American Superconductor (AMSC) Announces Proposed Share Offering

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Go back to American Superconductor (AMSC) Announces Proposed Share Offering

AMSC Announces Proposed Public Offering of Common Stock

June 10, 2025 4:01 PM EDT

AYER, Mass., June 10, 2025 (GLOBE NEWSWIRE) -- American Superconductor Corporation (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid and protect and expand the capability and resiliency of our Navys fleet, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. AMSC also expects to grant the underwriters a 30-day option to purchase additional shares of common stock offered in the public offering. The offering is subject to market... More