FuelCell Energy Inc (FCEL)

[Maximilliano]

17M share dilution 1.94M gross to FCEL

"We will not receive any proceeds from the sale by the selling stockholders of the shares of common stock offered by this prospectus. We will, however, receive proceeds on the exercise by the selling stockholders of the outstanding warrants if such warrants are exercised for cash. If all of the outstanding warrants are fully exercised for cash, we will receive gross cash proceeds of approximately $1.94 million."

https://www.sec.gov/Archives/edgar/data/886128/000110465920078078/tm2023525-1_s3.htm