A123 Systems (AONE) Files 'Going Concern' Statement, Sees 'Significant' Losses Over Next Several Quarters

May 30, 2012 5:51 PM EDT Send to a Friend
Get Alerts AONE Hot Sheet
Trade AONE Now!
Shares of A123 Systems (Nasdaq: AONE) are falling after hours Wednesday as the company has filed a "Going Concern" statement in a Form 8-K this afternoon. The company cited the battery pack replacement plan and said it sees "significant" losses over the next several quarters. The company is assessing actions to raise capital.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Corporate News

Add Your Comment