American Superconductor (AMSC) Prices 4.125M Share Offering at $28/sh

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AMSC Announces Pricing of $115 Million Public Offering of Common Stock

June 11, 2025 8:31 AM EDT

AYER, Mass., June 11, 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, announced today that it has priced its underwritten public offering of 4,125,000 shares of its common stock at a public offering price of $28.00 per share. AMSC expects the gross proceeds from this offering to be $115,500,000, before deducting the underwriting discounts and commissions and other estimated offering expenses. AMSC... More