Ibex Investors Llc Acquired Stake in Blue Sphere Corp

September 7, 2017 - By Winifred Garcia

 Ibex Investors Llc Acquired Stake in Blue Sphere Corp

The New Ibex Investors Llc Holding in Blue Sphere Corp

Ibex Investors Llc reported SC 13D/A form with the SEC for Blue Sphere Corp. Access it here: 000107997317000539. As reported by Ibex Investors Llc, the filler owns 16.9% or 645,092 shares of the -company.

Blue Sphere Corp stake is new for [reportingPerson]. Date of activity: September 1, 2017. This shows Ibex Investors Llc’s positive view for Blue Sphere Corp.

Reasons Why Ibex Investors Llc Bought – Blue Sphere Corp Stock

Item 4.Purpose of Transaction

On September 1, 2017, in connection with the creation of a master-feeder fund structure, Ibex Israel 1 transferred 324,754 shares of common stock (“Shares”) and warrants to purchase an additional 96,154 Shares (“Warrants”) of the Issuer into Ibex Israel in exchange for partnership interests in Ibex Israel.

Business Profile

Blue Sphere Corporation is an international independent power producer. The Company focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. As of December 31, 2016, the Company was developing, constructing or operating, as applicable, 14 projects related to its strategy of acquisition, development or operations of waste-to-energy facilities, including developing projects for which it had entered into nonbinding letters of intent to acquire additional biogas facilities in Italy and to develop and construct waste-to-energy facilities in the United States, the Netherlands, the United Kingdom and Israel. The Company is engaged in evaluating various types of projects, such as anaerobic digestion to electricity, landfill gas to energy and anaerobic digestion to renewable natural gas.

SEC Form 13D.

It closed at $2.16 lastly. It is down 0.00% since September 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Blue Sphere Corporation is an international independent power producer. The company has market cap of $7.95 million. The Firm focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. It has a 0.53 P/E ratio. As of December 31, 2016, the Company was developing, constructing or operating, as applicable, 14 projects related to its strategy of acquisition, development or activities of waste-to-energy facilities, including developing projects for which it had entered into nonbinding letters of intent to acquire additional biogas facilities in Italy and to develop and construct waste-to-energy facilities in the United States, the Netherlands, the United Kingdom and Israel.

More notable recent Blue Sphere Corp (OTCMKTS:BLSP) news were published by: Seekingalpha.com which released: “Why Hyped Stock Blue Sphere Corp. May Drop All The Way To Zero” on January 27, 2015, also Prnewswire.com with their article: “Blue Sphere Adds New Board Member” published on August 31, 2016, Bizjournals.com published: “Blue Sphere hits back at claim it welched on adviser’s fees in financing …” on May 18, 2017. More interesting news about Blue Sphere Corp (OTCMKTS:BLSP) were released by: Seekingalpha.com and their article: “Blue Sphere Corporation: Will Pragmatism Win Out In The Waste-To-Energy Sector?” published on June 23, 2017 as well as Charlotteobserver.com‘s news article titled: “Power plant fueled by organic wastes nears startup” with publication date: January 26, 2016.

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