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Westport Fuel Systems Inc. Establishes At-the-Market Equity Offering Program
Contract Type
partnership
VancouverAutomotiveDescription
Westport Fuel Systems Inc. has announced the establishment of an at-the-market equity offering program, allowing the company to issue and sell up to US$35,000,000 (or its Canadian dollar equivalent) of common shares to the public. The program will enable the company to offer and sell common shares in Canada and the United States through the TSX and Nasdaq, with the net proceeds intended for funding investments in its hydrogen business, research and development, and general corporate purposes.