Scorpex, Inc. (SRPX) Announces Multiple Financing Commitments for up to $35 Million
Today shortly after the closing bell, Scorpex, Inc. announced that it has received financing commitments from two different sources for up to $35 million USD. According to the press release, the financing is contingent on the issuance of necessary permits that are anticipated to be granted to the Company in the near future. Chief Executive Officer Joseph Caywood stated, "Unlike many other businesses who are struggling to finance operations, we have had no difficulty securing sufficient financing commitments. Having these commitments in hand within such a short time of signing the equipment agreement with IET demonstrates our ability to secure…