Ideal Power (IPWR) Announces Proposed Share Offering

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Go back to Ideal Power (IPWR) Announces Proposed Share Offering

Ideal Power Inc. Announces Proposed Public Offering

March 25, 2024 4:07 PM EDT

AUSTIN, TX / ACCESSWIRE / March 25, 2024 / Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN" bidirectional semiconductor power switch, today announced that it has commenced an underwritten public offering (the "offering") of shares of its common stock (or pre-funded warrants in lieu thereof). Ideal Power also intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the aggregate number of shares of its common stock sold in the offering. The... More