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Companies Close Offers And Private Placement

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April 15, 2014

Glori Energy Inc. and Infinity Cross Border Acquisition Corp., which merged for $185 million April 14, closed a share tender offer and a warrant tender offer on April 11, the company said April 14. The offers were for the purchase of up to 4,750,000 shares and 5,750,000 warrants, respectively, Infinity Cross Border said.

The merger was first announced Jan. 8, the company noted. Glori Energy now trades on NASDAQ under “GLRI” and “GLRIW” tickers, Infinity Cross Border added.

The tender offer of 5,750,000 warrants allowed shares to be purchased at ...

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