Go to GCC Discussions forum
Twitter headlines« Japanese Automakers Say Not Possible to Meet Europe’s 120 gCO2/km Target by 2012 | Main | Enova to Begin Shipping Power Control Units for Th!nk EVs »
Maxwell Announces $10.4M Financing
9 May 2007
Ultracapacitor maker Maxwell Technologies, Inc. has priced the sale of one million shares of its common stock in a public offering underwritten by UBS Investment Bank, resulting in gross proceeds to the company of $10.4 million.
All of the stock is being offered by the company, and the transaction is expected to close on May 14, 2007, subject to customary closing conditions. The company plans to use the proceeds for working capital and general corporate purposes. In addition, the company has granted UBS Investment Bank an over allotment option to purchase up to 150,000 additional shares.
May 9, 2007 in Brief | Permalink | Comments (0) | TrackBack (0)
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c4fbe53ef00d8353b58a969e2
Listed below are links to weblogs that reference Maxwell Announces $10.4M Financing:
Verify your Comment
Previewing your Comment
This is only a preview. Your comment has not yet been posted.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
Comments