Replies to post #30251 on Alto Ingredients Inc (ALTO)

[Chicago-Paul]

Actually, PEIX did make a Press Release on the Offering.

Here it is:

Press Releases

Pacific Ethanol Announces Closing of $75 Million Equity Offerings

Download as PDFOctober 28, 2020 5:36pm EDT

SACRAMENTO, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (NASDAQ: PEIX), a leading producer of specialty alcohols and essential ingredients, today announced the closing of its previously announced underwritten public offering of common stock and pre-funded warrants and concurrent private offering of warrants, for total gross proceeds of approximately $75.0 million.

Here are the link:

https://ir.pacificethanol.com/press-releases/detail/552/pacific-ethanol-announces-closing-of-75-million-equity

I still don't see how PEIX used the proceeds of it's October 28th Stock Offering to pay down debt in Q2 and Q3.