iSun Inc. Secures $25 million Debt Facility

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Nov 08, 2022

iSun, Inc. (NASDAQ: ISUN) (the "Company," or "iSun"), a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, announces that it has entered into a debt financing agreement for up to $25 million in Senior Secured Convertible Notes facility (the “Notes”) with a single institutional investor (the “Lender”). The proceeds will be used for repayment of indebtedness, satisfaction of certain of the Company’s financial obligations, working capital and general corporate purposes.