Gevo Announces Proposed Public Offering of Common Stock
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Gevo (GEVO) Prices 21.1M Common Stock Offering at $0.45/Share
June 10, 2016 9:31 AM EDTGevo, Inc. (NASDAQ: GEVO), a leading renewable chemicals and next-generation biofuels company, announced today that it has priced its best efforts public offering of common stock. Gevo announced that it has agreed to sell 21,080,456 shares of common stock at a public offering price of $0.45 per share.
The gross proceeds to Gevo from this offering are expected to be approximately $9.5 million. Gevo currently intends to use the net proceeds from the offering to fund working... More
