On September 15, 2022, SusGlobal Energy Corp. closed the transaction. The company has amended the terms of the transaction and received $118,100 of unsecured convertible promissory notes in its second tranche.

The company has received $1,618,100 in the transaction. The company has also extended the maturity of the notes. The unsecured convertible promissory notes will now mature on January 15, 2023.