UQM Technologies, Inc. (UQM)

[local]

Offer is closed

"On October 30, 2015, UQM closed the Offering. The Units were sold at a purchase price of $0.80 per Unit, for aggregate gross proceeds of $6,400,000. Net proceeds, after deducting the placement agent fee and other estimated offering expenses, are approximately $5,800,000. UQM intends to use the net proceeds from the Offering for general corporate purposes."

http://www.sec.gov/Archives/edgar/data/315449/000031544915000083/uqm-20151030x8k.htm


The warrant gives the purchaser the right to purchase one share of stock at an exercise prices of $1.31.