Mirus completes 409A valuation for GreenFuel Technologies
In 2007, Mirus was engaged by GreenFuel Technologies Corporation (GFT), a startup developing technology to convert algae to biofuel, to complete a valuation of the Company’s common stock for the purpose of an incentive stock option plan. Based in Cambridge, Massachusetts, GFT raised more than $70 million in investments, and patented a system for growing pollution-digesting algae inexpensively on an industrial scale.
About Mirus Capital Advisors
Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care, and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations, and valuations. For additional information, visit www.merger.com.Back to Transactions