Gevo (GEVO) Prices 38.46M Share Registered Direct Offering at $1.30/Sh
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Gevo, Inc. Announces $50 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules
August 20, 2020 11:49 PM EDTENGLEWOOD, Colo., Aug. 20, 2020 (GLOBE NEWSWIRE) -- Gevo, Inc. (Gevo) (Nasdaq: GEVO), today announced that it has entered into definitive agreements with institutional and accredited investors for the sale of an aggregate of 38,461,545 shares of common stock (or common stock equivalents) at a purchase price of $1.30 per share in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about August 25, 2020, subject to the satisfaction of customary closing conditions.Â
H.C. Wainwright & Co. is acting as the exclusive placement agent for the... More
