Search Results for 'kior'

KiOR seeks Chapter 11 reorganization after asset bid received

KiOR seeks Chapter 11 reorganization after asset bid received

November 11, 2014 |

In Texas, KiOR announced that as part of its refocus on research and development, it has accepted a bid for substantially all of its assets from certain affiliates of Vinod Khosla that have been providing and will continue to provide senior secured financing to the Company. The Company has also filed for relief under Chapter […]

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Mississippi ready to call in KiOR’s entire loan and interest if deadline missed

Mississippi ready to call in KiOR’s entire loan and interest if deadline missed

November 4, 2014 |

In Mississippi, the state is playing tough with KiOR, saying that if the Wednesday midnight deadline is missed for a $1.9 million loan payment that was due last Friday, it will accelerate the payment of loan so that the entire remaining principle of $69.4 million along with $8 million in interest become due immediately. If […]

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KiOR has till Wednesday to pay Mississippi $1.9 million loan payment

KiOR has till Wednesday to pay Mississippi $1.9 million loan payment

November 3, 2014 |

In Mississippi, KiOR missed the deadline for a $1.9 million loan payment to the state but has a three-day grace period until Wednesday to make good, or it could risk forfeiting the plant in Columbus to the state. A total of $69.4 million is still owed on the $75 million no-interest loan provided by the […]

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KiOR’s problems get worse as former board member blows whistle

KiOR’s problems get worse as former board member blows whistle

October 9, 2014 |

In Mississippi, KiOR is neck-deep in two federal shareholder lawsuits as well as is under investigation for two similar suits by the SEC while trying to secure funding via Guggenheim Partners in order to pay its no-interest loan payment to the state by the end of October, and now a former board member—cum CTO—cum consultant […]

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Bitter KiOR dispute boils over online, as six new documents surface

Bitter KiOR dispute boils over online, as six new documents surface

September 9, 2014 |

6 new documents surface in SEC filings, tracing more background in the stormy battle between KiOR and former company director Paul O’Connor.  O’Connor called for entire management team to resign. Pointed to troubles in R&D back in 2012. “I cannot just stand back and watch,” he writes in 2013. In today’s Digest, we publish a series […]

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KIOR — The August 31 2014 O’Connor resignation letter

KIOR — The August 31 2014 O’Connor resignation letter

September 9, 2014 |

In today’s Digest, we publish a series of six documents that were filed in the past week with the SEC, relating to KiOR, and a growing dispute between the company’s Board — and an individual director, Paul O’Connor. It is important to note KiOR’s response: “The Company intends to continue to vigorously respond to allegations […]

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KIOR — The Spring 2013 O’Connor note

KIOR — The Spring 2013 O’Connor note

September 9, 2014 |

In today’s Digest, we publish a series of six documents that were filed in the past week with the SEC, relating to KiOR, and a growing dispute between the company’s Board — and an individual director, Paul O’Connor. It is important to note KiOR’s response: “The Company intends to continue to vigorously respond to allegations […]

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KIOR — The April 30 2012 O’Connor memo

KIOR — The April 30 2012 O’Connor memo

September 9, 2014 |

In today’s Digest, we publish a series of six documents that were filed in the past week with the SEC, relating to KiOR, and a growing dispute between the company’s Board — and an individual director, Paul O’Connor. It is important to note KiOR’s response: “The Company intends to continue to vigorously respond to allegations […]

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KIOR — The March 22 2012 O’Connor technology assessment

KIOR — The March 22 2012 O’Connor technology assessment

September 9, 2014 |

In today’s Digest, we publish a series of six documents that were filed in the past week with the SEC, relating to KiOR, and a growing dispute between the company’s Board — and an individual director, Paul O’Connor. It is important to note KiOR’s response:  “The Company intends to continue to vigorously respond to allegations […]

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KIOR — The March 15 2012 O’Connor email memo

KIOR — The March 15 2012 O’Connor email memo

September 9, 2014 |

In today’s Digest, we publish a series of six documents that were filed in the past week with the SEC, relating to KiOR, and a growing dispute between the company’s Board — and an individual director, Paul O’Connor. It is important to note KiOR’s response:  “The Company intends to continue to vigorously respond to allegations […]

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