Hydrogenics Announces Proposed Public Offering of Common Shares
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Hydrogenics (HYGS) Prices 2.13M Common Stock Offering at $7.75/Share
December 11, 2015 8:04 AM ESTHydrogenics Corporation (Nasdaq: HYGS) announced the pricing of its previously announced underwritten public offering of 2,129,031 common shares (the "Offering") at a price of $7.75 per share. Net proceeds to the Company from the Offering are expected to be approximately $15,276,000, after deducting underwriting commissions and other expenses related to the Offering and assuming no exercise of the underwriters' overallotment option. Based upon pricing and investor demand, the Company elected to increase the size of the Offering from the previously announced $15 million to $16.5 million. The Company has also granted to the underwriters a 30-day option to purchase... More
Hydrogenics (HYGS) Announces $15M Common Stock Offering
December 7, 2015 7:31 AM ESTHydrogenics Corporation (Nasdaq: HYGS) announced that it has commenced an underwritten public offering of $15.0 million of common shares (the "Offering"). In addition, the Company intends to grant the underwriters an option to purchase additional shares equal to up to 15% of the aggregate number of shares to be sold in the Offering.
Craig-Hallum Capital Group LLC is acting as sole book-running manager for the proposed Offering. Roth Capital Partners is acting as co-manager for the proposed Offering. The proposed Offering will be subject to customary conditions, including the approval of the Toronto Stock... More
