Capstone Green Energy (CGRN) Doubles Agreement to Sell Shares to 1.9M Shares at 5.25/sh From Previously Announced 950K

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Go back to Capstone Green Energy (CGRN) Doubles Agreement to Sell Shares to 1.9M Shares at 5.25/sh From Previously Announced 950K

Capstone Increases Previously Announced Bought Deal Offering of Common Stock to $10.0 Million

June 17, 2021 10:06 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, due to demand, the Company and the underwriter have decided to increase the size of the previously announced public offering, and accordingly the underwriter has agreed to purchase on a firm commitment basis 1,904,763 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... More