Gevo Announces Proposed Public Offering of Common Stock and Warrants

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Go back to Gevo Announces Proposed Public Offering of Common Stock and Warrants

Gevo (GEVO) Prices $3.5M Common Stock, Warrants Offering

March 29, 2016 7:03 AM EDT

Gevo, Inc. (Nasdaq: GEVO) announced that it has priced its underwritten public offering of common stock and warrants.

Gevo announced that it has agreed to sell 3,721,429 Series C units, with each Series C unit consisting of one share of common stock, one Series F warrant to purchase one share of common stock and two Series H warrants, each to purchase one share of common stock, at a public offering price of $0.35 per Series C unit. Gevo has also agreed to sell 6,571,429 Series D units, with each Series D unit consisting of a... More