Aspen Aerogels (ASPN) Prices Upsized 25.26M Offering at $9.50/Share
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Aspen Aerogels, Inc. Announces Pricing of Upsized Public Offering of $240 Million of Common Stock
November 30, 2022 1:26 AM ESTNORTHBOROUGH, Mass., Nov. 30, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the pricing of an underwritten public offering of 25,263,158 shares of its common stock at a public offering price of $9.50 per share. In addition, the Company has granted the underwriters of the offering a 30-day option to purchase up to an additional 3,789,473 shares of common stock. The gross proceeds to Aspen from this offering are expected to be approximately $240... More
