Tuesday, 02 January 2024 12:17 GMT

Water Street Capital Issues Open Letter To Shareholders Of REC Silicon


(MENAFN- PR Newswire) In its letter, Water Street stated its intention to call an Extraordinary General Meeting ("EGM") to investigate the circumstances that led to the termination of Hanwha's 10-year purchase contract with the Company in December 2024 to acquire all polysilicon from its Moses Lake facility. Further, Water Street announced its plan to nominate new directors to the Company's Board at its upcoming Annual General Meeting ("AGM").

The full text of the letter is attached.

Media Contact
Jonathan Gasthalter/Brandon Lin
Gasthalter & Co.
Tel: (212) 257-4170
[email protected]

SOURCE Water Street Capital, Inc.

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