Quantum Fuel Systems (QTWW) Lower After Equity Offering Filing
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Quantum Fuel Systems (Nasdaq: QTWW) is trading 6.4% lower this morning after filing, after the close Thursday, a $75 million mixed securities offering on form S-3 with the SEC.
The company said it may sell a combination of common stock, preferred stock and warrants.
Quantum Fuel Systems Technologies Worldwide, Inc., an integrated alternative energy company, engages in the development and production of propulsion systems, energy storage technologies, and alternative fuel vehicles.
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