ETC Announces Completion of Sales-Leaseback Transaction Generating $4.0 million in Working Capital
SOUTHAMPTON, Pa., Nov. 27, 2024 (Korea Bizwire) – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced that on November 26, 2024, the Company closed a transaction for the sale and lease back of demonstration equipment located in Southampton, Pennsylvania. Under the terms of the agreement the assets were sold for $4,000,000. In connection with [...]