If the over-allotment option is exercised in full, gross proceeds of the offering will be US $273,556,250.
What a great show of strength! that a company could raise 1 quarter of a billion dollars in the blink of an eye and the PPS doesn't flinch. No coincidence this came on the heels of the cummins announcement and Conference Call. They wanted the world to see what kind of muscle they have. No more loans or lines of credit, it's obvious now they can raise whatever money they need and investors will be more than happy to oblige.
Westport Innovations To Sell 5.5M Shares At US$43.25 Each
5.5 million shares at $43.25 and the PPS is holding very strong at an even $44.00 how awesome is that?
beware of the pump it will leave you in the dump
Recent WPRT News
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