Mechanical Technology Announces $16.3 Million Convertible Note Financing
MTI announces agreement to sell $16.3 million of convertible notes to certain accredited investors.
November 17, 2025
37% Increase in Revenue Sequentially, Gross Profit Increased to 28%, Cash Swells to a Record $60 Million ALBANY, NY, November… Read more »
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MTI announces agreement to sell $16.3 million of convertible notes to certain accredited investors.
EcoChain announces hashrate target exceeded with September up 107% over August hashrate.
EcoChain reports continued execution with another strong month of growth as the cash contribution margin more than doubled and installed hashrate in August increased by 174%.
MTI announced the pricing of its upsized underwritten public offering of 720,000 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock.
Upon the closing of the transaction, MTI will gain access to all SCI assets, including its 300MW (megawatt) pipeline.
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MTI conducts annual meeting of shareholders.
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