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.

Regarding the tender offer of 4,750,000 shares, a total of 2,351,533 shares were tendered, and payment for them was deducted from the gross proceeds, Infinity Cross Border said.

The tender offer of 5,750,000 warrants allowed shares to be purchased at 60 cents per warrant, the company said. Regarding them, a total of 7,100 warrants were tendered and the remaining ones are exercisable at $10 per share, the company added.

Additionally, Infinity Group, which had sponsored Infinity Cross Border, closed a private placement with Hicks Equity Partners, Infinity Cross Border said. The private placement was closed alongside the merger on April 14, the company added. Gross proceeds from the private placement were $35.7 million, the company said, noting that the amount came after payments from the share tender offer.

Hicks, Infinity Group and other investors purchased about $8.5 million of Glori Energy’s common stock, Infinity Cross Border said. An overallotment option allowed another $16.5 million of stock to be purchased, the company added.

Houston-based Glori Energy Inc. provides oil recovery technology to producers, and it also acquires and redevelops domestic oil fields.

Hicks Equity Partners is the private-equity segment of Dallas-based Hicks Holdings LLC.