Description
About Remy International, Inc. Remy International Inc., headquartered in Pendleton, Indiana, is a leading global manufacturer, remanufacturer, and distributor, of light duty starters, alternators, and Delco Remy brand heavy-duty systems. Remy International also manufactures and distributes electric propulsion motors designed with leading edge technology and backed by the security of over a billion miles of proven reliability.
0pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">On April 23, 2012, the Company entered into a $6,600,000 purchase agreement with Lincoln Park Capital Fund pursuant to which the Company has the right to sell to Lincoln Park up to $6,600,000 in shares of the Company’s common stock, and on April 24, 2012, the Company entered into another purchase agreement with Lincoln Park Capital Fund pursuant to which the Company has the right to sell to Lincoln Park up to $3,400,000 in shares of the Company’s common stock, subject to certain limitations.
Remy International Inc. is a leading global manufacturer, remanufacturer, and distributor of light duty starters, alternators, and Delco Remy brand heavy-duty systems. Remy International also manufactures and distributes electric propulsion motors designed with leading edge technology and backed by the security of over a billion miles of proven reliability. In business for over 100 years, today Remy International is actively collaborating with companies throughout the world to develop innovations that are transforming the vehicle industry.
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