06:04 AM EDT, 03/14/2024 (MT Newswires) -- Anaergia Inc. ( ANRGF ) , a global renewable fuels player, overnight Wednesday said that Marny Investissement SA has informed the company that the final payment of C$28.3 million representing the remainder of the previously announced equity investment of C$40.8 million will be delayed past its due date of March 15.

Marny expects Anaergia ( ANRGF ) to receive the payment by March 31.

The first tranche of the strategic investment closed on Feb. 2, with the issuance of about 31.3 million units for gross proceeds of C$12.5 million. An additional 70.8 million units would be issuable upon closing of the remainder of the strategic investment.

Each unit consists of one subordinate voting share and 1/5 of one subordinate voting share purchase warrant of the company. Each warrant allows the holder to buy one additional subordinate voting share at an exercise price of C$0.80 for three years after the closing of the first tranche.

Marny is a Luxembourg-based holding company that focuses on investment properties in central and eastern Europe.