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American Superconductor Announces Pricing of $115 Million Public Offering of Common Stock
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American Superconductor Shares Plunge After Underwritten Public Offering - Wall Street Pit
American Superconductor Corp. (AMSC) shares fell 15.80% to $29.00 after pricing a public offering of 4.13 million shares at $28.00, signaling investor concerns over dilution. The $1.66 billion market cap company expects to raise $115.60 million in gross proceeds, to be used for working capital, general corporate purposes, and potential…
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