China and internationally.

Background

The Company required growth capital but was averse to issuing shares at its current share price. A structured PIPE deal was required to attract investors as well as protect the Company from excessive dilution.

Solution

A principal of Carter Morse & Mathias acted as the exclusive placement agent for Deli Solar’s PIPE, negotiating and placing the securities with institutional investors. In keeping with the Company’s desire to minimize dilution, a tiered offering was struck whereby the Company issued (i) shares at a slight discount to market for $2.75 million in proceeds and (ii) two sets of warrants with increasing strike prices that could raise up to an additional $7.6 million.

 

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Press Releases

Carter Morse & Mathias Launches Legacy Series

June 2016

Carter Morse & Mathias (“CMM”) is pleased to announce the launch of Creating a Legacy – Life After a Sale. The series gives unique insight into some of the successful business people that CMM has advised, and what they are doing with the resulting time and money to help create their own personal legacies

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CMM Managing Director, Ramsey Goodrich, to Chair the 45th Annual InterGrowth Conference in 2017

May 2016

Carter Morse & Mathias ("CMM") is pleased to announce that its Managing Director, Ramsey Goodrich will be the Chair of the 2017 InterGrowth Conference, hosted by the Association for Corporate Growth at the Aria Resort in Las Vegas Nevada, one of the largest conferences for deal makers and professionals focused on the middle market.

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Hamilton Robinson Capital Partners Completes Racapitalization of Custom Engineered Wheels

April 2016

Carter Morse & Mathias ("CMM") is pleased to announce that it has provided a fairness opinion (“Opinion”) to Hamilton Robinson Capital Partners in connection with its recapitalization of Custom Engineered Wheels ("CEW"). Terms of the transaction were not disclosed.

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