$13.68 Million USD Successfully Raised by PowerBank in At-The-Market Equity Offering [Yahoo! Finance]
PowerBank Corporation (SUUN)
Company Research
Source: Yahoo! Finance
TORONTO Feb. 3, 2026 /CNW/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company "), a leader in North American energy infrastructure development and asset ownership, is pleased to announce that is has raised gross proceeds of $13.68 million USD through the offering of common shares (" Shares ") under its previously announced "at the market" (" ATM ") offering program pursuant to a prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025. Through the ATM, PowerBank has sold 7,738,625 Shares for gross proceeds of approximately $13.68 million USD. The net proceeds raised have been or will be deployed to support the development of the Company's expanding portfolio of renewable energy projects, to strengthen its position as an independent power producer, for investor relations expenditures, for ongoing operations and for working capital requirements. Dr. Richard Lu, President & CEO Commented, "This suc
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SUUN
News
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- Intellistake Technologies Corp Secures C$278,000 AI Software Contract with PowerBank Corporation [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- $13.68 Million USD Successfully Raised by PowerBank in At-The-Market Equity Offering [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- $13.68 Million USD Successfully Raised by PowerBank in At-The-Market Equity OfferingPR Newswire
- $920,000 USD Received by PowerBank in Closing of Term Conversion of Financing for Geddes Project [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
SUUN
Earnings
- 11/17/25 - Beat
SUUN
Sec Filings
- 2/5/26 - Form 6-K
- 2/3/26 - Form 6-K
- 2/2/26 - Form 6-K
- SUUN's page on the SEC website