Ballard Announces Pricing of U.S. Offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- SK Hynix’s record plunge drags down global chip stocks
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- Ditching streaming could boost Disney stock by 40%, Wells Fargo says
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
Ballard Power (BLDP) 8.13M Offering of Common Stock Prices at $1.60/Share
July 1, 2015 8:10 AM EDTBallard Power Systems (NASDAQ: BLDP) has announced that it has priced an underwritten offering ("Offering") of 8,125,000 common shares at a price of U.S. $1.60 per share, for gross Offering proceeds of approximately U.S. $13.0 million.
The net proceeds to Ballard from the Offering are expected to be approximately U.S. $11.8 million, after deducting underwriting discounts, commissions and other estimated Offering expenses. The Offering is expected to close on or about July 7, 2015, subject to customary closing conditions.
Ballard has also granted the underwriters of the Offering a 30-day option to purchase... More
