Midwest Energy Emissions Corp. (MEEC) has released an update.
Midwest Energy Emissions Corp. (ME2C Environmental) has reduced its debt by $960,000 through a private sale of restricted stock, part of a strategic debt restructuring with its main financial partner. The company can continue to receive dollar for dollar credits on future stock sales until the end of 2024, aiding in its goal to further decrease and eliminate remaining debt. ME2C Environmental, a leader in environmental technologies for the power industry, aims to maintain financial agility while advancing its patented emissions reduction solutions.
For further insights into MEEC stock, check out TipRanks’ Stock Analysis page.
