Aspen Aerogels (ASPN) to Offer $200M in Common Stock

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Aspen Aerogels, Inc. Announces Proposed Public Offering of $200 Million of Common Stock

November 29, 2022 4:06 PM EST

NORTHBOROUGH, Mass., Nov. 29, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that it has commenced a proposed underwritten public offering of $200 million of shares of its common stock. In addition, the Company expects to grant the underwriters of the offering a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering at the public... More