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Capstone Turbine (CPST) Prices $7.5M Offering of Common Stock and Warrants

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Capstone Turbine Corporation Announces Pricing of $7.5 Million Offering of Common Stock and Warrants

October 18, 2016 9:25 AM EDT

CHATSWORTH, Calif., Oct. 18, 2016 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq: CPST), the worlds leading clean technology manufacturer of microturbine energy systems, announced today that it has agreed to sell 6.3 million shares of the Companys common stock (Common Stock) to one existing and one new accredited investor in a registered offering. The Company will issue 3.6 million... More