1347 Capital Requires $65 Million Debt Financing for Limbach Merger

A condition to closing the business combination is that 1347 Capital will have debt financing of at least $65 million, with no less than $40 million funded at closing. This indicates a significant debt raise to support the acquisition.

“that 1347 Capital will have debt financing of at least $65 million, with no less than $40 million funded at the closing of the Business Combination.”

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