Gevo (GEVO) Provides Business Update

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Go back to Gevo (GEVO) Provides Business Update

Gevo Provides Business Update

September 8, 2020 9:01 AM EDT

ENGLEWOOD, Colo., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Gevo, Inc. (Gevo) (NASDAQ: GEVO), today provided an update on its business and strategic plans.

Highlights:

Gevo recently raised approximately $46 million, net of expenses, from a Registered Direct Offering and approximately $16 million as a result of warrant exercises. This capital infusion substantially improves Gevos ability to execute on its strategic plans.Gevo continues to pursue a licensing and developer strategy that is expected to enable the construction of up to three production facilities and capacity expansions. The... More