Gevo (GEVO) Prices 33.33M Share Offering at $4.50/sh
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Gevo, Inc. Announces $150 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules
June 6, 2022 8:00 AM EDTENGLEWOOD, Colo., June 06, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (Gevo or the Company) (Nasdaq: GEVO), today announced that it has entered into definitive agreements with several institutional investors for the purchase and sale of an aggregate of 33,333,336 shares of common stock, and accompanying warrants to purchase up to an aggregate of 33,333,336 additional shares of common stock, at a public offering price of $4.50 per share and accompanying warrant in a registered direct offering priced at-the-market under Nasdaq rules. The warrants have an exercise price of $4.37 per share, are immediately exercisable upon issuance and will expire... More
