Capstone Green Energy (CGRN) Enters into Agreement to Sell 952K Shares at $5.25/sh

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Capstone Announces $5.0 Million Bought Deal Offering of Common Stock

June 17, 2021 4:21 PM EDT

VAN NUYS, CA / ACCESSWIRE / June 17, 2021 / Capstone Green Energy Corporation (NASDAQ: CGRN) ("Capstone", or the "Company"), a global leader in carbon reduction and on-site resilient green energy solutions, today announced that it has entered into an underwriting agreement with H.C. Wainwright & Co. under which the underwriter has agreed to purchase on a firm commitment basis 952,380 shares of common stock of the Company at a price to the public of $5.25 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about June 22, 2021, subject to... More