Westport Fuel Systems (WPRT) Prices 18.2M Share Offering at $5.50

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Westport Fuel Systems Announces Pricing of Marketed Public Offering

June 3, 2021 12:32 AM EDT

Price to the public of US $5.50 per share for gross proceeds of approximately US $100 million excluding the 15% over-allotment optionUse of proceeds primarily to fund the growth of HPDI 2.0TM sales by expanding production capacity and investing in research and development of HPDI with hydrogen

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX | Nasdaq: WPRT) (Westport Fuel... More