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VIASPACE Closes $23.8M Financing, $3.8M Debenture, $20M Standby Equity.
ByAinvest
Saturday, Dec 20, 2025 11:06 pm ET1min read
VIASPACE Inc. has closed a financing with Cornell Capital Partners, LP, including a $3.8 million debenture convertible into common stock at $0.60 per share. The debenture will be disbursed in three tranches, with the first tranche of $1.5 million already received. A second tranche of $1.2 million will be disbursed upon filing of a registration statement, and the remaining $1.1 million will be disbursed upon the effectiveness of the statement. Additionally, there is a $20 million standby equity financing.
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