Gevo Inc (GEVO)

[duderaja]

I think the same person PM me and can't reply to them either, but the PR says that GEVO "entered into definitive agreements with several institutional investors for the purchase and sale of an aggregate of 33,333,336 shares of common stock, and accompanying warrants to purchase up to an aggregate of 33,333,336 additional shares of common stock, at a public offering price of $4.50 per share." It goes on to say the gross expected proceeds is $150 million. The only way to get $150 million out of 33,333,336 shares is if they sell for $4.50.