Gevo (GEVO) Announces Proposed 43.75M Share Registered Direct Offering at $8/Sh
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Gevo, Inc. Announces $350 Million Registered Direct Offering of Common Stock
January 20, 2021 12:39 AM ESTENGLEWOOD, Colo., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (Gevo) (Nasdaq: GEVO), today announced that it has entered into definitive agreements with institutional and accredited investors for the sale of an aggregate of 43,750,000 shares of common stock at a purchase price of $8.00 per share in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about January 22, 2020, subject to the satisfaction of customary closing conditions.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. Citigroup... More
