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Stock impact report

Gevo, Inc. Announces Pricing of $18.0 Million Upsized Public Offering

Gevo, Inc. (GEVO) 
Last gevo, inc. earnings: 11/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gevo.com
Company Research Source: GlobeNewswire
ENGLEWOOD, Colo., June 30, 2020 (GLOBE NEWSWIRE) -- Gevo, Inc. (“Gevo”) (Nasdaq: GEVO), today announced that it has priced a public offering of an aggregate of 30,000,000 shares of common stock (or common stock equivalents), together with accompanying warrants to purchase up to an aggregate of 30,000,000 shares of common stock, at a public offering price of $0.60 per share and accompanying warrant.  Each share of common stock (or common stock equivalent) will be sold in the offering with one warrant to purchase one share of common stock.  The warrants have an exercise price of $0.60 per share, are immediately exercisable, and expire five years following the date of issuance.  H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The gross proceeds of the offering are expected to be $18.0 million, prior to deducting placement agent’s fees and other offering expenses payable by Gevo and assuming none of the warrants issued in the offering are exercised f Show less Read more
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