Aemetis Biogas LLC, a subsidiary of Aemetis Inc., has amended its Series A Preferred Unit Purchase Agreement with Protair-X Technologies Inc. and Third Eye Capital Corporation. The Eleventh Waiver and Amendment, effective December 31, 2025, extends the deadline for redeeming all outstanding Series A Preferred Units to April 30, 2026, and sets the aggregate redemption price at $114.7 million, including a $2 million fee increase. If the units are not redeemed by the new deadline, Aemetis Biogas will enter into a credit agreement with Protair-X and Third Eye Capital, featuring a one-year term, an interest rate of at least 16%, guarantees from Aemetis Inc. and its subsidiaries, and a security interest in their assets.
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