AMSC (AMSC) Enters $25M Financing Deal
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AMSC (Nasdaq: AMSC) entered into a securities purchase agreement with an institutional investor. Under the terms of the agreement, AMSC raised approximately $25 million in gross proceeds through the sale of convertible notes and warrants.
The proceeds will be used for working capital and general corporate purposes.
The proceeds will be used for working capital and general corporate purposes.
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