Westport Announces US$10 Million Registered Direct Offering and Concurrent Private Placement Priced At-The-Market Under Nasdaq Rules
Westport Fuel Systems Inc. announced a definitive agreement for a $10 million registered direct offering of common shares and a concurrent private placement of warrants priced at-the-market under Nasdaq rules. The company expects to use the net proceeds for working capital and general corporate purposes. If private placement warrants are exercised,…