A123 Systems (AONE) resumes trading, now down 4.2%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
A123 Systems (AONE) Gets Event of Default Waived on $75M Loan Interest Payment
October 15, 2012 5:29 PM EDTOn October 12, 2012, A123 Systems, Inc. (Nasdaq: AONE) entered into a consent and waiver agreement (the First Loan Consent and Waiver Agreement) with Wanxiang America Corporation (the Lender), the lender and agent under the Companys $75 million Loan Agreement (the Loan Agreement).
Under the First Loan Consent and Waiver Agreement, the Lender waived the Event of Default (as defined in the Loan Agreement) that would result from the failure by the Company to make an interest payment in an amount equal to $2,695,312.50 due on October 15, 2012 with respect to the 3.75% convertible subordinated notes due 2016 issued by the... More
