KiOR stares down default on MDA loan
If KiOR does not finalize the details of a $25 million commitment from a California investor within the next nine days the company expects to default on a $75 million loan it received from the state of Mississippi.
KiOR has ‘substantial doubts’ about future
KiOR may be done in Columbus.
On Monday, the company filed its end-of-the-year financials with the Securities and Exchange Commission. The 257-page report paints a bleak picture of the company’s future.