Press Release – New York, NY – November 16, 2022 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity LLC as placement agent in connection with a $10 million strategic investment in TECO 2030 AS, a Norwegian based clean tech company developing zero-emission technology for the maritime and heavy industry. The investment was in the form of 13,443,875 shares of TECO for an aggregate consideration of $7 million USD, with convertible bonds of TECO in the principal amount of $3 million USD.
The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Avital Perlman, and associate Michael Blane.
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